|Bid||43,850.00 x 0|
|Ask||43,900.00 x 0|
|Day's Range||43,300.00 - 44,150.00|
|52 Week Range||36,850.00 - 48,500.00|
|Beta (3Y Monthly)||1.11|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1,770.00 (4.16%)|
|1y Target Est||N/A|
AT&T has cancelled early orders for the Samsung Galaxy Fold. Tom's Guide first reported the cancellation, noting that AT&T said the Galaxy Fold would be available again to order as soon as Samsung announces a new launch date. The Samsung Galaxy Fold was originally scheduled to launch on April 26.
AT&T held on to people's Galaxy Fold pre-orders even after Best Buy cancelled reservations back in May. Now that it's been almost a couple of months since Samsung's foldable device was supposed to come out, though, the carrier has decided that it's time to void pre-orders, as well. According to Tom's Guide , AT&T has sent out emails telling customers that their foldable phone pre-purchases have been cancelled. "Unfortunately," the letter reads, "Samsung delayed the release of the Fold, which means we can't ship your phone." The AT&T customers affected by the cancellation will receive a $100 promotion card and will be able to place another order once Samsung has a final release date.
Samsung's 146-inch The Wall TV? Appropriately, Samsung is hyping up the use of its Ambient Mode to decorate your space with art when you're not using the TV. Samsung hasn't detailed the pricing as we write this, but let's be honest -- if you need to ask, you're probably not the target audience for this behemoth.
Knowles Corp, a major supplier of microphones to Apple's iPhone and many other smart devices, on Tuesday released a new chip that will allow battery-powered wireless headphones to respond to Amazon's Alexa voice assistant by saying the assistant's name. Previously, users of most Alexa-enabled headphones have had to press a button on the side of the headphones to awaken the assistant. Consumers have become accustomed to calling out names for popular voice assistants, such as Amazon.com Inc's Alexa, Apple Inc's Siri or Google Inc's Google Assistant.
The top lieutenant of Samsung heir Lee Jae-yong has been questioned by prosecutors in Seoul as a spiralling probe into a suspected cover-up of an alleged $3.9bn accounting fraud at a group affiliate threatens to implicate the company’s most senior executives. Chung Hyun-ho, president of Samsung Electronics, was summoned for questioning on Tuesday over his suspected role in covering up the alleged 2015 fraud, state news agency Yonhap reported. Samsung, which has previously denied claims of accounting fraud, declined to comment.
Samsung Pay is a mobile payment and digital wallet application released originally in South Korea in 2015, supporting contactless payments and near-field communications, along with magnetic secure transmission to support magnetic stripe-only payment terminals. Samsung acquired LoopPay, which was a crowdfunded startup company, in February 2015. Before Samsung Pay, Google introduced Android Pay - now Google Pay - the same year.
Vingroup JSC, Vietnam's biggest listed firm by market value, said on Monday it has started work on a second smartphone factory with a capacity to produce 125 million units a year. The new factory in the capital, Hanoi, will vastly increase Vingroup's current capacity of five million units at its facility in the northern city of Haiphong, the conglomerate said in a statement. Construction is expected to be completed by early 2020 and the jump in capacity will help the company meet orders from Europe and the United States, Vingroup CEO Nguyen Viet Quang said in the statement.
China summoned global technology companies for talks last week following last month's U.S. ban on selling technology to China's Huawei Technologies Co Ltd , two people familiar with the matter told Reuters on Sunday. The blacklisting of Huawei, the world's largest maker of telecoms network equipment, bars U.S. companies from supplying it with many goods and services due to what Washington said were national security issues, a potentially crippling blow that sharply escalated U.S.-China trade tensions. Soon afterwards, Beijing announced it would release its own list of "unreliable" foreign entities.
A Samsung Electronics executive was arrested overnight on allegations of ordering destruction of evidence related to a suspected accounting fraud at a Samsung affiliate. The executive, who was arrested ...
Samsung Electronics is cutting production and laying off workers at its only remaining smartphone plant in China amid slowing sales as it continues to shift production to lower-cost Asia locations. to compete against Chinese rivals offering cheaper but competitive smartphones. has been shifting smartphone production from China to Vietnam and India in the past decade.
“This is the first time that we’re finally on a path to getting the clarity we so desperately need as an industry to be able to continue to innovate and build,” Kik chief executive Ted Livingston said in a statement. Let's be clear, the SEC is not accusing Kik of fraud here. It details its attempt to “pivot” to a new kind of business, financed by the ICO, as the popularity of its app faded and its money began to run out in 2017.
The legal tussle between GOQii, a seller of smartwatch-type health devices, and Walmart's Flipkart unit, comes just months after India imposed stricter rules for foreign investment in e-commerce that were aimed at deterring such sharp discounts. GOQii sued Flipkart last month in a Mumbai court, alleging its devices were discounted by around 70% to the retail price, much more than the two sides had agreed to, legal documents related to the case showed.
It’s been less than three weeks since President Donald Trump restricted the Chinese tech giant’s access to Google’s Android operating system and already, Huawei’s smartphone business appears to be losing ground in Europe, a critical growth market. Consumer fear that Huawei phones will quickly become out of date has meant demand for its devices has “dropped off a cliff,” Ben Stanton, a U.K.-based analyst at Canalys, said by phone, citing discussions with phone carriers, retailers and distributors.
Advanced Micro Devices and Samsung Electronics on Monday announced a multiyear partnership in ultralow power, high-performance mobile graphics chips based on AMD Radeon technologies.
The agreement, which is limited to mobile devices where AMD hasn’t supplied chips, will be worth hundreds of millions of dollars in licensing revenue to the U.S. chipmaker. Samsung gets access to the designs of one of the top two makers of graphics chips used in PCs, technology that could elevate the performance of its devices.
Shares of Advanced Micro Devices Inc. are up more than 5% in premarket trading Monday after the company announced a multi-year strategic partnership with Samsung Electronics Co. Ltd. . Through the partnership, which is focused on low-power, high-performance mobile graphics, Samsung will license AMD's intellectual property in graphics as it works toward enhancing mobile applications and smartphones. AMD will receive license fees and royalties as a result of this arrangement. The stock has risen 48% so far this year, as the S&P 500 has gained 10%.
SEOUL, South Korea (AP) — Samsung Electronics' Vice Chairman Lee Jae-yong has vowed to keep up robust investments in key businesses as South Korea's leading company weathers slowing demand and the impact of trade clashes between Washington and Beijing.
(Bloomberg Opinion) -- With President Donald Trump busy threatening tariffs on Mexico, you’d be forgiven for missing the emergency flares from the other side of the Pacific.
Huawei Technologies unveiled an open lab for next-generation 5G wireless network in South Korea on Thursday, but kept the launch low-key given its recent blacklisting by the United States, a key security ally of the Asian nation. "Based on the philosophy of "In Korea and for Korea" and the strength of its own 5G network, Huawei will build a 5G ecosystem through cooperation with a number of South Korean ICT companies and especially small-and-medium enterprises," Huawei's Korea office said in a statement. The event was, however, overshadowed by the U.S. decision earlier this month to ban American tech and telecom firms from doing business with Huawei.
Chinese telecommunications giant Huawei s enduring significant controversy in the U.S. Recently, the Commerce Department blacklisted Huwaei, barring the company from buying chips from several major U.S. semiconductor companies. Additionally, Alphabet Inc. (NASDAQ: GOOG) suspended its relationship with Huawei, meaning the Chinese company, one of the world's largest smartphone makers, does not have access to the Alphabet's Android operating system. Huwaei's woes open the door for competitors, namely Samsung, to steal market share.
Samsung Electronics aims to double its online smartphone sales in India this year to $1 billion, driven largely by a new budget range of devices, the head of its mobile business for the country said on Wednesday. Smartphones and fashion are among the most popular purchases in India's fast-growing e-commerce market, which Deloitte expects to more than treble between 2017 and 2021 to $84 billion. The South Korean tech giant in February launched its M-series phones in India, which are sold only through Samsung's website and Amazon.com's local unit.