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Samsung Electronics

07 April, 2020, 09:21 AM IST

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SAMSUNG ELECTRONICS

Koreans take greater charge of Samsung India's financial transactions

Samsung India is currently undertaking multiple initiatives to boost profit which declined three-fifths in the past two fiscals due to the price war it entered with Chinese companies like Xiaomi, OnePlus, Oppo and Realme in smartphones and televisions. In FY19, Samsung India’s net profit was Rs 1,540 crore, down from its recent peak of Rs 4,156 crore in FY17.

Global semiconductor revenue declined 11.9% in 2019: Gartner

Worldwide semiconductor revenue totalled USD 418.3 billion in 2019, down 11.9 pe...

Samsung unveils Galaxy S10 Lite, Note10 Lite smartphones

These budget versions of Samsung's flagship phones of 2019 pack key premium features...

  • As of November 2019, Samsung accounted for 53.9 per cent of the global 5G smartphone market and led the industry in offering consumers five Galaxy 5G devices globally, including the Galaxy S10 5G, Note10 5G and Note10+ 5G, as well as the recently launched Galaxy A90 5G along Galaxy Fold 5G.

    ASML manufacturing staff operate in an environment that is literally shielded from the coronavirus pandemic.

    Today Samsung -- by far South Korea's most powerful conglomerate with more than 50 affiliates from electronics and insurance to hotels and apartments -- is a larger smartphone manufacturer than Apple, and at the same time a key supplier to its great rival.

    As per latest regulatory filings made to RoC, the South Korean technology giant’s India revenue grew by 19.7% in FY19 at Rs 73,085.9 crore as compared to Rs 61,065.6 crore it had clocked in FY18. In the flagship mobile phone business, Samsung India revenue increased by 15.4% at Rs 43,087.9 crore in FY19 as compared to Rs 37,349.7 crore in FY18.

    “We wanted to change the definition of the premium segment. It is not about pricing but giving experience. We are offering all features from the latest chipset to the fastest charging. we will keep on expanding the portfolio. It is just an entry and we have many more devices to come,” Madhav Sheth, India CEO.

    Huawei is approaching a critical juncture in its fight for survival, six months after Washington barred it from buying key US components and software without special licences. Those include Google’s Android operating system, semiconductor design tools from Synopsys Inc. and Cadence Design Systems Inc. and radio frequency chips made by Qorvo and Skyworks.

    That came a day after the biggest daily jump of 813 cases in South Korea's battle with the largest virus outbreak outside China, said the Korea Centers for Disease Control and Prevention (KCDC), which will update numbers later in the day. The death toll of 17 was unchanged from Saturday, it added.

    The device will go on sale worldwide next month.

    Many new cases have been linked to a church in the southeastern city of Daegu after a 61-year-old woman known as "Patient 31" who attended services there tested positive, KCDC said. It also reported the seventh and eighth deaths from the disease in the country, both from a hospital in Cheongdo, a county where confirmed cases surged in recent weeks, along with nearby Daegu.

    The new Chromebook 4 and Chromebook 4 Plus boast improved aesthetics and support USB-C for charging as well as connecting to a 4K monitor.

    In December, a South Korean court had sentenced Lee to 1-1/2-years in jail for sabotaging legitimate union activities.

    This comes at a time when the competition watchdog is investigating the business practices of ecommerce marketplaces and the exclusive arrangements that smartphone brands have with them.

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