|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||40,850.00 - 41,400.00|
|52 Week Range||40,400.00 - 54,140.00|
|Beta (3Y Monthly)||1.06|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan 29, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||1,416.00 (3.22%)|
|1y Target Est||59,197.00|
SEOUL—Samsung Electronics Co. is replacing the head of its unit that provides next-generation 5G equipment, according to people familiar with the matter, a shake-up atop a key business looking to rapidly grow sales as global pushback builds against market leader Huawei Technologies Co. Kim Young-ky, president of Samsung’s networks business, will step down and assume an adviser role at the company, the people said. A strong contender under consideration is Cheun Kyung-whoon, a networks executive vice president, who has worked on the company’s 5G research and development, the people said.
A sketch on the back of a napkin captured the moment when the global telecoms market opened up to Huawei. Ben Verwaayen, the former chief executive of BT, drew the sketch to illustrate how he wanted to transform the UK’s telecoms network, changing it from an antiquated analogue system to a digital one capable of routing data at speed, one that could even carry television signals. In April 2005, Huawei won a contract to provide devices that aggregate customer lines and connect them to the main part of the network.
WASHINGTON/OTTAWA (Reuters) - President Donald Trump did not know about plans to arrest a top executive at Chinese telecoms giant Huawei in Canada, two U.S. officials said on Thursday, in an apparent attempt to stop the incident from impeding crucial trade talks with Beijing. Huawei Technologies Co Ltd's [HWT.UL] chief financial officer, Meng Wanzhou, the 46-year-old daughter of the company's founder, was detained in Canada on Dec. 1, the same day Trump and Chinese President Xi Jinping dined together at the G20 summit in Buenos Aires.
BEIJING (AP) — China on Thursday demanded that Canada release an executive of Chinese tech giant Huawei who was arrested in a case that compounds tensions with the U.S. and threatens to complicate trade talks.
Apple (AAPL) ventured into selling wearable devices such as smartwatches to diversify its hardware business beyond the mature markets for smartphones and personal computers. Xiaomi shipped 6.9 million wearables, representing a 21.5% share of the global market. Some 32 million wearable devices were shipped globally in the third quarter, showing that the wearables market had expanded 21.7% YoY in the period.
VANCOUVER/BEIJING (Reuters) - The daughter of Huawei's founder, a top executive at the Chinese technology giant, was arrested in Canada and faces extradition to the United States, stirring up fears it could reignite a Sino-U.S. trade row and roiling global stock markets. The arrest of Meng Wanzhou, 46, who is Huawei Technologies Co Ltd's chief financial officer, threatens to drive a wedge between the United States and China just days after they agreed a 90-day trade war truce in Argentina on Saturday - the day she was detained. Meng's arrest, revealed late on Wednesday by Canadian authorities, is related to U.S. sanctions, a person familiar with the matter said.
Advanced Micro Devices (AMD) launched its Polaris-refreshed Radeon 590 GPU (graphics processing unit) on November 21 to tap the gaming market. The launch comes at a time when the channel is facing excess midrange GPU inventory and rival NVIDIA (NVDA) has halted shipments of its midrange GPUs to give the channel time to clear excess inventory. As AMD has failed to beat NVIDIA in the high-end gaming GPU segment, it is looking to increase its share in the midrange GPU segment.
Huawei’s unrelenting rise to global dominance in the telecoms equipment market has presented the Chinese company with many challenges — including persuading consumers to pronounce its name “wah-way”, not “who-are-we”. , the company’s chief financial officer, on Saturday has sent shockwaves through the ranks of the telecoms group, where insiders see the move as a personal attack on Ren Zhengfei, the company’s founder and Ms Meng’s father. Mr Ren founded Huawei in 1987, working out of his flat in Shenzhen and selling landline equipment imported from Hong Kong to mainland China.
No, manufacturers still haven't stopped using DSLR photos to fake phone camera shots. Photographer Dunja Djudjic has discovered that Samsung Malaysia bought one of her DSLR self-portraits through Getty and used a heavily edited version of it to advertise the portrait mode on the Galaxy A8 Star. The image use is thankfully legal, but Samsung's marketing implies this is a real photo from the phone -- and it doesn't even reflect the original photo.
Samsung's Malaysian arm has some explaining to do. The company, in an effort to show off the Galaxy A8 Star's amazing photo retouching abilities, used a cleverly-shot portrait, modified it, and then ostensibly passed it off as one taken by the A8. The trouble began when Serbian photographer Dunja Djudjic noticed someone had bought one of her photos from a service called EyeEm that supplies pictures to , a renowned photo reseller.
According to the IDC, global shipments of wearable devices in the third quarter rose 21.7% year-over-year to 32 million units. The wearable market growth was driven by the launch of new products from Garmin (GRMN), Fitbit (FIT), and China’s (FXI) Huawei. The demand from emerging markets in the Asia-Pacific region rose over 21%.
South Korea's Samsung has extended its sponsorship contract with the International Olympic Committee by eight years and will remain a top sponsor until the 2028 Los Angeles Games, the world governing body said on Tuesday. Samsung, who first signed up as a top sponsor with the IOC in 1998 and was a local sponsor at the 1988 Seoul Olympics as well, will support all Games up until and including the Los Angeles summer Olympics. "I am delighted that we will be building on two decades of partnership with Samsung for another 10 years," said IOC President Thomas Bach at the signing ceremony in Seoul.
and Samsung Electronics Co. have partnered to make a 5G smartphone they plan to roll out in the first half of 2019. , which saw its stock rise 3.49% to $184.82 on Monday after getting a boost from the positive meeting over the weekend between Donald Trump and Chinese President Xi Jinping, won't roll out its 5G phone until 2020. Any concerns that may arise from a 5G delay from Apple were clearly offset by word that tariff duties on Apple devices coming into the U.S. from China won't get worse in the near future.
The two companies said in a statement they would unveil a prototype, using Qualcomm Inc's modem chips, at the chipmaker's annual Snapdragon Technology Summit in Maui, Hawaii this week. While Verizon is leading the charge to trial 5G in some cities next year, industry analysts say the higher-speed networks are unlikely to be widely available until the middle of the next decade. Apple is engaged in a legal battle with Qualcomm that has led it to stop using its modem chips, and the Cupertino, California company is widely expected instead to use Intel modems, which will not be ready for production until late 2019.
Verizon Communications Inc and Samsung Electronics Co Ltd on Monday confirmed long-held industry expectations they would seek to steal a march on Apple Inc by launching U.S. 5G smartphones in the first half of 2019. The two companies said in a statement they would unveil a prototype, using Qualcomm Inc's modem chips, at the chipmaker's annual Snapdragon Technology Summit in Maui, Hawaii this week. While Verizon is leading the charge to trial 5G in some cities next year, industry analysts say the higher-speed networks are unlikely to be widely available until the middle of the next decade.
fell 4.3% to $57.70 on Monday after JPMorgan Chase downgraded the telecommunications giant to neutral from overweight. JPMorgan analyst Philip Cusick wrote that while he likes Verizon's "consistent and improving execution," the combination of a new management team and reporting lines with the stock's 17% year-to-date increase make the risk/reward less compelling than peers AT&T Inc. Verizon Communications closed up 1.43% to $60.30 on Friday.
As with 3G and 4G, the two previous generations of mobile technology, Apple will wait as long as a year after the initial deployment of the new networks before its main product gets the capability to access them, said the people, who asked not to be identified discussing the company’s plans. Apple’s previous calculations -- proven correct -- were that the new networks and the first versions of rival smartphones would come with problems such as spotty coverage, making consumers less compelled to immediately make the jump. This time, 5G boosters argue the switch is a much bigger speed upgrade, making Apple’s decision to wait riskier.
Vingroup, Vietnam' biggest listed firm by market value, will launch its first smartphones on Dec. 14, as part of its transformation into a technology and industrial group. Once a real estate and retail focused conglomerate, Vingroup said on Monday it will launch four models of smartphones under the brand name 'Vsmart'.
One of the hottest high-tech gift categories this year is smartwatches, while fitness trackers remain popular for those who want to keep track of their activity — but not necessarily wear a mini computer on their wrist. Apple (NASDAQ:AAPL) continues to dominate the smartwatch category, while Fitbit (NYSE:FIT) remains king of the hill for fitness trackers (at least in North America). What is the best smartwatch you can buy today.
Previously, we saw that Advanced Micro Devices (AMD) is driving earnings growth with the help of strong product implementation. In the past, it lost market share to rivals due to poor product implementation. In 2017, AMD made a comeback with competitive 14nm (nanometer) CPUs (central processing unit) and GPUs (graphics processing unit) for PCs and data center.
South Korea's bourse operator said it will begin a formal review on whether to delist shares of Samsung BioLogics over alleged violation of accounting rules. Once the formal review begins, the bourse plans to decide by the end of December whether the company will be delisted or not, the Korea Exchange said in a statement on Friday. Trading in shares of Samsung BioLogics, the biotech drug arm of South Korea's top conglomerate - Samsung Group, has been suspended since Nov. 14, immediately after the financial regulator said the company had intentionally breached accounting rules ahead of its listing in 2016.
Hyundai Motor has announced a Won255bn ($228m) share buyback plan to boost shareholder returns after the company's share price plunged by more than 30 per cent this year on flagging sales in its major markets.
Samsung Electronics Co Ltd said on Friday it would cancel 4.9 trillion won ($4.4 billion) worth of its shares. Expected to be complete on Dec. 4, the cancellation was the second stage of its previously announced plan to cancel all of its treasury shares in two stages to enhance shareholder value. The South Korean tech giant last year rejected pressure from U.S. activist hedge fund Elliott for a major overhaul of its complicated structure, but accepted part of the fund's proposals by revealing plans to cancel its existing treasury shares by 2018.
HP Inc's quarterly revenue beat analysts' estimates on Thursday, driven by growth in its personal systems that sells notebooks and desktops and the acquisition of Samsung's printer business. Shares of HP Inc, which houses the hardware business of former Hewlett-Packard Co, were marginally up in extended trading. The personal systems business, which accounts for more than 60 percent of HP Inc's total revenue, rose 11 percent to $10.06 billion, beating analysts' average estimate of $9.78 billion, according to IBES data from Refinitiv.
Prosecutors in South Korea have indicted the chief executive and eight other employees of Toptec Co for allegedly selling information about Samsung's flexible OLED displays to a Chinese company. The charges detail that the company received more than $13.8 million for the information, Bloomberg reports. Toptec, a Samsung supplier that manufactures display-related equipment, has denied the charges in a statement. “Our company has never provided Samsung Display’s industrial technology or business secrets to a Chinese client.