Samsung is under fire after beginning a pilot program that places advertisements on the screens of its Family Hub smart refrigerators in the United States. The move, which turns the company’s high-end appliances into digital ad platforms, has sparked frustration among customers who say it undermines the premium experience they paid for. The program quietly…
Samsung Electronics has reported a sharp 55% drop in second-quarter operating profit, falling to ₩4.7 trillion ($3.4bn) from ₩10.4 trillion ($7.5bn) a year earlier, as the company continues to lose ground in the fast-growing artificial intelligence chip market. The firm’s once-dominant semiconductor division – historically its biggest profit driver – saw operating earnings plunge 94%…
Tesla CEO Elon Musk has announced a $16.5 billion agreement with Samsung Electronics to supply chips for the U.S. automaker’s future vehicles. The deal is set to boost Samsung’s struggling contract chip manufacturing business and make use of its new fab in Taylor, Texas. Musk revealed on X that Samsung’s facility will produce Tesla’s next-generation…
Samsung’s executive chairman Lee Jae-yong has been cleared of all fraud allegations by South Korea’s Supreme Court, bringing an end to a high-stakes legal battle that has spanned nearly a decade and cast a long shadow over the country’s most powerful conglomerate. The ruling, delivered Thursday, upheld earlier verdicts from lower courts that had found…
Samsung is expanding its exploration of wearable technology beyond smartwatches and glasses, with potential future devices that could include AI-powered earrings, necklaces, and rings. In an interview with CNN this week, Won-joon Choi, Chief Operating Officer of Samsung’s mobile experience division, said the tech giant is investigating a range of new form factors for AI-integrated…
Last Friday, the Balmoral Convention Centre at the Federal Palace Hotel, Victoria Island, Lagos, became the epicentre of innovation as Swish Fusion Media & Tech Summit – Swish Fusion 25, powered by Samsung, attracted more than 1,000 thought leaders, innovators, and policy influencers. Under the banner “Africa: The Future of Retail, Media & Tech,” the…
Samsung Electronics has announced a new partnership with Netflix aimed at elevating the viewing experience through the integration of HDR10+ technology into the streaming giant’s content. The collaboration will see Netflix’s catalogue of shows and movies optimised for Samsung’s HDR10+ across its 2025 lineup of Neo QLED, OLED, and Lifestyle TVs, as well as selected…
Samsung has expanded the artificial intelligence (AI) capabilities of its smartphones with the launch of mid-range Galaxy A series devices, intensifying competition in the mobile market. For the first time, the Galaxy A56 5G, Galaxy A36 5G, and Galaxy A26 5G integrate advanced AI features, enhanced durability, and robust security protections, ensuring a safe and…
Samsung’s flagship HW-Q990D soundbar has become unusable for many customers following a problematic firmware update released this week. Reports flooding Samsung’s community forums, Reddit, and AVSForum indicate that the update has caused serious malfunctions, with users across the United States, Austria, the Philippines, Malaysia, and other countries experiencing similar issues. Affected users report that their…
A Seoul appeals court has acquitted Samsung Electronics Chairman Jay Y. Lee of accounting fraud and stock manipulation charges related to a 2015 merger, marking a significant legal victory for the business leader. The Seoul High Court upheld an earlier ruling that dismissed allegations that the merger of Samsung C&T and Cheil Industries was orchestrated…
Samsung and Google have introduced Eclipsa Audio, an open-source 3D audio format designed to deliver immersive sound experiences. This groundbreaking technology, set to debut later this year on select YouTube videos, will also feature in Samsung’s 2025 lineup of TVs and soundbars. Positioned as a cost-effective alternative to Dolby Atmos, Eclipsa Audio promises to redefine…
Tech giants Google and Samsung have announced plans to release a mixed-reality headset, marking a significant push to rival Apple’s Vision Pro and Meta’s Quest 3 in the expanding wearable technology market. The forthcoming headset, expected to launch in 2025, will be developed by Samsung and powered by a newly designed Android operating system for…
Samsung has announced a recall of over one million electric stoves due to a fire risk posed by the front-mounted knobs, which can be accidentally turned on by pets or humans. The recall comes after several incidents, including a recent case in Colorado where a dog inadvertently ignited a house fire by jumping onto a…
Samsung Electronics’ largest labor union in South Korea has initiated an indefinite strike, following a three-day walkout that failed to resolve ongoing disputes over pay and bonuses. The National Samsung Electronics Union (NSEU), representing 31,000 members or nearly a quarter of Samsung’s workforce in the country, announced the strike on Wednesday. This labor action, set…
In a display of dominance, Apple and Samsung have emerged as the top-selling smartphone manufacturers in the first quarter of 2024, completely monopolizing Counterpoint’s latest global top 10 list. Notably, iPhones secured four of the top five positions, yielding only the fifth spot to Samsung’s Galaxy S24 Ultra. Leading the pack is the iPhone 15…
In a significant shift in the global smartphone market, Samsung has dethroned Apple to emerge as the largest smartphone vendor, according to recent data from IDC. The change comes as Apple experienced a notable decline in iPhone shipments, dropping by nearly 10% in the first quarter of 2024. During this period, Apple shipped 50.1 million…
In a significant move aimed at fortifying the U.S. semiconductor industry, the Biden administration announced plans to allocate up to $6.4 billion in grants to South Korea’s Samsung Electronics. The funds, part of the 2022 Chips and Science Act, will support the expansion of chip production facilities in central Texas, as unveiled by the Department…
Following a teaser at the Galaxy S24 launch event, Samsung is gearing up to officially introduce its latest innovation, the Galaxy Ring, at the upcoming Mobile World Congress (MWC) 2024. In a press release, Samsung hints at an extensive “Intelligent Health lineup” that will leverage artificial intelligence (AI) to provide a more personalized user experience….
In a surprising ruling, Lee Jae-yong, the billionaire boss of Samsung Electronics, has been acquitted by a Seoul court on charges of stock manipulation and accounting fraud linked to a contentious 2015 merger of two Samsung affiliates. The unexpected verdict brings relief to Lee, who has faced legal challenges for years. The charges against Lee…
Samsung’s recently unveiled Galaxy S24 series, featuring AI-powered software capabilities, is facing scrutiny over its Generative Edit feature. The tool, designed to facilitate easy and seamless photo enhancements, has sparked concerns about the authenticity and ethical implications of AI-generated content. Addressing the widespread unease, Samsung’s head of customer experience, Patrick Chomet, asserted that the issue…
In an unexpected turn of events, a Mexican smartphone retailer has preemptively listed the highly anticipated Samsung Galaxy S24 on its website, revealing key details about the flagship device even before the official announcement at the Galaxy Unpacked 2024 event. The Yellow Amber variant of the Galaxy S24, available in both 128GB and 256GB configurations,…
As anticipation builds for the release of the Samsung Galaxy S24 Series, leaked marketing materials provide a sneak peek into the groundbreaking features that Samsung is poised to deliver. The series not only focuses on robust hardware configurations but also promises an unparalleled software experience, accentuating advancements in Artificial Intelligence (AI). One standout feature highlighted…
Samsung, the South Korean technology giant, has issued a warning that its operating profit for the third quarter is likely to experience a significant drop of approximately 78%. This projection comes as the company grapples with weaker demand for consumer devices than usual. According to earnings estimates released by Samsung on Wednesday, the expected operating…
Samsung Electronics reported a predicted 96% drop in second-quarter operating profit, estimating it to be 600 billion won ($459 million), largely in line with forecasts and the company’s lowest profit for any quarter since 2009. The profit estimate aligns with a 555 billion won Refinitiv SmartEstimate, with Samsung shares falling 1.4% in early trade. Losses…
Samsung has come out on top as the most repair-friendly smartphone brand in 2022, beating Apple by a large margin, according to a study by the Electronics Hub. The study aggregated data from iFixit to determine which smartphones were easiest and most difficult to repair at home, based on average repair times and the difficulty…
Technology companies often collaborate with various brands to offer interesting products to their users. Examples of this can be seen in the recent Harry Potter-themed Xiaomi products or Coca-Cola branded phones. However, Samsung has recently made headlines with a surprising collaboration. The South Korean tech giant has collaborated with TOILET PAPER for a limited edition…
In the past, I’d noted that Google was largely wasting money paying Apple to have its search engine as the default search in Apple products. My thesis was based on the construct that Google Search being the #1, Apple even without being paid would have used it. It was not really about Apple; it was…
Electronics giant Samsung says it plans to invest around 300tn won ($230.8bn; £189.6bn) over 20 years in the South Korean government’s push to develop a mega semiconductor hub in the country. This will be put towards building five chip factories, the firm told the BBC. Samsung is the world’s biggest maker of memory chips, smartphones…
Samsung has launched its latest lineup of flagship Galaxy smartphones, touting a better camera and enhanced gaming features as the South Korean tech giant tries to tempt people to upgrade amid weak macroeconomic conditions and waning consumer demand. The Galaxy S23 smartphone lineup features three new models: the standard S23, a slightly more expensive S23+…
