Tag: samsung

Samsung delays launch of folding Galaxy smartphone

by Glenn CHAPMAN SAN FRANCISCO, United States (AFP) — Samsung said Monday it was delaying the launch of its folding smartphone after trouble with handsets sent to reviewers. Some reviewers who got their hands on the Galaxy Fold early reported problems with screens breaking. Samsung said it decided to put off this week’s planned release of the Fold after some reviews “showed us how the device needs further improvements.” The South Korean consumer electronics giant […]

World’s first 5G phone released in South Korea

  by Claire Lee Agence France Presse SEOUL, South Korea (AFP) — Telecom giant Samsung Electronics on Friday released the Galaxy S10 5G, the world’s first available smartphone with built-in fifth-generation communications, as South Korea seeks to build a lead in the transformative technology. On Wednesday the South became the first country to launch nationwide 5G services, with three superfast networks going live offering data speeds that allow users to download entire movies in less […]

Samsung launches folding smartphone, first 5G handset

by Glenn CHAPMAN Agence France Presse SAN FRANCISCO, United States (AFP) — Seeking to rev up demand in the slumping smartphone market, Samsung on Wednesday unveiled a folding handset, becoming the first major manufacturer to offer the feature. The South Korean giant also appeared to get the jump on rivals by announcing the first device for fifth-generation, or 5G wireless networks, one of four versions of its flagship smartphone, while stepping up its efforts in […]

Samsung bends over backwards to rev smartphone desire

by Glenn CHAPMAN Agence France-Presse SAN FRANCISCO, United States (AFP) — Samsung on Wednesday is expected to unveil new flagship smartphones including one with a screen that can fold closed like a book as it seeks to boost the moribund market. Much of what is in store at a Galaxy Unpacked event that the South Korean consumer electronics giant is hosting in San Francisco has been revealed in leaks, including a Galaxy 10 television commercial […]

Samsung reaches settlement over ‘exploding’ washing machines

SEOUL, South Korea (AFP) — Samsung Electronics has reached a settlement in a class-action lawsuit over 2.8 million “exploding” washing machines recalled in the US, the South Korean company said Tuesday. The faulty appliances were recalled in 2016 after reports that the top “can unexpectedly detach from the washing machine chassis during use, posing a risk of injury from impact”, according to The US Consumer Product Safety Commission. The lawsuit claimed some of the washers […]

Samsung Electronics enjoys record Q3 despite smartphone struggles

by Jung Hawon Agence France-Presse SEOUL, South Korea (AFP) — Samsung Electronics on Wednesday posted record quarterly operating and net profits as solid demand for its memory chips cushioned the fallout from slowing smartphone sales — but warned of tougher times ahead. The South Korean tech giant — the world’s top maker of smartphones and memory chips — has recovered from a series of setbacks, including a humiliating recall and the jailing of its de […]

Samsung Electronics flags record Q3 operating profit

SEOUL, South Korea (AFP) — Samsung Electronics said Friday it expects operating profit to reach a record high of 17.5 trillion won ($15.4 billion) for the third quarter of this year. Sales for the third quarter are expected to reach 65 trillion won, the world’s largest maker of smartphones and memory chips said in a statement. © Agence France-Presse

Samsung unveils newest smartphone hoping for sales boost

NEW YORK, United States (AFP) – South Korean electronics giant Samsung unveiled the new Galaxy Note 9 smartphone Thursday, its latest effort to address flagging sales of the high-functioning gadgets. Boosting the power and the price, Samsung hopes to win back customers in the competitive market. The consistent leader in the global smartphone market, the company nonetheless suffered a 22 percent drop in mobile technology sales in the second quarter. The company blamed the drop […]

Chinese tech ‘wolf’ Huawei stalks Apple and Samsung

by Dan Martin Agence France-Presse Ren Zhengfei, the founder of Chinese telecoms behemoth Huawei, likens the company to a ruthless “wolf” tirelessly running down its prey, an ethos that could soon make it the apex predator of the smartphone world. Despite being essentially barred from the critical US market, Huawei surpassed Apple to become the world’s number two smartphone maker in the second quarter of this year and has market leader Samsung in its sights. […]

Samsung Electronics posts $9.9 bn Q2 net profit, down 0.1%

SEOUL, South Korea (AFP) – Samsung Electronics on Tuesday reported a 0.1 percent dip in its second quarter net profit from a year earlier, blaming slower sales of smartphones and display panels for the drop. Net profit for the April to June period came in at 11.04 trillion won ($9.9 billion), slightly lower than the 11.05 trillion won in the same period in 2017, the company said in a regulatory filing. Operating profit was 14.87 […]

Samsung Electronics flags 5.2% rise in Q2 profit

SEOUL, South Korea (AFP) — South Korean telecom giant Samsung Electronics on Friday flagged a 5.2 percent rise in second quarter operating profit from a year earlier, missing analyst estimates. Operating profit is expected to come to 14.8 trillion won ($13.2 billion) for the April-June period, higher than the 14.07 trillion won in the same period in 2017, but down from the record 15.64 trillion won of the previous quarter. The forecast came at the low end […]

Apple and Samsung settle lengthy iPhone patent battle

SAN FRANCISCO, United States (AFP) – Apple and Samsung have ended a years-long patent battle over copied iPhone design with an undisclosed settlement, according to a US court filing Wednesday. The world’s two biggest smartphone makers reached a truce in their seven-year-old court battle a month after a federal court jury ordered Samsung to pay Apple some $539 million for copying patented iPhone features. That award was seen as a victory for Apple, which had […]