Samsung issues profit warning amid collapse in memory chip prices March 26, 2019 Samsung issued a surprise warning to its shareholders this morning that its first-quarter results would be worse than expected due to collapsing memory chip prices and lower demand for its display panels business. In a regulatory filing issued to the London Stock Exchange before its earnings guidance next week, the South Korean tech giant said: [...]
Huawei takes ground from Apple and Samsung in smartphone war February 21, 2019 Tech giants Apple and Samsung are losing their grip on the smartphone market to cheaper rivals such as China’s Huawei, as the sector looks increasingly trapped in a slowdown. Research by consultancy firm Gartner found global smartphone sales stalled in the final quarter of last year year, growing just 0.1 per cent from the end [...]
Qualcomm launches new 5G smartphone chip ahead of network rollout February 19, 2019 Tech giant Qualcomm today unveiled its second generation of chips that allow smartphones to connect to 5G in a bid to fasttrack the rollout of the new network. The US chipmaker said the so-called modem chip is designed to support the global 5G rollout and can also work on 4G networks, allowing greater flexibility for [...]
Samsung Unpacked 2019: Your guide to the launch event as Samsung prepares to unveil Galaxy S10 February 19, 2019 Samsung is gearing up to unveil a spate of new smartphones and wearable gadgets at its Unpacked 2019 event tomorrow night, but several leaks might have taken the wind out of its sails. The South Korean tech giant is expected to launch three new smartphones at a dual launch event in San Francisco and London, [...]
Here’s how retailers can enhance the customer experience in-store in 2019 January 24, 2019 The pressure on Britain’s high street is intensifying with shopkeepers preparing themselves for yet another year of declining footfall, driven by low consumer confidence and the growth of online competitors. Against this backdrop, we’re seeing a number of high street retailers revamping their customer experience in-store and trialling new creative strategies to encourage shoppers back [...]
LG profits to plummet 80 per cent in festive quarter, as Samsung shares hit by weak chip demand January 8, 2019 LG Electronics has said its operating profit for the fourth quarter is likely to drop 80 per cent from the same period in 2017, falling miles away from previous analyst expectations. The world's second largest TV manufacturer has forecasted profit of just 75.3bn won (£52.5m) for the three months to December last year, which is also [...]
DEBATE: With Apple sales slowing and the share price tumbling, is China to blame? January 7, 2019 With Apple sales slowing and the share price tumbling, is China to blame? Neil Goddin, manager of the Kames Global Equity fund, says YES. Unlike the western world, the Chinese people are likely to support their country in the midst of a trade war by not buying American if they don’t need to. They would not [...]
CES 2019: Tech firms set to chase Vegas lights for gadget bonanza January 6, 2019 This week marks the dawn of CES 2019, an annual trade show held in Las Vegas where startups and tech giants alike debut some of the world’s hottest new gadgets. Following on from last year’s most popular trend, voice assistants and artificially intelligent products are expected to take centre stage. Samsung is thought to be [...]
Why voice assistants are set to make their ‘presents’ known this Christmas December 18, 2018 Christmas is now only a week away, and unsurprisingly gadgets will be taking up a lot of space under the tree, as people want to get their hands on the latest tech. Voice assistants are set to be an affordable, useful gift for many this year, and have become one of the hottest presents on [...]
UK chipmaker Graphcore gains unicorn status with $200m funding from BMW and Microsoft December 18, 2018 UK artificial intelligence chipmaker Graphcore has raised a $200m (£158.1m) series D funding round from BMW and Microsoft, valuing the firm at $1.7bn. The round brings Graphcore's total amount raised to date to over $300m, with its new investors joining existing backers such as electronics founder Robert Bosch, Dell and Samsung Electronics. The round was led by London venture [...]