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…
