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Tag: samsung
Samsung Q2 results up on growth in high-end smartphones
2016-07-28 08:18:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics reported a strong increase in second-quarter results, led by the success of its high-end smartphones, and said it expects demand to improve further in the second half of the year. In line with its preliminary report, Samsung said sales rose 5 percent year-on-year to KRW 50.94 trillion, and operating profit was up to KRW 8.14 trillion from KRW 6.90 trillion a year ago. Net profit increased to KRW 5.85 trillion from KRW 5.75 trillion. Sales growth was strongest at its semiconductor division, up 6 percent to KRW 12.00 trillion, while mobile remained the largest division, up 2 percent to KRW 26.07 trillion. Consumer electronics sales also rose 3 percent, to KRW 11.55 trillion on demand for UHD and large-screen TVs, and the division showed a sharp improvement in operating profit, to KRW 1.03 trillion from KRW 0.21 trillion a year ago. Operating profit at the mobile division jumped to KRW 4.32 trillion from KRW 2.76 trillion a year ago, while profits from semiconductors were lower year-on-year.
Tags: results
growth
samsung
smartphones
Samsung profits boosted by smartphone sales
2016-07-28 02:31:34| BBC News | Business | UK Edition
Strong smartphone sales help Samsung Electronics post its best quarterly results in more than two years.
Tags: sales
samsung
profits
smartphone
AMD has built hardware at Samsung, could tap foundry for future products
2016-07-27 20:45:14| Extremetech
AMD has confirmed that it has built hardware at Samsung's foundries and has the option to utilize Samsung's 14nm in the future. It's an important move towards securing a stable manufacturing option across the industry as next-generation nodes are ever-harder to target.
Tags: products
future
hardware
built
Samsung files patent infringement suit against Huawei
2016-07-22 08:40:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics has filed a lawsuit against Huawei Technologies in China, accusing the Chinese firm of infringing on Samsung's six patents related to mobile phones and digital images. The move is seen as a countermeasure against Huawei after the Chinese electronics firm sued Samsung in May in the US and China over patent infringements, reports Yonhap news agency. In a statement issued in Korea, Samsung criticized Huawei's smartphones and tablets for infringing on its patents for mobile communications technology, data storage for images and others. Samsung also accused Huawei of filing "irrational" patent suits against it.
Tags: files
samsung
suit
patent
Samsung shares fall after it sues Huawei over patents
2016-07-22 03:47:22| BBC News | Business | UK Edition
Shares of Samsung Electronics are falling after the firm sues smartphone rival Huawei in multiple courts in China over alleged patent infringement.
Tags: over
fall
samsung
shares
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