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 [...]
Samsung Electronics post impressive results
Samsung Electronics has posted impressive results. The company gained from improved sales of their LCD Panels and Mobile Devices.
The company’s net profit improved 37 percent compared to the same period last year. The sales were up 19 percent.
Market analysts said that this performance is especially good considering the weak prices for [...]
Samsung to expand into Printer, Laptop Markets
South Korean tech giant Samsung Electronics has said that they are now aiming to become a larger player in the Printer and Laptop market.
The company is already a dominating force in the computer monitor industry.
Jongwoo Park, president of Samsung’s digital media business said in a statement: “Our mission is [...]
IBM and Toshiba to work on next generation chip technology
Toshiba has announced that they are now joining a group headed by IBM to develop system chips using 32-nanometre circuitry.
The group includes other big names including Advanced Micro Devices, Samsung Electronics, Chartered Semiconductor Manufacturing, Infineon Technologies and Freescale Semiconductor.
Incidentally, Toshiba is also separately working with NEC [...]
Google rumored to come out with a mobile strategy on Monday
Market sources suggest that a big announcement is expected to come from the search engine industry giant Google.
The company is rumored to come out with a mobile strategy that might include the announcement of a mobile operating system.
Rumors in the market have been high related [...]
