Samsung led the market in Q3 but the shopping season is looking grim

The global semiconductor shortage has hit the smartphone market hard in the third quarter of the year, reveals a preliminary market report from Canalys. Worldwide smartphone shipments dropped 6% year-on-year, but not much has changed for Samsung regarding market share. In the 3rd quarter of the year, Samsung held a global smartphone market share of […]

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Samsung’s customer support service implements Sign Language Support

Samsung UK announced today a new addition to its Customer Support service, created for deaf or hard-of-hearing customers. The company has teamed up with SignVideo to better serve BSL (British Sign Language) users in the UK. Sign Language Support is now live at Samsung and available for customers every day between 8 AM and 10 […]

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Samsung opens its first online store in Kazakhstan

Samsung is constantly on the prowl to keep its in-store experience on par with a certain fruit-based competitor. Samsung’s Experience stores do a stellar job of highlighting its vast ecosystem of products. In locations where setting one up isn’t feasible, users have to settle for Samsung’s e-store. Kazakhstan is all set to get its first-ever […]

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Samsung heirs are selling off their shares worth billions of dollars

It is no secret that Samsung is one of South Korea’s richest megacorporations. That’s why members of the founding Lee family are among the country’s richest people. With the family patriarch passing away last year, the family is now looking at the highest inheritance tax bill ever in the history of South Korea. They’re now […]

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Samsung expecting highest-ever quarterly revenue in Q3 2021

Samsung has revealed its earnings guidance for the third quarter of this year. According to the electronics giant, its quarterly revenue could hit KRW 73 trillion (around $61.2 billion), and the operating profit could be around KRW 15.8 trillion (around $13.23 billion). This is the South Korean firm’s highest-ever quarterly revenue, thanks to robust chip […]

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Samsung India targets 65% growth in high-end consumer electronics

Despite losing ground to Chinese brands in the smartphone market, Samsung India continues to dominate the larger consumer electronics market. Its constant barrage of deals and promotions for coveted products such as high-end smart TVs have attracted a lot of users in the premium segment. Samsung India says that it is targeting a 65% growth […]

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People have been dumping Samsung shares and no one knows why

The shares of Samsung Electronics are as blue chip as they come. They have long been a darling of the South Korean equity market but perhaps that’s changing. Investors haven’t been bullish on the company’s stock in 2021. They have actually underperformed the broader equity market this year. The selloff has been intense since January […]

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Samsung unveils when it will start manufacturing 2nm, 3nm, 4nm chips

Samsung has finally unveiled its plans regarding the mass production of semiconductor chips based on 2nm, 3nm, and 4nm fabrication technologies. The announcement came as a part of the Samsung Foundry Forum 2021 event. The world’s biggest memory chip brand unveiled that it will continue to migrate process technologies for faster and more efficient chips, […]

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Samsung might be fined €39 million for illegally inflating TV prices

If you purchased a Samsung TV in the Netherlands between 2013 and 2018, you might have paid extra because of Samsung’s influence on local retailers. The ACM (Authority for Consumers & Markets) recently led an investigation on Samsung and determined that the company used unfair practices to pressure shopkeepers to raise prices. The ACM gave […]

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Samsung might be fined €39 million for illegally inflating TV prices

If you purchased a Samsung TV in the Netherlands between 2013 and 2018, you might have paid extra because of Samsung’s influence on local retailers. The ACM (Authority for Consumers & Markets) recently led an investigation on Samsung and determined that the company used unfair practices to pressure shopkeepers to raise prices. The ACM gave […]

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Samsung’s China shift is bleeding its Korean suppliers dry

Samsung’s adoption of multi-camera systems for smartphones a few years ago didn’t seem to have helped local lens suppliers much. In fact, the opposite happened, and rival companies from China have been thriving on the back of Samsung’s orders for a few years. Meanwhile, lens suppliers in South Korea were all in the red last […]

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Looks like Samsung is going to make a truckload of money this quarter

Business has been booming for Samsung Electronics. Even as some of its other divisions come under pressure, the semiconductor division has been raking in the cash. A variety of factors have contributed to its rising profits. The global semiconductor shortage is one of them. As demand remains high, the average selling price of semiconductor products […]

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Your Samsung charger could soon charge your friend’s iPhone… charger sold separately

The European Commission announced that it’s taking an important step against e-waste and consumer inconvenience. The European Union’s executive branch wants to standardize charging ports and harmonize fast charging technologies across all brands. The revised Radio Equipment Directive published by the European Commission proposes USB-C to be the common port for all devices, to allow […]

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Samsung’s building a TV plant in Pakistan to churn out 50,000 units yearly

Samsung Electronics is building a new TV manufacturing plant in Pakistan. The project will be finalized in collaboration with R&R Industries, and the factory is scheduled to become functional in the final quarter of the year. The news was confirmed via Twitter by the Advisor to the Prime Minister of Pakistan, Abdul Razak Dawood. According […]

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Lithuanian government’s anti-Xiaomi rant could end up helping Samsung

Although Samsung is still a major player in the European smartphone market, it had to surrender its crown to Chinese upstart Xiaomi. Samsung’s road to recovery will be long and arduous, as Xiaomi seems to have figured out a winning formula and has stuck to it religiously. However, one European country isn’t too happy with […]

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Samsung Electronics’ brand reputation takes a big hit in 2021

Market research firm FutureBrand conducted a survey to determine how much ‘respect’ a brand commanded in 2021. While the list does have some familiar names such as Apple (which came in second), Netherlands-based semiconductor company ASML holdings tops the charts. Samsung Electronics, on the other hand, came in thirteenth. To put things in perspective, Samsung was […]

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Has Samsung just made a $1.3 billion mistake in China?

There’s no denying the fact now that electric cars are the future. There were only a handful of companies really competing in this market up until a few years ago. Now, almost all major car manufacturers across the globe have started launching fully electric vehicles. Electric car companies are now considered to be solid investments […]

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Watch drone footage of Samsung’s semiconductor campuses in Korea

Samsung Semiconductor is among the world’s biggest semiconductor chip brands. Apart from designing and manufacturing its own chips, the company also makes chips for other brands such as Google, IBM, Nvidia, and Qualcomm. To fabricate those complicated chips, the South Korean firm has multiple state-of-the-art chip factories around the world, including in China, South Korea, […]

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