Samsung electronics finance boss warns of disappointing results June 25, 2014 Samsung Electronics expects its earnings for the second quarter to be “not that good”, the firm’s finance chief said yesterday, amid growing worries about weak sales for its key smartphone business. Finance chief Lee Sang-hoon made the remark to local reporters in South Korea. Analysts have recently raised concerns that the company’s cash cow handset [...]
Samsung’s #Selfie4England backfires June 19, 2014 There is a long, rich and humorous history of hashtags backfiring on corporates but it doesn’t seem to stop them – step forward Samsung, who has been running the #Selfie4England since England’s first game last week. Let’s just say it’s been going wrong almost as much as right. A quick scan of the [...]
For Samsung Electronics boss Andy Griffiths life’s tough at the top of the tech table June 16, 2014 Samsung Electronics UK’s boss is always seeking innovations Samsung is at a tipping point. Its largest subsidiary, Samsung Electronics, maker of the hit Galaxy range of smartphones which generated total sales of $217bn (£128bn) last year, continues to see its core mobile business weaken, having reported its second straight quarter of declining profits in April. [...]
Samsung to reduce dependence on Google with first Tizen phone June 2, 2014 SAMSUNG will launch its first smartphone running its own Tizen mobile software instead of Google’s Android platform. The South Korean firm will officially announce the Samsung Z, which comes with a 4.8in high-definition display and offers features such as a fingerprint sensor, in San Francisco today. The phone will first be made available in Russia [...]
Samsung’s chairman rushed to hospital following heart attack May 11, 2014 SAMSUNG Electronics’ chairman Lee Kun-hee, the man overseeing the flagship subsidiary of South Korea’s biggest company, was rushed to hospital on Saturday night after having a heart attack and yesterday underwent emergency surgery. Samsung Medical Centre, where Kun-hee is now recovering from the operation, yesterday said the 71-year-old had undergone surgery for a cardiac procedure [...]
Samsung’s smartphones sales slide on increasing competition April 29, 2014 SAMSUNG Electronics, the division of the South Korean tech superpower responsible for smartphones and household appliances, saw profits slip 3.3 per cent during the quarter to March as its margins were squeezed by competition to its Galaxy phones. Profit from Samsung’s mobile division was 6.43 trillion won (£3.71bn), down 1.2 per cent from 6.51 trillion [...]
Samsung smartphone division posts a second profit warning April 8, 2014 SAMSUNG Electronics, the subsidiary of Samsung behind its Galaxy smartphones, has warned of a four per cent drop in operating profit for the quarter to March, marking the second quarterly decline in a row. The South Korean firm said that sales for the quarter are expected to be 53 trillion won (£30.2bn), flat on last [...]
Samsung, Motorola and LG join Google’s smartwatch platform March 18, 2014 GOOGLE last night unveiled a version of its Android smartphone software designed specifically for smartwatches and wearables. Motorola, LG and Samsung are among the consumer hardware manufacturers that have signed up to use the new software which Google is calling Android Wear. LG’s G smartwatch running Android Wear is due to arrive next quarter with [...]
Samsung shuns Android with new smartwatch February 23, 2014 SAMSUNG has dropped the Android platform from its latest smartwatch, distancing itself further from its ties with Google. The Gear 2, unveiled by the South Korean electronics giant yesterday, will instead use Tizen, a new mobile platform designed by a number of technology firms including Intel, Huawei and Vodafone, in response to Google’s domination of [...]
Carphone set to run 60 Samsung stores in Europe January 29, 2014 SAMSUNG and Carphone Warehouse have signed an agreement for the high street retailer to convert 60 of its stores across Europe into dedicated Samsung stand-alone stores. Carphone Warehouse was one of the top risers on the London Stock Exchange yesterday on the news with shares rising 6.69 per cent to close at 287.2p a share. [...]