Korean device manufacturer Samsung Electronics has seen its quarterly net profit rise 42 per cent year on year, for the first three months of 2013. The firm made KRW7.15tn ($6.4bn) in 1Q13, up from KRW5.15tn in the same period last year. Revenue for the quarter was also up KRW7.6tn year on year, reaching KRW52.87tn.
Telefónic, Intel and Samsung’s investment units have each made a decision to invest undisclosed amounts in San Francisco start-up Expect Labs. The start-up is developing a platform to power a “new generation of intelligent digital assistants”, and has already benefitted from investments from Google and venture capital firm Greylock.
It was an overwhelmingly numbery week this week, as Q1 financials deluged the Informer’s inbox. Over the weekend the mainstream press were all aflutter about the fact that Apple was going to report a drop in quarterly profits. This duly happened, but fluctuations are relative and when your profits are plummeting all the way to $9.5bn for the quarter, it’s hardly a catastrophe.
The Informer has been in this industry a long time. He’s pretty jaded and sometimes feels like he’s seen it all. That was until this week however, when Samsung – the Korean handset maker that sells the most phones of any company in the whole world – admitted that its Taiwanese arm had paid a bunch of local students to post scathing reviews about rival HTC’s devices online.
Samsung has admitted paying students to post scathing reviews about Taiwanese rival HTC handsets on websites in Taiwan.
Ahead of its first-quarter earnings, South Korean handset manufacturer Samsung has issued a preliminary financial statement notifying shareholders that profits are set to rise by 53 per cent year on year.
Open source software player Mozilla has revealed it is collaborating with Samsung on a web browser engine called Servo. The engine is Mozilla’s attempt to rebuild the web browser from the ground up on modern hardware, the firm said.
US operator T-Mobile has revamped its retail offering, abolishing handset subsidies for premium devices in favour of an interest-free scheme that separates the cost of the device from the cost of network service. Annual service contracts have also been withdrawn. The pricing overhaul is expected to be one of a number of announcements made by T-Mobile at a press event later on Tuesday, although the changes have already been made on the operator’s online retail portal.
Samsung Electronics has announced that it has appointed two more CEOs to join the current CEO Oh-Hyun Kwon in steering the company.
Informa Telecoms & Media believes that the soon-to-be-released Galaxy S4 will be an evolution rather than a revolution in the smartphone world – but it will still be enough for Samsung to maintain its number-one position in the market.
The number of mobile phones sold globally has declined year on year for the first time since 2009, according to research revealed today. 1.75 billion handsets were sold in 2012, a 1.7 per cent decline on 2011, according to research firm Gartner.
According to the latest research from Informa Telecoms & Media, sales staff at leading UK retailers are more likely to recommend a Samsung device ahead of an Apple one despite Apple’s widespread marketing and advertising campaigns.
Samsung’s CES 2013 press conference marked an important but subtle change in the rhetoric of the world’s largest TV panel manufacturer.
As if facing legal action over patents from fellow handset manufacturers, such as Apple, was not enough, Korean firm Samsung is now facing action from the infrastructure market after Ericsson filed a patent infringement lawsuit against the company. The Swedish vendor claims that Samsung refused to sign a license agreement on fair, reasonable and non-discriminatory (FRAND) terms, despite two years of negotiations.
Digital cameras seemed like an obvious, early choice for the embedding of wireless connectivity. But the realisation of this has by and large been foiled – mainly due to the business model for cameras being based on content creation rather than content consumption.
Beating Microsoft partner Nokia to the punch, Korean handset giant Samsung has unveiled the first Windows Phone 8 (WP8) handset. The ATIV S handset was showcased at the IFA 2012 consumer electronics trade show in Berlin. It has a 4.8in display and runs on a 1.5GHz dual-core Snapdragon processor.
Samsung has revealed the world’s first Windows Phone 8 (WP8) smartphone, the Samsung ATIV S. The device has an elegant industrial design, is powered by the highest hardware specifications on the market – including dual-core processor, HD display, high memory capacity ─ and comes packed with the latest connectivity solutions and feature-sets. The investment made to produce this phone suggests that Samsung is now taking the Windows Phone ecosystem seriously and could return to a multi-OS strategy, something that the South Korean giant had adopted for years in the past.
The ongoing patent wars between mobile device manufacturers featured a decisive battle late Friday, when the jury deliberating on the argument between US company Apple and South Korea’s Samsung found against the Android-focused firm. The US jury awarded Apple damages of $1bn, after ruling that Samsung did indeed infringe several of Apple’s patented designs and features.
In a major coup for the Korean firm, Samsung has secured its first significant European network contract by signing a deal to supply 3UK with LTE Radio Access Network (RAN) and 3G/LTE core infrastructure equipment.
In a bid to propagate Android devices even further into the market, Google is preparing to launch a range of Nexus devices with various hardware partners in the final quarter of the year, according to a leaked memo from Japanese operator NTT Docomo.