Samsung share price up despite profits at three-year low October 7, 2014 Samsung has warned that its quarterly profit for the three months to September was at a three-year low, resulting in the electronics giant's first annual fall since 2011. Ahead of the release of its full financial results later this month, the South Korean company said its operating profit during the period declined by 60 [...]
Forget the Galaxy S5 and smartwatches, this is why Samsung is betting £10bn on the chips inside mobile devices October 6, 2014 Samsung is making its biggest bet yet on the chip making side of its business with plans to spend £9.7bn on a new factory to increase production of semiconductors. The Korean giant is investing in the tech behind the tech, rather than its more well known mobile hardware business which makes the flagship Galaxy devices, [...]
Microsoft insists Samsung owes it $6.9m in unpaid interest October 5, 2014 Microsoft is suing Samsung for $6.9m (£4.33m) in unpaid interest, an unsealed lawsuit has revealed. In August Microsoft announced it was suing the South Korean firm in a dispute over unpaid interest on Android patent royalties. The lawsuit, now made public by a New York federal court, reveals that although Microsoft has already [...]
Samsung’s Apple-busting strategy: Pull its Galaxy Note 4 release date forward in China and South Korea September 24, 2014 Samsung will launch its brand new Galaxy Note 4 "phablet" ahead of schedule in China and South Korea this week. With Apple reporting record-breaking sales of its new iPhone 6 and iPhone 6 plus, Samsung has responded by getting its new product out in the two vast Asian markets at the earliest possible date. [...]
Apple share price: iCloud hack and Samsung derail iPhone 6 hype sending shares down after six months of steady gains September 7, 2014 Ahead of Tuesday’s big launch event- said to be the unveiling of the latest iPhone 6 according to, well, everyone- Apple’s rising share price was derailed this week, as was its well-orchestrated hype-machine. On Tuesday shares hit a record high, even as the leaking of nude pictures of celebrities began to increase the focus on [...]
Gear VR puts Samsung in a bold new Galaxy September 3, 2014 SAMSUNG unveiled its first foray into virtual reality yesterday, with the Gear VR headset. The firm said that the headset, when married with the South Korean giant’s new Galaxy Note 4 smartphone, gives users an immersive experience to play games and watch video. While Samsung said the VR was still a work in progress, its [...]
IFA 2014: Samsung unveils new curved screen Galaxy Note Edge, Galaxy Note 4, Gear S smartwatch and virtual reality headset Gear VR September 3, 2014 Samsung has unveiled four new devices, including two Galaxy Notes, a smartwatch and a virtual reality headset. The Korean manufacturer has pipped rival Apple to the post with a big launch event at tech conference IFA in Berlin today. Two new “phablet” devices- larger than a smartphone, but not quite a tablet- in the Galaxy [...]
Samsung merges shipbuilding and engineering in restructuring September 1, 2014 Samsung announced yesterday a major merger of its shipbuilding and engineering divisions, as the conglomerate pursues a restructuring of its business. Samsung, best known for its electronics division, was hit in May by the hospitalisation of Lee Kun-hee, the group’s chairman and patriarch of the billionaire Lee family behind Samsung, prompting succession considerations to rise. [...]
Samsung over the rainbow, way up high on London’s Southbank August 20, 2014 Did anyone catch the midnight rainbow on the Southbank on Tuesday night? This 14ft installation added an interesting addition to the London skyline, but it wasn’t local artists behind the vision, it was good old Samsung. That’s 150 Samsung Galaxy Tab S computers you can see. Snazzy.
Apple and Samsung scale back global smartphone patent war August 6, 2014 Global tech titans Samsung and Apple have agreed a truce to drop all litigation between the two smartphone giants outside the US. The deal means that legal battles between the two companies, over the rights to the technology used in their rival iPhone and Galaxy smartphones, will end in nine countries, including the UK, Germany [...]