Tag Archives: Samsung
Shipments of Samsung’s Galaxy S4 hit 10m milestone just a month after launch
Manufacturer’s fastest selling phone yet
Channel sales of Samsung‘s news flagship smartphone the Galaxy S4 have already hit the 10 million mark, just a month after its debut. It means the S4 is now the South Korean manufacturer’s most successful handset yet, selling faster than any of its predecessors. The landmark number of units shipped to mobile operators was revealed by Samsung today (23rd May 2013), though just over a week ago it also revealed that it had shipped 6 million handsets – demonstrating the staggering pace at which the phones are selling. Continue reading
Samsung edging out Apple in smartphone wars
South Korea’s Samsung has further extended its lead over Apple as the world’s largest smartphone maker, taking a 31 per cent share of recent sales according to new data.
Research firm Gartner says the manufacturing giant sold 64.7 million smartphones in Q1 2013, against 38.1 million iPhone sales. It means Samsung is increasing its lead since a year ago when it sold 40.6 million smartphones to Apple’s 33.1 million.
Together, the two companies now account for nearly half the smartphone market which in itself is increasing by 43 per cent a year. Gartner says more than 200 million people bought smartphones in the quarter, and that the devices now account for just AMeanwhile, Nokia’s shares slump after release of latest WP8 model
South Korea’s Samsung has further extended its lead over Apple as the world’s largest smartphone maker, taking a 31 per cent share of recent sales according to new data. Research firm Gartner says the manufacturing giant sold 64.7 million smartphones in Q1 2013, against 38.1 million iPhone sales. It means Samsung is increasing its lead since a year ago when it sold 40.6 million smartphones to Apple’s 33.1 million.
Together, the two companies now account for nearly half the smartphone market which in itself is increasing by 43 per cent a year. Gartner says more than 200 million people bought smartphones in the quarter, and that the devices now account for just under half of total phone sales globally.under half of total phone sales globally. Continue reading
Shares in Imagination plunge after renewed contract delay warnings
Shares in Britain’s Imagination Technology suffered a massive 18% drop in early London trading today, after an earnings update revealed deals has been subject to “higher levels of uncertainty due to structural and organisational changes among a number of semiconductor partners in various regions.” Continue reading
Android tightens its grip as top smartphone platform
Launch of Galaxy S4 could make it even more dominant
Latest figures from research firm Kantar show Android is becoming increasingly dominant as a smartphone platform, and is set to extend its lead. It found that in almost every global region the Google OS had a bigger slice of sales, accounting for 58.3 per cent of smartphones in the UK alone during the first three months of this year [2013], compared to 48.3 per cent a year earlier. Android has also surged ahead of Apple’s iPhone in key markets such as Japan and the USA, and is even more dominant in Europe and Greater China. Continue reading
Samsung’s stock slides as it cautions on outlook for smartphones
Samsung shares slid 0.6 per cent in early trading today [26th April 2013] after reporting its first quarterly profit drop for two years and revealing it was “cautious” about future prospects for smartphone sales.
The trading update also highlighted how the South Korean manufacturer is dependent on the sector, with its earning propped up largely by its mobile and IT division and which accounted for nearly three quarters of operating profit. Continue reading
Samsung’s Galaxy S4 launch ‘hit by supply problems’
Overwhelming demand blamed
South Korean giant Samsung has admitted it might have problems meeting demand for its new Galaxy S4 smartphone, due to be launched globally on Saturday, after two US mobile operators delayed their release dates. The S4′s launch has been widely anticipated, dubbed as it ‘the iPhone killer’ and backed up by an aggressive marketing campaign. But Lee Don-joo, head of Samsung’s marketing of mobile business, today [25th April 2013] revealed roll-out might be patchy. “We’ve received many more pre-orders than expected,” he told reporters, “so we are having difficulties in rapidly increasing supply in a short period.” Continue reading
Foxconn ratchets up Chinese assembly lines ahead of new ‘new iPhone’
Cheaper Apple phone could also be on way to counter Samsung range
Just four days after Foxconn revealed that it Q1 sales were a fifth lower due to weak demand for Apple’s iPhone, the Taiwanese manufacturer has resumed hiring assembly-line workers in China – prompting fierce speculation that the iPhone’s successor is on its way. Foxconn, listed as Hon Hai Precision Industry, today [April 15th 2013] revealed that since the end of last month it had added about 10,000 workers to its payroll in Zhengzhou, its major production facility for iPhones. Continue reading
Wolfson shares surge on news of Samsung deal
Korean giant takes up slack caused by loss of Apple contract
Shares in tiny Edinburgh firm Wolfson Microelectronics jumped a further 5 per cent in early trading today after news it had signed a deal with Samsung allowing its audio technology to be used in the Korean giant’s smartphones and tablets. The deal will see Samsung, the world’s biggest seller of smartphones, work with Wolfson as a “primary partner” to develop audio chips for devices including the soon to be released Galaxy S4, dubbed the iPhone killer. Today’s [April 12th 2013] rise in Wolfson’s shares follows a similar leap yesterday when they also soared by more than five per cent. Continue reading
HTC shares at record low as delays hit phone launch
First quarter profits for Taiwanese smartphone maker HTC have slumped to a record low, denting hopes it could reverse its declining fortunes.
The company cited problems in making camera components for its new HTC One device, with the delay pushing back its full launch to the end of this month.
That cost the manufacturer heavily as sales for the period fell to NT$42.8 billion ($1.4 billion), compared to forecasts of NT$50-NT$60 billion. Profits were also down to NT$85 million ($2.85 million). Continue reading
Samsung Q1 sales up more than half as smartphones catch on in emerging markets
South Korean giant Samsung Electronics is indicating that Q1 sales are likely to be stronger than expected, as it pushes deeper into emerging markets with lower-end smartphones.
Unlike arch rival Apple which offers a single high-end model, the iPhone, Samsung offers more than 30 covering virtually all segments of the smartphone market.
Analysts estimate that the electronics giant sold up to 70 million smartphones in the January-March period, up from 63 million the previous quarter, while Apple’s iPhone shipments are thought to have slid by nearly a third to around the 30 million mark. Continue reading
Samsung outflanks Apple with own retail outlets in 1,400 Best Buy stores
Comes as ‘iPhone killer’ Galaxy S4 is due to go on sale
Samsung has taken its battle with Apple to the US giant’s home turf, with news that it is to open ‘Experience Shops’ inside over 1,400 Best Buy and Best Buy Mobile locations across the States, starting next week. It means that, almost overnight, the South Korean manufacturer will have five times as many US outlets as Apple. The move also comes as Samsung is poised to launch its latest Galaxy S4 smartphone – dubbed the iPhone killer. Continue reading
Samsung shares edge higher after Apple award nearly halved
Jury failed to assess damages correctly
Samsung shares bounced back early today [Monday, 4th March 2013] following the decision by a US judge to almost halve the $1.05 billion award that Apple had won in its mobile patents battle with the South Korean giant. A new trial to reassess damages will now be set following Judge Lucy Koh’s decision to wipe out $450 million from the original verdict after ruling that jurors in the three-week trial had not properly adhered to her directions on how much Apple should be compensated Continue reading
Visa and Samsung in mobile money pact
Two biggest names in their fields come together
Visa and Samsung have joined forces in a bid to accelerate user adoption of mobile money along with the take-up of NFC ‘tap-and-pay’ technology. The Visa Samsung global alliance signals the first of its kind between a leading NFC handset manufacturer and payment organisation. Under the deal, Samsung will preload Visa’s pay Wave app on to its NFC smartphones, making it easier for consumers and financial institutions to link their new handsets to their bank accounts. Continue reading
New Samsung phones could usurp Nokia in BRIC countries
Will REX rule?
South Korean giant Samsung has unveiled scaled-down Java versions of its flagship Galaxy S3 handset, pitching the new REX range at emerging markets in a move that could undermine Nokia.
Last month Nokia reported a small profit for Q4 as phone sales increased from 2.9 million in the previous quarter to 4.4 million, suggesting [...]
