Samsung steals smartphone crown from Apple as Chinese rivals Huawei, Oppo and Xiaomi eat into market Tech Apple's iPhone sales sagged 10 per cent in the first three months of 2024, while Samsung shipments also fell, but only by 0.7 per cent.
Samsung profit to skyrocket by 931 per cent as chip recovery in sight Tech It will be Samsung's most successful quarter since 2022 as sales also climbed to 71t won, up 11.4 per cent from a year earlier.
British tech firm Nanoco plans to buyback half of its shares following Samsung settlement tech British nanotechn company Nanoco has swung to a profit after shipping its first commercial orders and settling a major lawsuit with Samsung.
Samsung profits tumble 34 per cent after chip business hits rock bottom January 31, 2024 Samsung has reported a 34 per cent drop in operating profits in its four quarter and new lows for its chip business.
Samsung launches Galaxy S24 with AI features after Apple crowned top smartphone maker January 17, 2024 Samsung has today debuted its highly anticipated Galaxy S24 smartphone series, with new artificial intelligence (AI) features.
Samsung issues profit warning as microchip market stutters January 9, 2024 Samsung has said its operating profit is likely to plummet 35 per cent in the fourth quarter of 2023 as it struggles to get a grip on a microchip market that is still in the lurch. The South Korean tech giant has forecast a dip to 2.8t South Korean won (£1.7bn) in its October to [...]
Samsung narrows losses as ‘signs of life’ emerge from dead smartphone market October 11, 2023 Samsung has posted slimmer than expected losses as the beleaguered smartphone and chip markets show signs of recovery.
Nanoco nears commercial production after $150m Samsung settlement August 8, 2023 Manchester-based Nanoco has said it is closer to commercial production than any other time in its history as it uses the proceeds of a legal battle with Samsung “to generate further value from its IP.” Nanoco makes cadmium-free quantum dots, a vital part of a host of anticipated technological development. In a trading update published [...]
The 90s called: Flip phones forecast to be worth near $50bn by 2027 as analysts watch for an Apple model August 1, 2023 Foldable smartphones are sparking a renaissance of the iconic flip phone from the 90s, with the market forecast to be worth nearly £50bn in the next four years. According to Expert Market Research, the foldable smartphone market reached almost $16.5bn (£12.8bn) in 2022 and is expected to soar to $60bn (£46.6bn) by 2028. Global foldable [...]
Samsung profits tank 95 per cent as chip demand dwindles July 27, 2023 Samsung experienced a 95 per cent plunge in profit during their second quarter, causing shares to drop over three per cent on Thursday. The Korean electronics company reported an operating profit of 670bn Korean won (£407m) for the three months ending 30 June, its lowest in 14 years, and significantly down from the 14.1t (£8.5bn) [...]