Samsung, the South Korean tech giant, has reported its lowest operating profit in 14 years for the April to June quarter. The decline is attributed to the ongoing downturn in the memory chip market. While the precise details are yet to be disclosed, analysts expect the chip division’s poor performance to be the primary cause.
Samsung and Wind River collaborate on automotive-focused Exynos Auto V920 chips, promising seamless over-the-air updates and multi-OS compatibility for connected, autonomous, and electric vehicles. A potential game-changer in software-defined car industry, raising both excitement and debate.
In late July, Samsung Electronics experienced a cybersecurity incident that resulted in the exposure of personal data of some American customers. The business said it discovered the data breach on August 4. Samsung claims that the customers’ social security numbers and credit card numbers were unaffected, but information such as names, contact information, demographic information, date of birth, and product registration information was compromised. Samsung has already issued a warning to impacted consumers to be on the lookout for phishing emails that attempt to obtain additional personal data. These emails may be used for identity theft or to deceive recipients into installing malware on their computers. The business did not, however, address how many consumers were impacted or why it took Samsung more than a month to alert customers regarding this breach, which was reported only hours before a Labor Day weekend in the United States. …
Samsung Electronics has named its newly merged mobile phone and home appliance business the DX (Device eXperience) Division, representing the company’s focus on consumer demand in a range of electronics, as well as its continuous commitment to provide consumers with innovative and meaningful experiences. The organization will focus on offering exceptional customer experiences by providing services and solutions that match the demands of users, as well as a diverse variety of products ranging from TVs and appliances to smartphones and network equipment. The company hopes to improve synergies across numerous industries and generate distinctive goods and services through the DX Division. This new division, led by Vice Chairman and CEO Han Jong-Hee, will include the Visual Display Business, Digital Appliances Business, Health and Medical Equipment Business, MX Business and Networks Business. The renaming reflects the company’s increased global leadership and longer-term future-oriented corporate structure. In keeping with…
The South Korean tech giant Samsung has announced that it has signed a contract to supply network equipment to Verizon in the US. Samsung and Verizon’s wireless telecommunications solutions contract is worth about $ 6.6 billion according to information released on Monday, ensuring a great triumph for the South Korean seller against established competitors. Samsung Networks will supply network equipment and solutions, including 5G, to their American partner for the next five years, until December 2025. This new contract with Verizon is the largest that Samsung has ever received in its history. Samsung’s network business was one of the first to offer 5G network equipment to South Korean telecommunications companies when they launched their 5G networks in 2019. “We are pleased to expand our long-standing partnership with Verizon to advance their next-generation network evolution. With this latest long-term strategic contract, we will continue to push the boundaries of…
The South Korean tech giant, Samsung Electronics, has announced an effective demonstration of what it terms the world’s first video call on the Amazon Web Services (AWS) cloud platform using Mission Critical Push-to-Talk, Data and Video (MCPTX, also known as Mission Critical Communications), the communications functionality designed specifically for first responders. Based on 3GPP Release 14 specifications, this implementation was enabled by the successful onboarding, integration and deployment on AWS cloud. Wonil Roh, Senior Vice President and Head of Product Strategy, Networks Business at Samsung Electronics, said, “This demonstration showcases how Samsung’s Mission Critical Communications solutions can manage public crises and be readily deployed on public cloud platforms. It also enables us to learn and adapt to the evolving needs of service providers and end-users alike. This brings a new level of broad coverage, scalability and reliability to mission critical service deployments, and we look forward to continuing our journey…
Samsung Electronics has completed an agreement to acquire network services provider TeleWorld Solutions (TWS). Headquartered in Chantilly, Virginia, TWS provides network design, testing and optimization services to mobile service and cable operators, equipment OEMs and other companies in the United States. This acquisition is expected to help Samsung address the need for end-to-end support in delivering network solutions aimed at upgrading the 5G and 4G LTE networks, and providing connectivity service advancements in the US. Paul Kyungwhoon Cheun, Executive Vice President and Head of Networks Business at Samsung Electronics, said, “The acquisition of TWS will enable us to meet mobile carriers’ growing needs for improving their 4G and 5G networks, and eventually create new opportunities to enhance our service capabilities to our customers. Samsung will continue to drive innovation in communications technology, while providing optimization services for network deployments that accelerate US 5G network expansion.” Under the agreement,…
Samsung Electronics has officially revealed the first 5G smartphone in its mid-range Galaxy A series. The announcement comes just a few weeks after launching the company’s flagship Galaxy S10 5G and Galaxy Note 10 5G devices. The new Galaxy A90 with 5G connectivity offers near flagship-grade hardware and includes some impressive features like Samsung DeX support, “Desktop Experience” software for mirroring the phone’s screen and apps on a PC or TV, and Game Booster for enhanced gaming performance. DJ Koh, President and CEO of IT and Mobile Communications Division at Samsung Electronics, said, “We’re excited about the success of the Galaxy A Series – a generation of smartphones built for the new Era of Live that focuses on essential features people want the most, including a high-quality camera, long-lasting battery and immersive display. Samsung has worked tirelessly with our partners in the 5G ecosystem to bring 5G to as…
The global race for future technologies has accelerated even further, with the South Korean wireless carrier SK Telecom announcing that it is joining forces with network hardware providers Ericsson, Nokia and Samsung Electronics to carry out collaborative research and development projects to pave the way for 6G mobile network technologies. The partnership will also help to upgrade the already-advanced 5G technology, and expand its adoption in other areas, including self-driving cars and in-built solutions. Park Jin-Hyo, Chief technology officer and Head of ICT R&D Center of SK Telecom, said, “Through strengthened cooperation with Ericsson, Nokia and Samsung Electronics, SK Telecom will be able to secure the world’s best 5G quality and lead the way towards 6G mobile network communications.” In accordance with the terms of the signed memorandums of understanding (MOUs), SK Telecom will work closely with each company to promote the advancement of 5G network technologies. They…
Samsung Electronics is striving to remain at the forefront of technological innovations and is challenging the boundaries by making more powerful smartphone cameras – the company has introduced two new 0.8-micrometer (μm) pixel image sensors, the 64-megapixel (MP) Samsung Isocell Bright GW1 and 48 MP Isocell Bright GM2. These image sensors will expand Samsung’s 0.8μm image sensor lineup from the existing 20 MP to ultra-high 64 MP resolutions, thus bringing new standards of photography to smartphones. Yongin Park, executive vice president of the sensor business at Samsung Electronics, said: “Over the past few years, mobile phone cameras have become the main instrument for recording and sharing our everyday moments. With more pixels and advanced pixel technologies, Samsung Isocell Bright GW1 and GM2 will bring a new level of photography to today’s sleekest mobile devices that will enhance and help change the way we record our daily lives.” The…
