|Bid||38,800.00 x 0|
|Ask||38,850.00 x 0|
|Day's Range||38,700.00 - 40,200.00|
|52 Week Range||38,700.00 - 54,140.00|
|Beta (3Y Monthly)||0.99|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan 29, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||1,416.00 (3.46%)|
|1y Target Est||57,158.00|
The San Francisco-based company is planning to raise at least $200 million in a round led by venture capital firm IVP, said the person, who asked not to be identified because the discussions are private. Samsung Electronics Co. and AXiomatic Gaming LLC are also expected to invest. A spokesman for Niantic declined to comment.
The music streaming services of Apple (AAPL), Spotify (SPOT), and Pandora (P) only cater to the personal use market currently. According to Apple Insider, Apple has submitted a trademark application for the term “Apple Music for Business” in the United States. In the application, Apple mentions transmission of streamed music and video for business use as one of the areas where it would apply the trademark.
American companies are already considering ceasing their manufacturing operations in China as a result of the trade war between the United States and China. Now, South Korean electronics giant Samsung (SSNLF) has said that it’s discontinuing its smartphone manufacturing plant in Tianjin, China, as a result of trade uncertainties and stiff competition from local rivals, which have caused its sales to slump in the biggest smartphone market in the world.
Apple (AAPL) has acquired early-stage artist development startup Platoon, according to Music Business Worldwide. Apple hasn’t disclosed its plans for Platoon. Spotify (SPOT), one of Apple’s main competitors in the music streaming industry, has taken to signing early-stage artists directly instead of going through record labels.
At The Wall Street Journal‘s D.Live technology conference last year, Baidu (BIDU) CEO Robin Li said that the company spends ~15% of its annual revenue on research and development, with almost the entire budget going to AI initiatives. And what has come out of that? The top AI patent applicant in China. Forbes, citing the Patent Protection Association of China, reported that Baidu has filed 2,368 AI patent applications. In comparison, Microsoft (MSFT) has filed 1,648 AI patent applications, Tencent (TCEHY) has filed 1,168, and Samsung (SSNLF) has filed 1,047.
Fitbit Has Continued to Struggle in 2018: What's Next? Fitbit (FIT) seems to be focusing more on the smartwatch segment with the launch of the Versa and Fitbit Ace for kids. According to market research firm Gartner, the wearable device is set to grow by 26% this year driven by smartwatch sales.
SEOUL—Samsung Electronics Co. plans to close a Chinese smartphone factory this month, as the South Korean technology giant shifts manufacturing to India and its sales flounder in China, the world’s largest handset market. Samsung will close its manufacturing facility in Tianjin, a northern port city near Beijing, by Dec. 31, a company spokesman said on Thursday. The retrenchment appears to be unrelated to efforts by the U.S. to convince its allies, including South Korea, to restrict their dealings with China in the technology sector amid a geopolitical feud involving Chinese telecom giant Huawei Technologies Co., a major competitor of Samsung’s.
According to market research firm IDC, Fitbit (FIT) occupied the third position in the global wearable market. Fitbit reportedly shipped 3.5 million units in the third quarter, a fall of 3.1% compared to shipments of 3.6 million units in the same period last year. Fitbit’s shipments fell YoY in a market that is experiencing robust growth. The global wearable market rose 21.7% YoY to 32 million units in the third quarter of 2018.
Samsung BioLogics Co Ltd's on Thursday said its head office has been raided by South Korean prosecutors as part of a criminal probe into alleged accounting fraud. The Financial Services Commission last month filed a complaint against the biotech arm of conglomerate Samsung Group, saying it intentionally breached accounting rules ahead of its 2016 listing. Samsung BioLogics denied wrongdoing and filed an administrative lawsuit against the regulator.
The Korean electronics giant -- regarded as one of the savviest marketers in technology -- provoked outrage across social media after announcing it was tying up with Supreme, the New York design house founded by James Jebbia and famed for its skateboarding and hip hop aesthetic. Turns out, the tie-up actually involved Supreme Italia -- a company the New York original has clashed with in court over copyright and accused of being a fake. Now, Samsung says it’s reassessing the alliance.
(Bloomberg) -- Growing security concerns surrounding Huawei Technologies Co. may help Samsung Electronics Co. challenge the Chinese behemoth in the market for fifth-generation wireless communications, an executive at the South Korean giant said.
Last year at CES 2018, Samsung unveiled the Note 9 Pen, a lightweight 13.3-inch convertible aimed at artists and anyone else who needed decent power with as little weight as possible. The 9 Pen is still powered by an 8th-generation Intel Core i7 processor, but you can get the 15-inch version with 2GB NVIDIA GeForce MX150 discrete graphics. It's also got a "ThunderAmp" smart amp and "studio-quality sound from speakers tuned by AKG," Samsung said.
According to IDC, Facebook’s (FB) Oculus subsidiary finished at the top of its industry in terms of product units sold in the third quarter. Oculus, Facebook’s virtual reality product arm, shipped 491,000 VR headsets in the third quarter, capturing 25.9% of the VR market.
On December 4, Qualcomm (QCOM) launched a mobile phone processor called “Snapdragon 855” at its Snapdragon Technology Summit in Hawaii. The new generation of mobile chips will power the 5G phones in the United States by next year. The new Snapdragon 855 chip will act as a modem for smartphones to connect to 5G wireless data networks.
Samsung caused controversy at the Chinese launch event of the Galaxy A8 earlier this week, when it announced it would be partnering with fashion brand Supreme for some kind of tech x streetwear collaboration (exactly what wasn't specified). The catch though, was that the partnership didn't involve the authentic New York Supreme label, but rather Supreme Italia -- a "legal fake" in Italy that manages to exist thanks to a bunch of intellectual property law loopholes. In a nutshell, Supreme NYC doesn't have the authorization to sell and market in China -- home to Samsung's biggest consumer base.
Samsung Electronics will cease operations at one of its mobile phone manufacturing plants in China, the company said, as its sales in the world's biggest smartphone market slumps amid rising competition from lower-cost local rivals. The South Korean company has seen its share of the Chinese market shrink to 1 percent in the first quarter of this year, losing out to home-grown brands like Huawei [HWT.UL], according to market research firm Counterpoint, which pegs Samsung's share of the pie at about 15 percent at mid-2013. "As part of ongoing efforts to enhance efficiency in our production facilities, Samsung Electronics has arrived at the difficult decision to cease operations of Tianjin Samsung Electronics Telecommunication," Samsung said in a statement, referring to the plant in northern Chinese city of Tianjin.
Samsung Electronics will cease operations at one of its mobile phone manufacturing plants in China, the company said, as its sales in the world's biggest smartphone market slumps amid rising competition from lower-cost local rivals. The South Korean company has seen its share of the Chinese market shrink to 1 percent in the first quarter of this year, losing out to home-grown brands like Huawei, according to market research firm Counterpoint, which pegs Samsung's share of the pie at about 15 percent at mid-2013. "As part of ongoing efforts to enhance efficiency in our production facilities, Samsung Electronics has arrived at the difficult decision to cease operations of Tianjin Samsung Electronics Telecommunication," Samsung said in a statement, referring to the plant in northern Chinese city of Tianjin.
SEOUL (Reuters) - Samsung Electronics will suspend operations at one of its mobile phone manufacturing plants in China, a company spokeswoman said on Wednesday. Amid slumping sales and rising labor costs ...
Samsung Electronics will suspend operations at one of its mobile phone manufacturing plants in China, a company spokeswoman said on Wednesday. Amid slumping sales and rising labor costs in China in recent ...
When Microsoft overtook Apple to become the U.S.’s most valuable company last month, most headlines just reported it as a moment in time — an ephemeral blip before things returned to normal and Apple once again reigned supreme. Rather, Microsoft stands an excellent chance of maintaining — and even growing — its lead. Because fundamentally, Microsoft’s business seems more sound, robust and diversified than Apple’s (AAPL) .
Can AT&T turn its fortunes around? AT&T (T) has struggled this year. All in all, AT&T disappointed investors with its below-par earnings. The stock fell 8% on the day of its third-quarter earnings announcement.
About three years ago, Alphabet’s (GOOGL) Google subsidiary launched a mobile service business under the Project Fi brand. The business has been one of Google’s quietest—it has not been mentioned at Alphabet’s earnings conferences in the last year. It recently took on a new name, Google Fi, dropping “Project.” The business has also expanded to support more devices.
Nokia’s (NOK) sales have mostly been on a decline in recent years, and the company is banking on the adoption of 5G connectivity to help it return to growth. To ensure that it can maximize its commercial opportunities in the 5G era, Nokia has been working on addressing its funding needs.
First it was the notch, now the hole-punch has emerged as the latest tech for concealing selfie cameras whilst keeping our smartphones as free of bezel as possible to maximize the screen space. This week, Samsung and Huawei both unveiled new phones that dispense with the iconic 'notch' -- pioneered by Apple but popularized by everyone -- in favor of positioning in the camera in a small "Infinity-O" hole located on the top left side of the screen. Dubbed hole-punch, the approach is part of Samsung’s new Galaxy A8s and Huawei's View 20, which were unveiled hours apart on Tuesday.
Samsung’s (SSNLF) prized screen technology was stolen and leaked to its rival in China, according to prosecutors in South Korea. The allegedly leaked Samsung technology covers flexible OLED screens and can be used in making foldable smartphones. Samsung last month showed off a foldable smartphone that could arrive on the market as soon as early next year.