At its CES 2023 keynote event, Samsung announced several products across home appliances, smartphones, and TVs. The company also unveiled its strategies and sustainability goals alongside its new products. Over the past few years, Samsung has been doing a lot in terms of a positive environmental impact and sustainability. The company’s latest Bespoke home appliances […]
Read MoreSamsung Display has pushed the limits of its Micro LED TV technology once again. And at CES 2023, the consumer electronics giant revealed a new line of 4K Micro LED TVs, which now includes a sizeable 140-inch model. Although the company hasn’t revealed too many details about the new range, we have had the opportunity […]
Read MoreAt CES 2022, Samsung announced the formation of HCA (Home Connectivity Alliance). It is an alliance of consumer electronics and home appliance brands to improve the interoperability of smart home devices. Now, Samsung and other HCA brands have announced that they’ve reached an important milestone by introducing HCA Specifications 1.0 for C2C (Cloud-to-Cloud) interoperability for […]
Read MoreSamsung has tough times ahead, similar to many other consumer electronic firms, including Apple. The South Korean firm announced its earnings guidance for Q4 2022, and according to the company’s internal estimates, its operating profit would be around KRW 4.3 trillion (around $3.37 billion) from total revenue of around KRW 70 trillion (around $55 billion). […]
Read MoreSamsung is betting on its new strategy of creating connected experiences and “bringing calm to our connected world.” Or in other words, enabling seamless smart home connectivity with as few barriers and headaches as possible. It outlined its vision at CES 2023, and one key element in its plan is to bring SmartThings technology to […]
Read MoreSamsung expects demand for consumer electronics to remain sluggish throughout the first half of the year due to rising interest rates and high inflation. However, the company expects the industry to start recovering in the second half of 2023 and views the recent downturn as an opportunity in disguise. “A crisis usually creates a new […]
Read MoreEarlier this morning, Samsung organized an event at Samsung Digital City in Suwon, South Korea, to welcome 2023. The event was attended by around 150 people, who were mostly top officials of the company, including Jong-Hee Han, Co-CEO of Samsung Electronics, and Kye Hyun Kyung, President & CEO of MX Division. Addressing the new year, […]
Read MoreAs we have entered a new year, Samsung has announced a new program that brings exciting and exclusive offers on a wide range of its products. The program ‘A New Year, A New Start’ has been announced for Samsung customers in the Middle East region. This includes Algeria, Egypt, Iraq, Jordan, Kuwait, Morocco, Saudi Arabia, […]
Read MoreExecutive Chairman of Samsung Electronics, Lee Jae-Yong, has returned to South Korea from a 10-day long business trip to Southeast Asia, reports The Korea Times. During his trip, the company’s chief visited Malaysia, Singapore, and Vietnam. The aim of his visit to the three countries was to reportedly “pinpoint the next sustainable growth drivers of […]
Read MoreIn a very rare meeting, the South Korean conglomerate Samsung Group recently held a meeting with all its CEOs from all affiliates. On Wednesday, the meeting mainly discussed the economic downturn next year and the recession woes, including falling semiconductor prices, dipping currency rates, and further rate hikes. The high-level meeting took place Monday at […]
Read MoreIn an official newsroom post, Samsung announced that it will showcase innovative projects at CES 2023 developed by its C-Lab startups. Samsung will display four projects from the C-Lab inside (in-house venture program) and eight exciting projects from its C-Lab Outside (startup acceleration program). From January 5 to 8, visitors can come and take a look […]
Read MoreApple’s main chip supplier and Samsung’s primary competitor, TSMC, is reportedly set to kickstart 3nm semiconductor chip mass production this week. The Taiwanese giant TSMC is a bit late to the party, but Samsung started 3nm semiconductor production around 6 months ago in June and unveiled the world’s first 3nm chips on July 25. Moreover, […]
Read MoreAccording to a South Korean newspaper (via MoneyControl), one of the biggest chip producers in the world, Samsung Electronics, aims to expand its semiconductor production at its P3 factory in Pyeongtaek, South Korea. Apparently, the P3 factory in Pyeongtaek is the company’s largest chip manufacturing facility. This move is in contrast with the scaling back […]
Read MoreIt has been a pretty rough year for the technology sector, especially the smartphone market. Factors such as massive layoffs and economic downturns in several regions of the world have pushed people to stick with their current phones instead of buying new ones. Well, the impact of this can be seen in the global handset […]
Read MoreSamsung will soon face some tough times. Global investment and banking firm Goldman Sachs has estimated Samsung Electronics’ Q4 2022 operating profit to be around KRW 5.8 trillion (~$4.5 billion). Earlier, the investment banking company had estimated the company’s operating profit in the same quarter to be KRW 7.8 trillion (~$6 billion). The latest projection […]
Read MoreIn March 2020, Samsung began the construction of a new research and development center in Hanoi, Vietnam, which is expected to cost Samsung $220 million. Reportedly, the construction of this R&D center is now complete, and the Executive Chairman of Samsung Electronics, Lee Jae-yong, will visit Vietnam this week to celebrate the achievement. According to The […]
Read MoreAfter making USB Type-C charging ports mandatory on all smartphones, tablets, and laptops, the European Union (EU) has now agreed on new laws and regulations aimed at making batteries more sustainable and reusable. This new regulation will present a new set of challenges to consumer tech firms and battery manufacturers, as the new laws cover […]
Read MoreOver the past couple of years, Samsung has been criticized for saving costs and not bringing enough year-on-year hardware improvements to its smartphones and other mobile devices. However, it looks like even its rival Chinese brands are moving to a cost-optimizing strategy for the future. OnePlus held an event on Saturday in China to celebrate […]
Read MoreSamsung announced that two of its executives, Dr. Daniel Ahn of Mobile Platform Center, MX Business, and Dr. Michael Polley of Samsung Research America (SRA), have been named Fellows of the IEEE (Institute of Electrical and Electronics Engineers), which is the world’s largest technical professional organization headquartered in New Jersey, USA. The ‘Fellow’ title is […]
Read MoreSamsung’s mobile business will attempt to change its strategy next year to focus more on product competitiveness and less on cost reduction. With this drastic shift in philosophy, the company hopes to bring the fight to Apple and secure its leadership position. The Korean tech giant held an executive meeting with the DX (Device Experience) […]
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