Samsung could launch Android smartphone in India this year
Samsung India has announced that they are aiming to launch 13 more mobile phones this year in the Indian market.
The company had aimed to launch 40 new models in the current year and they are pretty close to achieving that mark.
Samsung India said in a [...]
Imagination Technologies gets more investments from Apple
Apple has further invested in U.K. chip company, Imagination Technologies.
Apple has now acquired another 2.2 million shares in the company for a total ownership of around 9.5%.
This latest investment was around 3.14 million pounds.
The company uses Imagination’s SGX GPU in their recently launched Apple iPhone 3GS smartphone device.
Sources say [...]
Samsung LED TVs now in India
South Korean consumer electronics giant Samsung has launched their LED TV range in India.
LED TVs are more efficient compared to LCD TVs.
These television models are however pretty expensive as they are priced between Rs 1.25 lakh and Rs 35 lakh.
Samsung has also launched some new models [...]
Vizio is now the second largest flat panel TV brand in USA
Market research firm iSuppli has revealed that LCD TV brand Vizio has overtaken Sony to become the second largest player in this segment of the market in the United States.
Samsung retains the top spot.
Taiwan based Amtran Technology is the manufacturer of Vizio [...]
Samsung Electronics posts its first ever quarterly loss
South Korean tech giant Samsung has now posted its first ever quarterly loss.
They are the latest tech company to have suffered a loss due to diving prices and slumping demand.
The company posted a fourth quarter operating loss of 937 billion won. This is double the figure expected [...]
Samsung Electronics reorganizes into two major divisions
Samsung Electronics has announced a major reorganization of the company structure.
Samsung would now function as two major divisions.
The company is merging its chip and LCD units. The other division would handle telecom and media units.
Samsung chief executive officer Lee Yoon-woo would look after the semiconductor and LCD [...]
Palm latest to cut jobs
Struggling smartphone maker Palm has revealed that they have fired some employees in order to cut costs.
The company did not reveal how many employees were let go.
Palm spokesperson said in a statement: “It’s generally the result of challenges facing the company and the industry, and better positions us to [...]
Samsung profits down massively
South Korean tech giant Samsung has come out with their latest revenue report and the company has posted a sharp drop in their profits.
The company reported that their third-quarter net profit fell 44%.
This is largely due to rising costs of operations and the weakening global economy.
The company said that it earned [...]
Samsung no longer interested in SanDisk
South Korean tech giant Samsung has announced that they are now taking back their bid for SanDisk.
They had announced an acquisition offer worth $5.85 billion.
SanDisk had refused the offer stating that it was too low.
Samsung said that they are taking back the bid considering SanDisk is losing its [...]
Nokia posts declining profits as market more competitive
Nokia is facing intense competition from Apple in the US and European markets.
The company has come out with their latest revenue report and they have posted a declining profit scenario.
Their third-quarter profit fell 30 percent as Research in Motion and Samsung are gaining momentum in markets around the [...]
