Samsung Electronics to expand mobile payments service to China, Europe
Tech giant Samsung Electronics Co Ltd said on Wednesday that it will expand its Samsung Pay mobile payments service to markets such as China and Europe after an initial launch in South Korea and the United States later this year.
Jun 03, 2015, 11:01 AM IST
Samsung Galaxy S6 smartphones sale hit 6 million
Sales of Samsung Electronics Co Ltd`s flagship Galaxy S6 smartphones reached 6 million units at the end of April, less than a month after their launch, researcher Counterpoint said on Tuesday, suggesting a positive start.
Jun 02, 2015, 22:36 PM IST
Samsung launches SUHD curved TV in India
The new range of TVs will be available in 165.1 cm (65 inch) and 139.7 Cm (55 inch) at Samsung Smart Plazas and leading consumer electronic stores and will be priced at Rs.4,40,900 and Rs.3,14,900, respectively.
Jun 02, 2015, 17:24 PM IST
Shake-up in key Samsung assets to cement heir''s grip as succession looms
If the due deal, goes through, Samsung still has to resolve include inheritance tax if Lee Kun-hee multi-billion dollar stakes in Samsung Electronics 3.8% or Samsung Life Insurance 20.76% are passed on to his heirs.
May 26, 2015, 12:33 PM IST
Samsung to merge two major units
Samsung Group announced Tuesday the merger of two major affiliates, as the South Korean business giant accelerates restructuring efforts ahead of a generational power transfer within the founding Lee family.
May 26, 2015, 09:33 AM IST
Samsung Elec says halts TV production in Thailand
South Korea`s Samsung Electronics Co Ltd, the world`s top television maker, on Thursday said it stopped TV production in Thailand in the first quarter to streamline its global manufacturing footprint.
May 21, 2015, 15:38 PM IST
Samsung quietly prepping for change of style, rather than strategy
Samsung wants to be evaluated through performance and ensure Samsung keeps growing.
May 20, 2015, 11:02 AM IST
Samsung building $14.3 bn `Semiconductor Valley`
Samsung is reportedly beginning construction on a 14.3 billion dollar manufacturing complex that will be of the size of 400 soccer fields and will supply essential components to the electronics industry.
May 10, 2015, 16:51 PM IST
Samsung Electronics tips higher second-quarter profit on Galaxy S6 sales
Samsung Electronics Co Ltd on Wednesday said it expects earnings to rise in the second quarter after posting its highest profit in three quarters in January-March, boosted by strong demand for its new Galaxy S6 flagship smartphones.
Apr 30, 2015, 02:28 AM IST
Samsung suffers 38.9% fall in Q1 net profit
It was the fourth straight quarterly decline in net profit and missed the 4.9 trillion-won average of 23 analyst estimates compiled by Bloomberg News.
Apr 29, 2015, 08:30 AM IST
Samsung Electronics tips better second quarter, though cautious on outlook
Samsung Electronics Co Ltd on Wednesday tipped further earnings improvement in the second quarter after confirming its highest profit in three quarters in January-March, but voiced some caution about the second-half outlook.
Apr 29, 2015, 06:10 AM IST
Cost of Galaxy's battle against iPhone on the rise
The 64-gigabyte model of the Galaxy S6 edge costs $290.45 to make, according to IHS Technology. That`s more expensive than any Galaxy S model and iPhone analysed by the U.S. research company.
Apr 23, 2015, 17:58 PM IST
Cost of Galaxy's battle against iPhone on the rise
Samsung Electronics has pulled out all the stops on its new Galaxy smartphones, but their modest prices compared to the latest iPhones throw an uneasy spotlight on the long-term cost of fighting Apple`s premium branding.
Apr 23, 2015, 12:58 PM IST
Qualcomm to tap Samsung to make new mobile processors: Report
Samsung and Qualcomm declined to comment on Re/code`s report. The report, dated April 20, did not say whether Qualcomm was looking at other manufacturers for the 820 processor besides Samsung.
Apr 21, 2015, 13:26 PM IST
Samsung says expects Galaxy S6 models to set new shipments record
South Korea`s Samsung Electronics Co Ltd said on Thursday it expects record shipments for the latest version of its flagship Galaxy smartphones.
Apr 09, 2015, 09:16 AM IST
Samsung Electronics flags 30.5% drop in Q1 profit
Samsung Electronics on Tuesday flagged better-than-expected profits for the first quarter, with rising demand for memory chips helping offset slumping smartphone sales.
Apr 07, 2015, 08:48 AM IST
Tandoori microwaves help Samsung woo India, counter global dip
Samsung has been in India for two decades.
Apr 01, 2015, 17:21 PM IST
Chinese smartphone firm Xiaomi to set up production in India
Chinese smartphone maker Xiaomi Inc said on Thursday it would invest further and begin local production within 12 to 18 months in India, one of the world`s fastest-growing markets and currently dominated by Samsung Electronics and local firms like Micromax.
Mar 12, 2015, 20:21 PM IST
Samsung Electronics raises production target for new Galaxy phones: Report
South Korea`s Samsung Electronics Co Ltd has raised its production target for the new flagship Galaxy smartphones following positive market reception, the Electronic Times newspaper reported on Wednesday.
Mar 11, 2015, 06:38 AM IST
Samsung Electronics says in talks with Indian states on new factory
South Korean technology giant Samsung Electronics Co Ltd said on Friday that it was in talks with Indian state administrations about building a third manufacturing plant in the country.
Mar 06, 2015, 12:49 PM IST