|Bid||51,400.00 x 0|
|Ask||51,500.00 x 0|
|Day's Range||50,400.00 - 52,000.00|
|52 Week Range||44,220.00 - 57,520.00|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 25, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||1,064.00 (2.12%)|
|1y Target Est||3,420,460.00|
“Deep down, I wonder why everyone is talking about speakers,” said Mr. Kim, the new CEO of Samsung’s consumer-electronics unit, in a rare interview. Samsung, the world’s largest maker of smartphones, TVs and semiconductors, is about to find out if that is true. The goal is to transform Samsung’s stand-alone home appliances into an army of easier-to-use synced devices capable of fielding verbal commands.
How lucky it is to be Micron Technology Inc. (NASDAQ:MU) right now. Think about gaming and artificial intelligence — all the fast-twitch services that are replacing simple searching and information accessing. Micron and its memory chips are at the sweet spot of all this, but even after an historic run-up since the end of December 2015 — the stock price jumping from $10.50 per share to the May 21 market open of nearly $55 — it’s still trading at just 8.4 times earnings.
Samsung Electronics Co., trying to win business in the made-to-order chip production industry from Taiwan Semiconductor Manufacturing Co., said it will soon churn out processors based on an important new technology called 7 nanometer. The world’s largest chipmaker said it will begin using the new technique this year, in time for mass production for customers next year. While that schedule is comparable with some competitors, the Korean company said it’s ahead in the mastery of a process that the industry’s been struggling with for years.
Starbucks (SBUX) is winning the in-store mobile-payments war, beating tech heavyweights Apple, Google, and Samsung Electronics at their own game. The cafe chain's mobile-payment service will be used by 23.4 million Americans this year, edging Apple (AAPL), with 22 million. Alphabet's (GOOGL) Google unit, with 11.1 million users, and Samsung (South Korea: 005930), with 9.9 million, lag far behind, according to an eMarketer report released today.
Verizon (VZ) is looking to launch commercial 5G (fifth-generation) services in at least four US markets before the end of the year, according to CEO Lowell McAdam in his recent interview with CNBC. Verizon initially said it was planning to roll out 5G services in three to five markets in 2018.
In an earlier part of the series, we saw that Qualcomm (QCOM) is facing competition in its dominant market of smartphones because of trade tensions between the US and China. It is also facing challenges in its efforts to diversify in the fast-growing markets of IoT (Internet of Things) and automotive through the acquisition of NXP Semiconductors (NXPI). Amid these challenges, Qualcomm has been making efforts to enter new markets—such as PC, server, and wearables—organically.
Samsung’s (SSNLF) semiconductor business earns a major portion of its revenue from memory chips. In 2017, Samsung earned more than 65% of its profit from the semiconductor business. The growth in semiconductors has caught Samsung’s attention, and it’s expanding its chip business beyond memory to logic chips such as mobile processors, image sensors, and automotive chips, Samsung’s System LSI head Inyup Kang told Reuters.
Samsung Electronics Co. Ltd., the Korean-based electronics giant, will open a new artificial-intelligence center in Cambridge, England, as the company seeks to benefit from cutting-edge academic research into the technology. Andrew Blake, a pioneering researcher in the development of systems that enable computers to interpret visual data, and a former director of Microsoft Corp.’s Cambridge Research Lab, will head the new Samsung AI center, the company said Tuesday. The center may hire as many as 150 AI experts, bringing the total number of people Samsung has working on research and development in the U.K. to 400 "in the near future," the company said.
In mid-April 2018, the United States imposed a seven-year ban on sales to Chinese (FXI) telecommunications equipment and systems manufacturer ZTE. The ban came because ZTE violated US sanctions by illegally shipping telecommunications equipment to North Korea and Iran. The ban almost put ZTE out of business, as it earns a major portion of its revenue from the US.
Qualcomm (QCOM) and NXP Semiconductors (NXPI), which have been on a downtrend since March 2018, saw an upsurge last week when the US and China (FXI) made efforts to ease the trade tensions between them. QCOM and NXP stocks have been on a downtrend since March 2018 when Broadcom’s (AVGO) hostile takeover of Qualcomm was rejected by the US president. Adding to Qualcomm’s trouble, the US president announced tariffs on Chinese imports on March 22 and imposed a sales ban on Chinese telecommunications equipment and systems manufacturer ZTE for violating sanctions on Iran on April 16.
Taking a look back at seven days of news and headlines across the world of Android, this week’s Android Circuit includes a new release date for the Galaxy Note 9, two missing features from Samsung’s phablet. Android Circuit is here to remind you of a few of the many things that have happened around Android in the last week (and you can find the weekly Apple news digest here).