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Samsung, Intel, Dell team on IoT connectivity standards
2014-07-08 12:52:06| InfoWorld: Top News
Some top hardware companies have established a new Internet of things consortium to create standards so that billions of devices can connect to each other. Intel, Samsung, and Dell are among the founding members of Open Interconnect Consortium (OIC), which later this year will deliver the first of many specifications for hassle-free data flow between devices, regardless of the OS, device type or wireless communication technology.
Tags: team
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samsung
Samsung smart home becomes reality, set to transform everyday life
2014-07-08 12:13:57| Semiconductors - Topix.net
Samsung Electronics Co., Ltd. announced the official global launch of its Samsung Smart Home service.
Samsung Q2 sales fall short of expectations
2014-07-08 08:50:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics reported revenues down to KRW 52 trillion for the second quarter, from KRW 54 trillion a year ago, hurt by a slowdown in demand for smartphones and tablets and the stronger won. Operating profit dropped 24 percent from a year earlier to KRW 7.2 trillion, according to the preliminary figures. Samsung said it stepped up marketing in order clear excess inventory in sales channels ahead of planned new product launches in the third quarter. Inventory was especially high for mid-range and low-end devices, due to increased competition in China and Europe, the company said. The Chinese market was also hurt by weak seasonal demand and reduced 3G demand ahead of the expected expansion of LTE during the second half of the year. Tablet shipments were also less than expected, with Samsung noting the lack of carrier subsidies for the devices meant a slower replacement cycle. The demand for 5-6 inch smartphones also cannibalized demand for 7-8 inch tablets, the company said. The weak demand for smartphones also affected Samsung's System LSI and display businesses, which provide components for the mobile devices. Samsung said it expects smartphone shipments to pick up in Q3, helped by new product launches. This should also increase display panel shipments, and the memory division should benefit from more favorable seasonal conditions.
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Samsung earnings hit by slowing China sales
2014-07-08 07:27:09| Electronics - Topix.net
Samsung Electronics Co. said operating profit declined to a two-year low in the second quarter, hit by the strong local currency and slowing demand for smartphones in China.
Samsung earnings hit by slowing China sales
2014-07-08 06:59:25| Semiconductors - Topix.net
Samsung Electronics Co. said operating profit declined to a two-year low in the second quarter, hit by the strong local currency and slowing demand for smartphones in China.
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