005930.KS - Samsung Electronics Co., Ltd.
| Previous Close | 46,100.00 |
| Open | 46,650.00 |
| Bid | 46,850.00 x 0 |
| Ask | 46,900.00 x 0 |
| Day's Range | 46,600.00 - 46,950.00 |
| 52 Week Range | 36,850.00 - 48,450.00 |
| Volume | 7,932,710 |
| Avg. Volume | 10,045,044 |
| Market Cap | 310.921T |
| Beta (3Y Monthly) | 1.16 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | Jul 31, 2019 |
| Forward Dividend & Yield | 1,416.00 (3.07%) |
| Ex-Dividend Date | 2019-03-28 |
| 1y Target Est | 54,903.00 |
- Bloomberg•5 days ago
Samsung Secures Emergency Supply of Key Materials, Yonhap Reports
Jul.14 -- Samsung Electronics Co. has secured emergency supplies of three key materials that Japan had cut off as part of its export restrictions, according to the Yonhap News Agency. Sohee Kim reports on "Bloomberg Daybreak: Asia."
- MarketWatch•5 hours ago
I treated my girlfriend to a vacation for paying off her car loan, but she still refuses to listen to my advice on spending money
THE MONEYIST Dear Moneyist, I work in finance and, even before working in the field, I had a strong interest in personal finance. I carry no debt and, while I know it can’t stay that way forever, I’m doing my best to maintain that for as long as I can.
- Reuters•yesterday
From beer to pens, S.Koreans boycott Japanese brands as diplomatic row intensifies
As soon as supermarket manager Cho Min-hyuk got to work the day after Tokyo imposed curbs on exports to South Korea, he pulled all Japanese products off the shelves. It was Cho's way of taking a stand against Japan in a quickly worsening political and economic dispute between the two east Asian neighbours.
- Bloomberg•2 days ago
Trade Wars Are Bad. Except for the Korean Stocks Up $1.5 Billion
(Bloomberg) -- Escalating tensions between South Korea and Japan have darkened the clouds overhanging the global economy. But they’ve brightened up a part of the stock market. South Korean suppliers of key materials for chipmakers have surged about 19% since Japan unveiled measures targeting its neighbor. The thinking is that these companies may win new business from key players including Samsung Electronics Co. and SK Hynix Inc.Eleven stocks considered as beneficiaries of the conflict have seen a combined $1.5 billion increase in market capitalization. Among the winners: Foosung Co., which makes hydrogen fluoride, and Soulbrain Co., which trades semiconductor-related chemicals.The bilateral dispute deepened almost three weeks ago, when Japan moved to restrict materials vital to South Korea’s all-important tech industry. The background is a long-running dispute between the neighbors over events dating back to Japan’s colonization of the Korean peninsula during the first half of the 20th century.Why Japan and South Korea Still Spar Over History: QuickTakeThere could be another twist to the tale, though. Rivals of Korean memory chipmakers may have a window to nab market share while Samsung and SK Hynix are trying to line up suppliers outside of Japan.“If the Korean producers face a prolonged supply constraint, this is an opportunity for their competitors,” said Casey McLean, an investment analyst at Fidelity International in Hong Kong. “Semiconductor companies are acutely aware that surety-of-supply is critical, with product cycles compressing and lead times shortening.”Another Winner?With only three main players in the DRAM chip market, analysts covering Micron Technology Inc. have raised their share-price targets on that company. New chips produced by Korean rivals may not enjoy a long testing period, potentially damaging their data center build-outs.McLean also questioned whether Samsung or SK Hynix would be able to maintain the quality of their products should they adopt non-Japanese suppliers. “Whilst there are some domestic suppliers for materials, they produce lower-purity products, which would impact memory yields,” he said. “This issue surely increases the desire for the Korean supply chain to localize, but it does raise the question why it has not already occurred.”SK Group Chairman Chey Tae-Won, who oversees SK Hynix, said the company can produce chips with materials from local suppliers, but “it is a matter of quality,” when asked why the firm hadn’t yet switched to domestic supplies. One of the materials, hydrogen fluoride, is lacking in “details” required for manufacturing chips, Chey said Thursday.Song Myung-sup, an analyst at HI Investment & Securities Co. in Seoul, is skeptical. Without a plan in place, no one knows how both Korean chipmakers can produce semiconductors with new materials from new suppliers.“There’s no data on domestic materials yet --- it is nonsense to talk about potential yields of chips made with local materials,” Song said. “The point is, if the trade spat with Japan is not resolved for a long term and supply of Korean chips is halted, everyone would face a significant catastrophe.”\--With assistance from Sohee Kim.To contact the reporters on this story: Heejin Kim in Seoul at hkim579@bloomberg.net;Matt Turner in Hong Kong at mturner107@bloomberg.netTo contact the editors responsible for this story: Lianting Tu at ltu4@bloomberg.net, Divya Balji, Christopher AnsteyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Reuters•2 days ago
Samsung asks partners to stockpile Japanese components: source
- Reuters•2 days ago
UPDATE 4-TSMC expects 5G to drive earnings, flags S.Korea-Japan spat as risk
Taiwan's TSMC forecast that robust demand for 5G chips will drive a stronger second-half even as it anticipates a dispute between Japan and South Korea involving chip-making materials to be a big source of uncertainty. Taiwan Semiconductor Manufacturing Co Ltd (TSMC) forecast third-quarter revenue to rise as much as 8.4% from a year earlier in U.S. dollar terms. TSMC, which makes modem chips for U.S. chipmaker Qualcomm Inc, is expected to see early gains from the shift to 5G as smartphone makers including Samsung Electronics Co Ltd and Huawei race to develop phones enabled with that technology.
- Financial Times•2 days ago
Toshiba Memory rebrands as Kioxia but embraces parent’s heritage
Toshiba’s spun-off memory chip business will shed the name of the 144-year old Japanese conglomerate as it prepares to navigate “a very uncertain environment” that has been escalated by the recent diplomatic ...
- Reuters•4 days ago
Samsung, SK Hynix ask Korean firm to boost chemicals supply amid Japanese curbs
South Korea's Samsung Electronics and SK Hynix have asked a local supplier to the boost supply of a key chipmaking chemical to guard against any production disruptions, an official at the supplier said on Tuesday. The move by the two chipmakers to secure supplies of hydrogen fluoride comes after Japan said earlier this month that it would tighten curbs on exports of high-tech materials used in smartphone displays and chips to South Korea, threatening to disrupt the global supply of microchips consumed by the likes of Apple Inc and Huawei Technologies Co.
- Financial Times•4 days ago
Memory chip prices soar as South Korea-Japan dispute escalates
Memory chip prices have soared over the past week as a diplomatic stand-off between Japan and South Korea has escalated, threatening global supplies of smartphone and computer components. The spot prices for dynamic random-access memory chips have spiked nearly 12 per cent since July 9, the biggest such jump since 2017, according to data from Bernstein, as fears build over Tokyo’s new export controls on materials critical to the manufacture of computer chips, South Korea’s biggest export. Tokyo’s restrictions meant that from July 4, the country’s exporters of fluorinated polyamide, photoresists and hydrogen fluoride etching gas — Japanese groups hold dominant market shares globally — had to get clearance for selling the materials to the world’s two biggest memory chipmakers, Samsung Electronics and SK Hynix.
- Bloomberg•4 days ago
How Britain’s Savviest Investors Are Beating Brexit
(Bloomberg Opinion) -- Since the U.K. decided more than three years ago to leave the European Union, the nation's savviest investors have succeeded by putting their money where Brexit matters least.Uncertainty about the date of Britain’s departure (now pushed back to Oct. 31) and the terms of the divorce has meant purging the U.K. from their holdings or limiting them to investments traditionally impervious to man-made and natural disasters. Over 38 months, British sterling depreciated 16 percent, the worst shrinkage for any similar period in 8 years. The pound remains the poorest performer in the actively-traded foreign exchange market and inferior to the No. 3 euro.Europe's strongest major economy in the 21st century became a shadow of its former self, reversing two decades preceding the June 23, 2016 referendum when the U.K. outperformed the European Union in growth and investment. London's stock and bond markets similarly languished as laggards to world benchmarks, after beating them consistently in the 20 years prior to the decision to leave the EU, according to data compiled by Bloomberg.“If I give myself some credit, I would say that we acted reasonably fast liquidating U.K. shares” in 2016, said Ben Rogoff, whose Polar Capital Technology Trust PLC has been the most consistent winner out of the 212 British global funds with at least 1 billion pounds this year and during the past three years. His team's 114 percent total return (income plus appreciation) was 22 percentage points better than the Dow Jones World Technology Index, mostly because 68% of the fund is invested in the U.S., two-thirds of that in California companies, according to data compiled by Bloomberg. “It's all about the Internet and where do you get exposed to the Internet? The U.S. and China,” Rogoff said last month during an interview at Bloomberg in London.While Rogoff reduced his holdings of three California tech powers during the past year — Cupertino-based Apple Inc., Menlo Park-based Facebook and Santa Clara-based Advanced Micro Devices — he acquired more shares in Hong Kong-based Tencent Holdings Ltd, Hangzhou-based Alibaba Group Holding Ltd, South Korea's Samsung Electronics Co. and Tokyo-based Yahoo Japan Corp., according to data compiled by Bloomberg.The 46-year-old graduate of St. Catherine's College, Oxford, became the lead manager of the trust in 2006, “and at that time,” he said, “the U.K. weighting might have been 5% to 10%, so if you had already been backing away to the door, it's a lot easier to escape than if you built a career around being an expert in U.K. equities.” Since the Brexit referendum, he said, “There's just been a complete buyers' strike of U.K. equities.”Proof of such disdain comes with the crisis this year at the LF Woodford Equity Income Fund, Britain's most-prized investment when it was launched by star money manager Neil Woodford in 2014. The celebrated stock picker became even more prominent with his contrarian bullish stance on Brexit. The fund plummeted 31% during the past two years by holding a combination of large and small U.K. companies and has frozen redemptions indefinitely.“It's symptomatic of a broader problem,” Bank of England Governor Mark Carney told reporters earlier this month. “Our sense is that the financial-stability risks are increasing.”One U.K. investor who’s successfully resisted the trend away from domestic stocks is Nick Train, who manages Finsbury Growth & Income Trust. It returned 61% the past three years — more than twice the FTSE All-Share Index benchmark — as the most consistent one- and three-year performer among the 129 U.K.-based funds investing mostly in domestic stocks or bonds, according to data compiled by Bloomberg. Unlike Woodford, who doubled down on the British economy writ large, Train, a 60-year-old graduate of Queen’s College, Oxford, dramatically increased his holdings in consumer staples. These are the companies that make such essentials as food, beverages and household goods and can resist business cycles because their products always are in demand.Train, who declined to be interviewed, increased the consumer staples weighting relative to the benchmark to 27% from 23% in 2015 and he enhanced his holdings of Deerfield, Illinois-based Mondelez International Inc., which manufactures and markets packaged food products, and London-based Diageo PLC, the world's largest producer of spirits and beer, according to data compiled by Bloomberg.That's likely to be a safe bet as no one is counting on the British economy rebounding significantly from near the bottom of the EU while the uncertainty created by Brexit persists. “If you take a long view, then this may well be a great time to be investing in U.K. equity,” said Rogoff. “Thankfully, I don't have to make that binary call because there are very few U.K. companies I'm frankly interested in.”\--With assistance from Shin Pei, Richard Dunsford-White, Kateryna Hrynchak and Suzy Waite.To contact the author of this story: Matthew A. Winkler at mwinkler@bloomberg.netTo contact the editor responsible for this story: Jonathan Landman at jlandman4@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Matthew A. Winkler is a Bloomberg Opinion columnist. He is the editor-in-chief emeritus of Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
- GuruFocus.com•5 days ago
David Herro Comments on Samsung Electronics
Guru stock highlight Continue reading...
- GuruFocus.com•5 days ago
David Herro's 2nd Quarter Oakmark Global Fund Letter
Discussion of markets and holdings Continue reading...
- Bloomberg•5 days ago
Samsung Scores Lifeline as It Navigates Japan Export Curbs
(Bloomberg) -- Samsung Electronics Co. has managed to secure an emergency supply of key materials to sustain its chip-making operations for the time being, averting short-term disruption from a Japanese ban of critical semiconductor and display components.That temporary lifeline didn’t represent a “fundamental solution,” a Samsung spokesman said Monday, confirming a report by Yonhap over the weekend. Jay Y. Lee, the corporation’s de facto leader, had convened a meeting on Saturday with top management and asked them to prepare contingency plans, he added. The Samsung vice chairman ordered them to prepare for various scenarios, for instance should Japan remove Korea from its so-called “white-list” of nations not deemed to present a risk of weapons proliferation, the spokesman said.Korea’s largest company is grappling with a spat between Japan and South Korea that risks upending the global technology supply chain. The government of Asia’s second largest economy this month slapped export restrictions on three materials that, while little-known outside of the industry, are profoundly important for electronics production. Samsung had less than a month’s worth of supply of the materials on average, people familiar told Bloomberg last week.Among the targeted materials are fluorinated polyimide, required for the production of flexible panels -- such as those used in Samsung’s Galaxy Fold -- among other things. Photo-resists are key to chipmaking, while hydrogen fluoride is needed for both chip and display production. It’s unclear how much of each Samsung had secured, and the spokesman didn’t elaborate. Samsung has been scrambling to find alternatives and one of the ways is to secure materials from Japanese suppliers’ overseas plants.Resurgent tensions between Japan and South Korea threaten to wallop chipmakers from Samsung to SK Hynix Inc., potentially smothering the production of memory chips and other components vital to widely used devices. That will in turn pressure an industry already struggling to come to grips with U.S.-Chinese trade tensions.Lee had visited Japan last week to meet senior officials from the country’s business sector. Samsung’s emergency supplies were secured through the company’s efforts, separate from his trip, the spokesman added.(Updates with details of the three materials from the second paragraph.)To contact the reporter on this story: Sohee Kim in Seoul at skim847@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Colum MurphyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Bloomberg•6 days ago
Samsung Secures Emergency Supply of Key Materials From Japan
(Bloomberg) -- Samsung Electronics Co. has secured emergency supplies of three key materials that Japan had cut off as part of its export restrictions, averting a crisis at the South Korean company’s production lines.Samsung Vice Chairman Jay Y. Lee shared the “outcome” of his Japan trip with the company’s management during a directors’ meeting he hosted on Saturday, Yonhap reported, citing unidentified people familiar with the financial situation. While it is unknown how Lee secured the additional inventory, or how big the emergency stock is, his procurement will help prevent a “grave manufacturing deadlock,” Yonhap said.A Samsung Electronics representative was not immediately available to comment.Lee visited Tokyo last week to try to find alternative sources for semiconductors in response to Japan’s export curbs against South Korea, the Korea Times reported. He planned meetings with Japan’s major banks and chipmakers during his trip, according to TV Asahi. The Japanese action has evolved from a historic dispute between the two countries to one affecting some business sectors.Source AlternativesWhile inventory levels differ across each material, Samsung has less than a month’s worth of supply on average, people familiar with the matter told Bloomberg last week. While trying to source alternatives, the company is bracing for potential production cuts, or even stoppages, should the situation persist, the people said.In the meeting with directors, Lee also ordered the company’s management to prepare a contingency plan in case the spat between Japan and South Korea leads to further trade restrictions, Yonhap cited another unidentified person as saying.Japan’s ruling Liberal Democratic Party senior member Koichi Hagiuda said on Sunday the “inappropriate incidents” that triggered Japan’s crackdown on certain exports to South Korea must have been serious. The inappropriate incidents included cases affecting Japan’s national security, Tetsuo Saito, a senior member of the Komeito Party in the ruling coalition party, said during the same debate.To contact the reporter on this story: Hooyeon Kim in Seoul at hkim592@bloomberg.netTo contact the editors responsible for this story: Shamim Adam at sadam2@bloomberg.net, Stanley JamesFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- TechCrunch•7 days ago
W(hy)TF are Japan and South Korea in a trade war?
No, like any Ice Bucket Challenge-worthy meme, others are getting in on the trade war bandwagon and making it their own. The two countries have slipped into their own trade war over the past few weeks, a conflict that now threatens the foundations of Japan’s supplier industry, Samsung Electronics, and global smartphone and computer shipments. If the U.S./China trade war emanates from the dark recesses of President Trump’s brain, then this new trade war emanates from the dark chapters of Japan and South Korea’s collective and sad history.
- Financial Times•7 days ago
Korea caught in the crossfire of trade and tech wars
South Korea, one of the world’s leading producers of semiconductors, has been caught in the crossfire of trade and tech wars. The payback is coming now, as trade friction, tech confrontation and a cyclical bottom in the semiconductor cycle exacerbate a collapse in the price of chips. The perfect storm will cause Korean exports to contract in 2019.
- Engadget•7 days ago
Samsung may develop foldable augmented reality glasses
Samsung is exploring the possibility of developing augmented reality glasses,based on one of its latest patent applications first spotted by PatentlyApple
- Bloomberg•8 days ago
Japan-South Korea Feud Heats Up Over Tokyo’s North Korea Claims
(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. The feud between Japan and South Korea worsened, as Seoul called for an international probe into Tokyo’s claims it allowed sensitive materials to end up in the hands of North Korea.South Korean President Moon Jae-in’s office proposed the investigation just as government officials sat down in Tokyo to discuss Japan’s introduction of tighter export controls that threaten to crimp the tech sector’s supplies of vital production materials.What Japan called an explanatory session ran well over its allotted time by several hours. The Japanese side explained the basis for its decision from Prime Minister Shinzo Abe’s government, and the South Korean side did not ask for the measures to be revoked, a Japanese official said.“It seems that Prime Minister Abe sees domestic value in igniting Korea-Japan tensions and little incentive to keep the relationship constructive,” said Mintaro Oba, a former U.S. diplomat who worked on Korean Peninsula issues. “Unless there is a cost to his public position or the U.S. alliance with Japan because of his actions, Abe will keep feeding the fire -- and South Korea may have to respond in kind as the Korean public reacts to Japan. There is tremendous potential for escalation here.”In a separate post-meeting briefing in Seoul, an industry ministry official said the South Korean counterparts were told that Japan “will remove” Korea from a so-called “white list” of countries to which it exports. Industry ministry director general Lee Hohyeon said South Korea called for additional talks by July 24, when the public comment period for possible removal ends.Japanese officials didn’t comment in their briefing on a decision being made to remove South Korea from the list of trusted export destinations treated as presenting no risk of weapons proliferation -- a move that Abe’s government has said it could make as soon as July 24.The scenes of somber officials from both sides meeting in a bare Japanese conference room were played on cable news loops in South Korea, where a poll earlier this week showed that two-thirds of adults planned to boycott goods from their neighbor. The tit-for-tat over export controls has escalated a long-simmering feud over whether Japan needs to further compensate Koreans who suffered under its 1910-45 occupation of the peninsula.‘A desperate measure’A Japanese official told Bloomberg News on Thursday that Tokyo had found a number of cases over the past three years of the materials being shipped to North Korea, China and Iran from South Korea. While Japanese officials including Abe have cited reexport concerns as their main reason for implementing the licensing requirements, they have so far stopped short of publicly identifying the recipient countries in question.China, Iran and North Korea are all American security rivals and subjects of Trump administration pressure campaigns, complicating any potential U.S. effort to broker a truce between two of its closest allies.Speculation that South Korea failed to abide by United Nations restrictions on trade with North Korea was “deeply regrettable,” President Moon Jae-in’s national security deputy Kim You-geun said in a televised briefing Friday in Seoul, adding the country wanted an investigation into both sides’ export controls. The move represents Moon’s most forceful effort yet to push back against a decision by Japan to implement export controls on production materials vital to South Korean companies such as Samsung Electronics Co.“If there are any findings of our government’s faults as a result of the investigation, our government will apologize and immediately make fixes,” said Kim. “However, if there is a result that the South Korean government made no mistakes, the Japanese government should not only make an apology, but also immediately withdraw the retaliatory measure of the export curbs.”Samsung Electronics shed about $13 billion in market value after the curbs were announced July 1, although it has since recovered somewhat as anxious memory-chip buyers move to stockpile supplies. South Korea’s benchmark Kospi index has fallen 2% this month, compared with a 1.9% increase in Japan’s Nikkei.Resolving the export issue is more difficult because it’s been entangled with a dispute over South Korean court rulings ordering the seizure of Japanese corporate assets to compensate Koreans forced to work in colonial-era factories and mines. Another expected court decision and a Japanese deadline on its request for arbitration on the matter next week could further heighten tensions.‘Difficult to resolve’Japan will release details on suspected illegal transfers once it can address intelligence concerns, said the Japanese official, who asked not to be identified discussing security information that hasn’t been publicly disclosed. While Abe has said the measures were not a means of retaliating over the historical dispute, the official said Moon’s efforts to undo agreements to resolve historical issues haven’t improved the relationship.The materials targeted by Japan are key to electronics productions. Within the tech sector, fluorinated polyimide is needed for the production of foldable panels, such as those used in Samsung’s Galaxy Fold. Photo-resists are essential for chipmaking, while hydrogen fluoride is needed for both chip and display production.On Wednesday, South Korea’s industry ministry said the country had previously disclosed 156 cases of illegal exports of “strategic” materials between 2015 and 2019, but that included no instances involving Japanese hydrogen fluoride. While some South Korean companies made unapproved transfers to Malaysia, United Arab Emirates and Vietnam, but no countries under United Nations sanctions, the ministry said.Oh Joon, a former South Korean ambassador to the United Nations, said the forced labor dispute complicated matters.“The issue of exports control related to North Korea is something that South Korea and Japan can overcome. It’s a technical issue,” Oh said. “If the two sides share enough information, the two countries could move on, but pouncing on this matter with the forced labor case only makes it difficult to resolve problems.”(Adds details from news briefings, analyst comment in fourth paragraph.)\--With assistance from Seyoon Kim, Shinhye Kang, Jon Herskovitz, Yuko Takeo and Emi Nobuhiro.To contact the reporters on this story: Isabel Reynolds in Tokyo at ireynolds1@bloomberg.net;Jenny Leonard in Washington at jleonard67@bloomberg.net;Sohee Kim in Seoul at skim847@bloomberg.netTo contact the editors responsible for this story: Brendan Scott at bscott66@bloomberg.net, Peter PaeFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Bloomberg•8 days ago
Apple Pays the Price to Stay at the Bleeding Edge
(Bloomberg Opinion) -- Apple Inc. looks like it may put down close to $1 billion just to keep its devices at the leading edge. Japan Display Inc., one of its key providers of screens, said Friday morning it would get up to $400 million from bailout partner Harvest Tech Investment Management Co. Nestled into its two-page stock exchange statement was the revelation that the funding includes $100 million already pledged by a customer.That customer is Apple, according to a Bloomberg News story published in late June. Taiwan’s TPK Holding Co., another long-time iPhone component supplier, had been in talks to join a $1.1 billion rescue package for Japan Display but pulled out. That left the company needing to look elsewhere, and Apple stepped in to help fill the void.This development comes a week after Apple’s main screen supplier, Samsung Electronics Co., made a cryptic reference to a “one-time gain related to the display business” in its preliminary second-quarter earnings statement. The U.S. company will pay as much as 1 trillion won ($850 million) to make up for a shortfall in purchases of organic light-emitting diode, or OLED, according to South Korea’s Electronics Times and analysts at Citigroup Global Markets. (Apple hadn’t replied to a request for comment by publication time Friday.)What’s interesting about both these cases is that neither of the payments appears to be for purchasing components directly. Rather, they are simply to prop up or compensate suppliers that Apple uses to manufacture the most advanced screens available. Samsung is among companies that preceded Apple in incorporating OLED displays in smartphones, yet the iPhone maker is the only one that buys them by the tens of millions. It relies on Samsung’s display division to make that happen. Apple probably locked in that supply by promising to buy a minimum amount, and it may have fallen short given recent weakness in iPhone growth. At the same time, the U.S. company desperately needs alternative sources to ensure it’s not beholden to any one supplier. That’s where a Japan Display bailout comes in. The Japanese company said its 20.4 billion yen ($188 million) operating loss in the March quarter was wider than the prior period “as a result of R&D expenses for preparation of OLED mass production.”Japan Display being able to make lots of OLED screens is great news for Apple – as long as it doesn’t go belly-up before that happens. Apple, therefore, has an incentive to keep the company afloat.With global smartphone brands running out of novel ways to spice up their offerings, it’s crucial for premium devices such as the iPhone to maintain technological leadership. In a downturn, Apple’s starting to find out the price of staying at the bleeding edge. To contact the author of this story: Tim Culpan at tculpan1@bloomberg.netTo contact the editor responsible for this story: Matthew Brooker at mbrooker1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
- Financial Times•9 days ago
S&P economist warns of fallout from Japan and South Korea dispute
Japan’s threat of export controls on South Korean chipmakers risks “large unintended consequences” on the technology supply chain, including for Japanese companies, a top Asia economist has warned. on exports of key materials used by South Korea’s semiconductor manufacturing giants, in a move aimed at forcing Seoul to change its position on compensation over wartime forced labour. Shaun Roache, chief Asia-Pacific economist at S&P Global Ratings, said Tokyo’s export controls were a sign that technology is increasingly being used as a “geopolitical tool” by governments who might not understand the economic cost of their actions.
Engadget•10 days agoGalaxy Note 10 image leaks spoil Samsung's party
So much for Samsung maintaining even the slightest bit of secrecy around the Galaxy Note 10 ahead of its August 7th debut . Both Ishan Agarwal (via MySmartPrice ) and WinFuture have obtained what look to be official press images for the regular Note 10 and its larger Note+ counterpart (shown above). As you might have suspected, the two phones appear to push the Galaxy S10's nearly-all-screen concept even further. The more rectangular design has virtually no bezel, and the only interruption is a hole-punch camera located at the top center of the display.
- Decrypt•2 days ago
Samsung unveils Galaxy tools for Ethereum developers
The release of tools for mobile dapp development, by the electronics giant, continues to favor Ethereum over other blockchains.
