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Samsung signals end to chip downturn with forecast 10-fold jump in profit: World’s biggest maker of memory chips beats expectations with strong first-quarter ...
ft.com/content/769f99a4-e11b-4c57-b452-b04ad86b91e0
Quick Glance: Samsung forecasts 10-fold profit surge, marking the end of chip downturn
- Samsung expects a 10-fold increase in operating profit in the first quarter as memory chip prices recover strongly after last year's industry downturn.
- Revenue rose by 11.4 percent to Won71tn in the first quarter compared to the previous year, while operating profit surged by 931 percent to Won6.6tn.
- Analysts predict Samsung's chip division will achieve an operating profit of approximately Won900bn in the first quarter, compared to an operating loss of Won2.2tn in the December quarter.
- Samsung's strong earnings have also been driven by robust sales of its latest AI-driven smartphones, allowing the company to regain the top spot in global smartphone sales in February.
Biden Is Giving Samsung $6.4 Billion to Build US Chip Factories: After awarding billions to Intel and TSMC, the White House is also subsidizing Samsung's Texas ...
uk.pcmag.com/processors/151857/biden-is-giving-samsung-64-billion-to-build-us-chip-factories
Apple loses top phonemaker spot to Samsung as iPhone shipments drop, IDC says : Apple records steep decline as slumping China sales weigh
gulfnews.com/business/retail/apple-loses-top-phonemaker-spot-to-samsung-as-iphone-shipments-drop-idc-says-1.1713152284439
Quick Glance: iPhone sales plummet. Here's why
- Apple’s smartphone sales dropped by 10% last quarter, primarily due to a sharp decline in sales in China.
- Samsung had been the top smartphone manufacturer for 12 years, but Apple briefly took the top spot last year.
- The global smartphone market is showing signs of recovery with a 7.8% increase in smartphone shipments in the first quarter of 2024.
- Despite expectations for Apple and Samsung to maintain their market dominance, the rise of Huawei and other Chinese manufacturers like Xiaomi and OPPO/OnePlus may continue.
Samsung Imposes 6-Day Workweeks for Execs to Combat 'Crisis': Samsung is reportedly requiring its executives to work six days a week 'to inject a sense of ...
pcmag.com/news/samsung-imposes-6-day-workweeks-for-execs-to-combat-crisis
Quick Glance: Samsung Executives: New Work Schedule and Economic Challenges
- Samsung Group is introducing a six-day workweek for executives in response to economic challenges and disappointing results in 2023.
- The sudden change aims to create a sense of urgency and promote efforts to overcome the situation. The new work schedule takes effect immediately in most of Samsung's technology divisions.
- The work culture in South Korea is renowned for its intensity. In 2022, the average worker spent 1,901 hours at work.
- Recent data shows that Samsung has regained the top position in global smartphone shipments. First-quarter 2024 results are expected on April 30.
Samsung plans big capacity jump for SSDs, preps 290-layer V-NAND this year, 430-layer for 2025
tomshardware.com/pc-components/ssds/samsung-plans-big-capacity-jump-for-ssds-preps-290-layer-v-nand-this-year-430-layer-for-2025
Apple loses smartphone crown to Samsung as Chinese rivals gain ground: iPhone sales fall 10 per cent in first quarter of 2024 while groups including Xiaomi and ...
ft.com/content/2c13254b-9995-4408-b02b-6f07ce706b8e
Quick Glance: Samsung Takes Smartphone Crown from Apple
- Apple loses top position in the global smartphone market to Samsung as Chinese competitors gain traction.
- Samsung regains its status as the world's largest smartphone manufacturer in the first quarter of 2024, just three months after Apple claimed the top spot.
- The market's strongest growth comes from two Chinese manufacturers, while Apple continues to face challenges in the world's largest smartphone market.
- Despite an overall increase in global smartphone shipments, Apple experiences a decline in iPhone sales in China and misses out on much of the broader industry recovery.
Samsung Is Giving Away Free 65-Inch TVs. Here's How to Qualify: Preorder one of the many options from Samsung's new 2024 lineup of TVs and get an extra 65-inch ...
cnet.com/deals/samsung-is-giving-away-free-65-inch-tvs-heres-how-to-qualify/
Samsung's biggest OLED ultrawide monitor is $700 off: The Samsung Odyssey G9, the biggest ultrawide OLED monitor you can buy, is a full $700 off its ...
pcworld.com/article/2278597/samsungs-biggest-oled-ultrawide-monitor-is-700-off.html
Apple loses top phonemaker spot to Samsung as iPhone shipments drop, IDC says: Apple's smartphone shipments dropped about 10% in the first quarter of 2024 ...
reuters.com/technology/apple-loses-top-phonemaker-spot-samsung-iphone-shipments-drop-idc-says-2024-04-15/
Samsung's new 98-inch Crystal UHD TV is now available: The 98-inch Crystal UHD TV Samsung revealed at CES is now available. This model will run you $4 ...
engt.co/3TZju99
Samsung awarded $6.4 billion CHIPS Act grant to build 'semiconductor ecosystem' in Texas
engt.co/3Jiy1Yj
Samsung beats Apple to regain top spot as world's leading smartphone seller : Samsung Electronics regained the leading position in global smartphone sales ...
koreatimes.co.kr/www/tech/2024/04/133_371832.html
Samsung is once again the leader in global smartphone shipments: Samsung reclaimed the title for most global smartphone shipments from Apple in the first quarter ...
engt.co/4aPIPJg
Google is copying icons from Samsung’s One UI for Android 15: Last month, Google released Android 15 Developer Preview 2. Since then, experts have been digging ...
sammobile.com/news/google-copying-status-bar-icons-from-samsungs-one-ui-android-15/
Samsung disables notification categories with One UI 6.1, here’s how you can get it back
sammobile.com/news/samsung-disables-notification-categories-one-ui-6-1/
Samsung unveils 10.7Gbps LPDDR5X mobile memory optimized for AI applications: Samsung has announced its the next generation of LPDDR5X DRAM, capable of hitting ...
tomshardware.com/pc-components/ram/samsung-unveils-107gbps-lpddr5x-mobile-memory-optimized-for-ai-applications
Super critical: Don’t skip the latest Samsung update in any case!: Samsung sends out updates every month as a matter of routine. These updates are security ...
sammobile.com/news/super-critical-dont-skip-the-latest-samsung-update-in-any-case/
Best 55-Inch TVs for 2024: Hisense, Samsung and More: If you're looking to put a TV in a smaller room, our picks for the best 55-inch TVs include the best ...
cnet.com/tech/home-entertainment/best-55-inch-tv/
Exclusive | Samsung to Fortify U.S. Chip Revival by Swelling Its Texas Investment to $44 Billion
wsj.com/tech/samsung-to-fortify-u-s-chip-revival-by-swelling-its-texas-investment-to-44-billion-6d2d1799
Samsung releases an update to Samsung Keyboard: Samsung has released a new version of the Samsung Keyboard (version 5.8.20.12). Unfortunately ...
sammobile.com/news/samsung-releases-update-samsung-keyboard/
Samsung will get $6.4 billion in U.S. funding for chipmaking facilities in Texas: Samsung is investing $44 billion to build chipmaking plants in Texas
qz.com/samsung-chips-act-funding-texas-semiconductor-plants-1851409899
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More memory price increases blamed on Taiwan earthquake, but hikes were happening months before, and major manufacturers aren't based in Taiwan
tomshardware.com/pc-components/storage/more-memory-price-increases-blamed-on-taiwan-earthquake-but-hikes-were-happening-months-before-and-major-manufacturers-arent-based-in-taiwan
New Home Screen Customization Options for Your Samsung Phone have Arrived: Discover the new features of the Home Up module in Samsung's Good Lock ...
gizchina.com/2024/04/22/new-home-screen-customization-options-for-your-samsung-phone-have-arrived/
Samsung: Tech giant sees profits jump by more than 900%: Chip prices recover from a post-pandemic slump while demand for AI-related products booms.
bbc.com/news/business-68738046
Galaxy S23 One UI 6.1 update looks set to roll out from March 28!: Samsung announced last month that the One UI 6.1 update would be made available to 2023 Galaxy ...
sammobile.com/news/galaxy-s23-one-ui-6-1-update-march-28-rollout-confirmed/
Samsung ramps up U.S. chip investment to $45bn with $6.4bn grant: WASHINGTON/SEOUL/TAIPEI -- The U.S. government will offer up to $6.4 billion in direct funding ...
asia.nikkei.com/Business/Tech/Semiconductors/Samsung-ramps-up-U.S.-chip-investment-to-45bn-with-6.4bn-grant
Paid articlePaid
Galaxy S24, S23, Fold 5, A54 and more get surprise update in Europe: An unexpected new update is rolling out to quite a few Samsung phones. The Galaxy S24 series ...
sammobile.com/news/galaxy-s24-s23-fold-5-flip-5-a54-surprise-update-europe/
Samsung to get $6-7 billion in chip subsidy next week for Texas expansion, sources say
reut.rs/3U9O7d5
Quick Glance: Samsung to Receive Generous Chip Subsidies for Texas Expansion
- The Biden administration plans to award Samsung between $6 billion and $7 billion to expand its chip output in Taylor, Texas.
- These subsidies will be used for the construction of four facilities in Taylor, including a $17 billion chipmaking plant, a factory, an advanced packaging facility, and a research and development center.
- The goal of the CHIPS Act is to reduce reliance on China and Taiwan, as the share of global semiconductor manufacturing capacity in the U.S. has fallen from 37% in 1990 to 12% in 2020.
- As part of the deal, Samsung plans to more than double its U.S. investments to over $44 billion without taking government loans. It was not expected for President Joe Biden to attend the event.
Samsung starts mass production of most advanced NAND memory : SEOUL -- Samsung Electronics said Tuesday it has begun mass production of the world's ...
asia.nikkei.com/Business/Tech/Semiconductors/Samsung-starts-mass-production-of-most-advanced-NAND-memory
Paid articlePaid
Samsung boosts Joe Biden’s chipmaking ambitions with major Texas plant upgrade: South Korean group set to outdo rival TSMC with cutting-edge 2nm chip production ...
ft.com/content/4124eb79-ea40-411d-85df-0235774e316b
Next batch of Galaxy S24 Ultra camera improvements may be delayed: Every time Samsung makes major changes to the camera hardware on its flagship phones ...
sammobile.com/news/next-galaxy-s24-ultra-camera-improvement-update-delayed/
Samsung owes $142 mln in wireless patent case, jury says: Samsung Electronics owes patent owner G+ Communications $142 million for infringing G+ patents related ...
reuters.com/legal/litigation/samsung-owes-142-mln-wireless-patent-case-jury-says-2024-04-17/
First Galaxy A35 update brings 4G TDD improvements in Europe: Last month, Samsung launched the Galaxy A35, which we think is a reasonable choice. Now ...
sammobile.com/news/first-galaxy-a35-update-4g-tdd-improvements-europe/
South Korea ordered to pay Mason Capital about $32 mln over 2015 Samsung merger
reut.rs/4auV91X
Quick Glance: South Korea to Pay Mason Capital $32 Mln for Samsung Merger
- The Ministry of Justice announced that South Korea has been instructed to pay hedge fund Mason Capital Management over $32 million.
- The dispute arose from the merger of two Samsung affiliates in 2015.
- Mason Capital's argument was partially accepted by the Netherlands-based Permanent Court of Arbitration (PCA).
- Last year, the PCA directed the South Korean government to pay U.S. hedge fund Elliott about $108.5 million in a case related to the same merger.
Korean companies expand day care facilities for employees' kids : Samsung, Hyundai Motor, LG, POSCO and other Korean companies are rolling up their sleeves ...
koreatimes.co.kr/www/tech/2024/04/419_372440.html
Quick Glance: Korean Companies Enhance Child Care Support for Employees
- Korean companies like Samsung, Hyundai Motor, LG, POSCO, and others are improving the work environment for parents balancing work and child-rearing.
- In response to the country's declining total fertility rate, these companies are taking steps to address national demographic challenges.
- Samsung has opened and expanded a new daycare center in Suwon to alleviate the childcare burden on employees.
- Other companies like POSCO and LG are also stepping up efforts to provide childcare services for their employees and combat the low birth rate.
Samsung’s Easter gift for 25M+ phones makes iPhone users more jealous: Samsung's making it a habit to reward its customers with software updates around major ...
sammobile.com/opinion/samsungs-easter-gift-for-25m-phones-makes-iphone-users-more-jealous/
Galaxy S22, Fold 4, and Flip 4 to get One UI 6.1 in first week of May?: Back in February, Samsung announced the One UI 6.1 update for flagship devices launched ...
sammobile.com/news/samsung-one-ui-6-1-s22-fold-4-flip-4-may-3-release/
Move Over, Apple: Samsung Steals Back the Top Spot in the Smartphone Market: It's the latest development in the ongoing rivalry between Samsung and Apple.
cnet.com/tech/mobile/move-over-apple-samsung-steals-back-the-top-spot-in-the-smartphone-market/
One-fourth of Galaxy S24 buyers got one because they want AI: Samsung is the first phone manufacturer to embrace AI as both a primary feature and strategy to ...
sammobile.com/news/one-fourth-galaxy-s24-buyers-got-one-because-ai/
Like curved screens? Galaxy S23 Ultra is still a choice, but it isn’t cheap: A few weeks ago, we discussed the Galaxy S23 Ultra and why it may have marked the ...
sammobile.com/news/like-curved-screens-galaxy-s23-ultra-still-choice-but-not-cheap/
Samsung and Google tease new AI features: Samsung and Google have started teasing new AI (Artificial Intelligence) features developed through a partnership ...
sammobile.com/news/samsung-google-tease-new-ai-features/
Samsung refuses to supply displays for iPhone SE 4: Apple is developing the iPhone SE (4th generation). According to multiple reports, the brand will equip the ...
sammobile.com/news/samsung-refuses-supply-displays-iphone-se-4/
QD-OLED: The future of display technology is apparently uncertain: Samusung has been selling its QD OLED TVs on the market since 2022. The technology behind it ...
stadt-bremerhaven.de/qd-oled-zukunft-der-display-technologie-ist-offenbar-ungewiss/
Apple iPhone sales had their biggest decline since the pandemic: Samsung has now topped Apple as the world's top smartphone seller
qz.com/apple-iphone-smartphone-sales-slump-covid-samsung-1851410066
Apple AirTag Review: The AirTag tells your other Apple devices exactly where to find your lost objects, even if they're miles away.
pcmag.com/reviews/apple-airtag
New Good Lock version improves updating all modules: In December 2022, Samsung added the option to Good Lock to update all the modules at once. Well ...
sammobile.com/news/new-good-lock-version-improves-updating-all-modules/
Theme Park update will make One UI customization much faster: Samsung's Good Lock suite is one of the most feature-rich UI customization apps available on ...
sammobile.com/news/theme-park-update-customization-faster/
Samsung falls behind rivals as leaders avoid risk: SEOUL -- Once propelled by a decisive leadership, Samsung Electronics now finds itself falling behind ...
asia.nikkei.com/Business/Electronics/Samsung-falls-behind-rivals-as-leaders-avoid-risk
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Samsung to launch AI chips to challenge Nvidia, others — 'Mach 1' chips to launch in early 2025
tomshardware.com/tech-industry/artificial-intelligence/samsung-to-launch-ai-chips-to-challenge-nvidia-others-mach-1-chips-to-launch-in-early-2025
Why an iPhone Can Survive a Drop From a Plane, but Not From Your Kitchen Counter: We launched a drone with Apple and Samsung phones 300 feet in the air to test ...
wsj.com/tech/personal-tech/why-an-iphone-can-survive-a-drop-from-a-plane-but-not-from-your-kitchen-counter-57453ca9
Samsung 34-inch ultrawide QHD curved gaming monitor drops to $385 at Amazon: The Samsung Viewfinity S65UA is currently marked down to $385 at Amazon ...
tomshardware.com/monitors/samsung-34-inch-ultrawide-qhd-curved-gaming-monitor-drops-to-dollar385-at-amazon
Galaxy A54 April security update available in Europe: Samsung is rolling out the latest security update to the Galaxy A54. The April 2024 security update is ...
sammobile.com/news/galaxy-a54-april-2024-security-update-europe/
Samsung's new AI-equipped refrigerators offer up recipes : SEOUL -- Samsung Electronics unveiled a new line of AI-based home appliances on Wednesday ...
asia.nikkei.com/Business/Technology/Samsung-s-new-AI-equipped-refrigerators-offer-up-recipes
One UI 6.1 update could go live on more Galaxy phones next week: One UI 6.1 debuted with the Galaxy S24 series, but in late March, the update landed on several ...
sammobile.com/news/one-ui-6-1-update-could-go-live-more-galaxy-phones-next-week/
South Korea March exports up for sixth month on chip sales; miss estimates: Robust demand for South Korean chips helped Asia's fourth-largest economy post export ...
reuters.com/markets/asia/south-korea-march-exports-up-sixth-month-chip-sales-miss-estimates-2024-04-01/
Quick Glance: South Korea Sees Continued Export Growth in March
- South Korean exports continued to show growth in March, albeit slightly slower than expected, thanks to strong demand for chips.
- Compared to the previous year, exports increased by 3.1% to $56.56 billion, falling below the projected 5.2%.
- Imports in March decreased to $52.28 billion from the same month a year ago, which was deeper than expected but showed a slight improvement from the previous month.
- Overseas chip sales grew for the fifth consecutive month, with a 35.7% increase and achieving the best performance in two years. The rising demand for AI-related memory is boosting semiconductor sales.
Samsung Foundry renames '3nm' process tech to '2nm,' rewrites contract: Report: Samsung has reportedly changed the name of its process technologies ...
tomshardware.com/pc-components/cpus/samsung-foundry-renames-3nm-process-technology-to-2nm-production-node-following-industry-trends-report
Samsung is bringing epic battery life back with the Galaxy Watch 7 Pro: If there's one thing we miss about the Galaxy Watch 5 Pro, the only Pro smartwatch model ...
sammobile.com/news/galaxy-watch-7-pro-huge-battery-like-watch-5-pro/
A software update arrives for… Software Update app on Galaxy phones: Samsung has released a software update to an app called 'Software Update' on Galaxy ...
sammobile.com/news/software-update-arrives-software-update-app-galaxy-phones/
Samsung to Unveil $44 Billion US Chip Push as Soon as Next Week: Samsung Electronics Co. is preparing to take the wraps off a $44 billion investment in US ...
bloomberg.com/news/articles/2024-04-12/samsung-to-unveil-44-billion-us-chip-push-as-soon-as-next-week
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Apple AirTag Review: The AirTag tells your other Apple devices exactly where to find your lost objects, even if they're miles away.
pcmag.com/reviews/apple-airtag
How to Back Up Your Android Phone (2024): Do your future self a favor and back up all your precious photos, messages, and more before it’s too late.
wired.com/story/how-to-backup-your-android/
Shop Incredible TV Deals at Best Buy This Weekend Only: From OLED screens to impressively low-cost options, Best Buy has stellar prices on TVs right now ...
cnet.com/deals/shop-incredible-tv-deals-at-best-buy-this-weekend-only/
Samsung Odyssey G32A 32-inch FHD 165 Hz gaming monitor costs just $179 at Amazon: The Samsung Odyssey G32A gaming monitor is now just $179 at Amazon ...
tomshardware.com/monitors/samsung-odyssey-g32a-32-inch-fhd-165-hz-gaming-monitor-costs-just-dollar179-at-amazon
Reports claim Galaxy S23 running warmer after One UI 6.1 update: Last week, Samsung rolled out One UI 6.1 to many high-end smartphones and tablets ...
sammobile.com/news/reports-galaxy-s23-running-warmer-one-ui-6-1-update/
Samsung Elec shares priced for $326 mln block sale, sources say: About 5.25 million shares in Samsung Electronics were priced in a block sale worth about 441 ...
reuters.com/technology/samsung-elec-shares-priced-84100-wonshare-block-sale-worth-326-mln-sources-say-2024-04-09/
Nintendo Switch 2 May Use Samsung 5th Generation V-NAND With up to 1.4 GB/S Read Speed
wccftech.com/nintendo-switch-2-samsung-v-nand/
Galaxy S21 series gets April security update as users wait for One UI 6.1: Eagerly anticipating the release of the One UI 6.1 update for your Galaxy S21 ...
sammobile.com/news/galaxy-s21-series-april-2024-security-update-europe/
Carrier-locked Galaxy Note 20 in USA gets April 2024 security update: After releasing the April 2024 security patch to the carrier-unlocked variants of the ...
sammobile.com/news/carrier-locked-galaxy-note-20-usa-april-2024-security-update/
Samsung, LG account for 40% of US home appliance market : Samsung Electronics and LG Electronics took up 40 percent of the home appliance market in the United ...
koreatimes.co.kr/www/tech/2024/04/133_372428.html
Will 6-day work week for executives help Samsung avert crisis? Other companies may follow suit
straitstimes.com/asia/east-asia/will-6-day-workweek-for-executives-help-samsung-avert-crisis
Samsung Rewards loyalty program is now available in Canada: Prospective Samsung customers in Canada now have one extra reason to use a Samsung Account when they ...
sammobile.com/news/samsung-rewards-loyalty-program-now-available-canada/
Samsung 65-Inch S95D 4K OLED TV Review: The Samsung S95D has the fantastic contrast and color that OLED TVs typically offer, along with light output that rivals ...
pcmag.com/reviews/samsung-65-inch-s95d-4k-oled-tv
7 reasons why the Galaxy M55 is better than the M54: Samsung released the Galaxy M55 in India a couple of days ago, and with it, the company may have set ...
sammobile.com/news/seven-reasons-galaxy-m55-is-better-than-m54/
Galaxy AI: Use Samsung Keyboard to type casually… or like a pro: Samsung introduced many new, AI-powered features with One UI 6.1. This new version of One UI is ...
sammobile.com/news/galaxy-ai-samsung-keyboard-features-grammar-tone/
South Koreans spend most on phones, which is good news for Samsung: Last year was terrible for smartphone brands, as sales declined year-over-year. However ...
sammobile.com/news/south-korean-spend-most-phones-good-news-samsung-2023/
Galaxy S24+ is likely a better phone for you than the S24 Ultra: Here's a hot take on the Galaxy S24 Ultra: It's not for everyone. In fact ...
sammobile.com/opinion/galaxy-s24-plus-better-phone-than-s24-ultra/
Samsung Unveils the fastest LPDDR5X RAM with 10.7 GHz frequency: Unlock the potential of AI-powered mobile devices with Samsung's LPDDR5X DRAM. Faster ...
gizchina.com/2024/04/17/samsung-unveils-the-fastest-lpddr5x-ram-with-10-7-ghz-frequency/
April security update is out for the Galaxy S22 lineup: Yet another Galaxy smartphone is receiving a standard security update instead of the update Samsung fans ...
sammobile.com/news/galaxy-s22-april-2024-security-update-usa/
Carrier-locked Galaxy S21 FE gets April 2024 security update in USA: Yesterday, Samsung released the April 2024 security patch to the international and ...
sammobile.com/news/carrier-locked-galaxy-s21-fe-april-2024-security-update-usa/
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