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Tag: samsung
Ericsson warns for lower royalties income from Q1, files suit against Samsung
2020-12-11 10:56:00| Telecompaper Headlines
(Telecompaper) Ericsson has filed a lawsuit against Samsung after the companies failed to agree new terms for patent licensing. Ericsson warned that problems renewing licensing deals and weaker royalties in the handset market may reduce its operating profit by SEK 1 billion or more from the first quarter of 2021.
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Highest ever Samsung Smart TV sales in 3Q 2020
2020-12-01 15:30:28| Digital TV News
Samsung sold 11.8 million smart TVs worldwide in Q3 2020. The global market for connected TV devices as a whole (including smart TVs, media streamers and games consoles) reached 81.3 million units in Q3, up 19% year-on-year.
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Samsung forecasts slower Q4 after smartphones drive jump in Q3 results
2020-10-29 08:33:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics reported a strong increase in third-quarter results, led by a 50 percent sequential increase in mobile phone sales. While demand recovered in Q3 from the Covid-19 effects earlier in the year, Samsung said it expects profit to fall in Q4, amid weakening memory chip demand from server customers and intensifying competition in mobile phones and consumer electronics.
Tags: results
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Samsung sees sales surge from rival Huawei's ban
2020-10-29 03:39:17| BBC News | Business | UK Edition
The tech giant's business was likely boosted by US sanctions against its Chinese rival Huawei.
Samsung shares rise on hopes of a shake-up after death of chairman
2020-10-26 10:21:03| BBC News | Business | UK Edition
There is speculation that the heirs of chairman Lee Kun-hee might sell assets to meet a huge tax bill.
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