005930.KS - Samsung Electronics Co., Ltd.
| Previous Close | 44,350.00 |
| Open | 45,450.00 |
| Bid | 45,150.00 x 0 |
| Ask | 45,200.00 x 0 |
| Day's Range | 45,000.00 - 45,450.00 |
| 52 Week Range | 36,850.00 - 48,500.00 |
| Volume | 9,319,628 |
| Avg. Volume | 11,672,791 |
| Market Cap | 301.358T |
| Beta (3Y Monthly) | 1.11 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | Jul 29, 2019 - Aug 2, 2019 |
| Forward Dividend & Yield | 1,770.00 (4.16%) |
| Ex-Dividend Date | 2019-03-28 |
| 1y Target Est | 54,903.00 |
- Engadget•15 hours ago
Samsung's Galaxy Note 10 launch reportedly planned for August 7th
While we're waiting for news on the foldable Galaxy phone, Samsung is stillplanning its usual big event to launch the next Galaxy Note
- Bloomberg•7 hours ago
Huawei’s Troubles Are a Big Opportunity for Ericsson and Nokia
(Bloomberg) -- Over the past two decades, China’s Huawei Technologies Co. has come to dominate the global telecom equipment market, winning contracts with a mix of sophisticated technology and attractive prices. Its rise squeezed Europe’s Nokia Oyj and Ericsson AB, which responded by cutting jobs and making acquisitions. Now, with Huawei at the center of a U.S.-China trade war, the tide is turning.Nokia and Ericsson—fierce rivals themselves—have recently wrested notable long-term deals from Huawei to build 5G wireless networks, to enable everything from autonomous cars to robot surgery. Analysts say more could come their way as Huawei grapples with a U.S. export ban and restrictions from other governments concerned that its equipment could enable Chinese espionage.“Huawei will, for the foreseeable future, face a broader cloud of suspicion,” said John Butler, an analyst at Bloomberg Intelligence in New York. “Nokia and Ericsson are well positioned to benefit.”In May, the European companies both won 5G contracts from SoftBank Group Corp.’s Japanese telecom unit, replacing Huawei and Chinese peer ZTE Corp. Ericsson signed a similar pact in March with Denmark’s biggest phone company, TDC A/S, which had worked with Huawei since 2013 to modernize and manage its network.Other carriers, expecting government curbs on Huawei, have started removing its equipment from sensitive parts of their systems. BT Group Plc is taking Huawei out of its network core, and Vodafone Group Plc has suspended core equipment purchases from Huawei for its European networks. Deutsche Telekom AG, which has Huawei throughout its 4G system, is re-evaluating its purchasing strategy.Nokia and Ericsson are Europe’s final survivors of a merciless winnowing of more than a half-dozen telecom equipment providersAs dozens of phone companies—including those in Canada, Germany and France—plan to choose 5G suppliers in the coming months, Cisco Systems Inc. and Samsung Electronics Co. are also vying for deals. But the key beneficiaries of Huawei’s difficulties are likely to be the two Europeans, which compete directly with the Chinese company in supplying radio-access network equipment.Since last year, the Trump administration has pushed allies to bar Huawei from 5G, citing risks about state spying—allegations the company has denied. The move in May to block Huawei’s access to U.S. suppliers escalated the campaign. The company’s founder, Ren Zhengfei, now predicts the U.S. sanctions will cut its revenue by $30 billion over the coming two years.Outside the U.S., security concerns have led Australia, Japan and Taiwan to bar Huawei from 5G systems. The Chinese company also risks losing meaningful work in Europe and emerging markets where countries could follow with their own limits, according to Bloomberg Intelligence.Publicly, executives from Nokia and Ericsson have been careful not to come off as critical of Huawei. Both manufacture in China and sell gear to Chinese phone carriers, and Nokia has a big research and development presence there. Nokia says it has already been forced to shift some of its supply chain away from China to reduce the impact of tariffs imposed by the Trump administration.QuicktakeHow Huawei Became a Target for GovernmentsInstead of piling on Huawei, the European carriers have trumpeted their 5G successes, each using slightly different metrics. Ericsson claims it has the most publicly announced 5G contracts—21—while Nokia says it has raked in more commercial 5G deals than any other vendor (42). Huawei says it has signed 46 5G contracts. A spokesman for Huawei declined to comment further about its position relative to rivals.Ericsson is “first with 5G,” after building high-speed networks for companies such as AT&T Inc., Swisscom AG in Switzerland and Australia’s Telstra Corp., said Chief Technology Officer Erik Ekudden. “You see that in some markets that we are attracting more customers.”Nokia is winning 5G deals “quite handsomely,” Chief Executive Officer Rajeev Suri told Bloomberg TV on June 10.While Suri said more carriers are likely to swap out Huawei gear in countries that have announced restrictions, the situation is less clear in Europe. “We don’t know yet the impact of specific operator plans,” he said in an interview. “We also don’t know where this geopolitical thing will end up.”Nokia and Ericsson are Europe’s final survivors of a merciless winnowing of more than a half-dozen telecom equipment providers. Bloated costs, a cyclical marketplace, cash-strapped customers, and the relentless rise of Huawei—aided by access to generous Chinese state financing—helped push the likes of Canada’s Nortel Networks Corp. and Germany’s Siemens AG out of the industry.Nokia paid some $2 billion in 2013 to buy Siemens out of a joint venture established to compete against Ericsson and Huawei. Then in 2015, it spent another almost $18 billion acquiring Alcatel-Lucent to broaden its product offering after pushing through more than 25,000 job cuts in the preceding three years. Still, Huawei’s share of the $33 billion of sales in the global mobile infrastructure market surged to 31% in 2018 from 13% in 2010, IHS Markit data show.Huawei, despite its troubles, remains a potent rival. Many phone companies in Europe deem its base stations, switches and routers technologically superior. Fully excluding Huawei and ZTE from 5G would raise radio-access network costs for European phone companies by 40%, or 55 billion euros ($62 billion), the GSMA industry group predicts in an unpublished report seen by Bloomberg. Nokia and Ericsson would have to almost double production to absorb Huawei and ZTE’s business in Europe and could struggle to meet demand, the GSMA report says.Quicktake5G and EspionageBengt Nordstrom, CEO of telecom consultancy Northstream AB, says the situation is perilous for everyone in the industry, as vendors’ budgets could be hit if Huawei faces greater restrictions. “Many component suppliers are already in a tough situation,” Nordstrom said. “They need to spend a lot of money on research, and that means they need access to the entire global market.”For carriers, swapping vendors isn’t as simple as flipping a switch. It takes about two years to plan and implement such a technology shift and install the new equipment, Nordstrom said.Both Nokia and Ericsson are working to make it easier for carriers to switch. Nokia has developed what it calls a “thin layer” of its 4G technology to connect to a new 5G system, allowing a carrier to avoid a wholesale swap of another supplier’s equipment. Ericsson also has a solution to allow a carrier to swap out only a portion of existing infrastructure, and says it can make some areas work side-by-side with Ericsson’s 5G gear.Nokia and Ericsson can agree on one thing: Claims of Huawei’s technological superiority are overblown. They note that they’re involved in the latest networks in the U.S., where carriers are rolling out 5G faster than the Europeans.“We compete quite favorably with Huawei,” Suri said, “with or without the current security concerns.”(Updates to add Nokia and Ericsson production estimate in sixth-last paragraph. An earlier version of the story corrected the ninth paragraph to reflect that Telstra Corp. is an Australian company.)\--With assistance from Caroline Hyde, Kati Pohjanpalo and Angelina Rascouet.To contact the authors of this story: Stefan Nicola in Berlin at snicola2@bloomberg.netNiclas Rolander in Stockholm at nrolander@bloomberg.netTo contact the editor responsible for this story: Rebecca Penty at rpenty@bloomberg.net, David RocksFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Reuters•3 days ago
Huawei prepares for 40%-60% fall in international smartphone shipments- Bloomberg
Huawei Technologies Co Ltd is preparing for a 40% to 60% decline in international smartphone shipments, Bloomberg reported https://bloom.bg/2XQRiqH on Sunday. The Chinese technology company is looking at options that include pulling the latest model of its marquee overseas smartphone, the Honor 20, according to the article, which cited people familiar with the matter. Executives will be monitoring the launch and may cut off shipments if the sales are poor, it said.
- Bloomberg•3 days ago
Samsung's Lee Looks Beyond Next 10 Years With 6G, System Chips
(Bloomberg) -- Samsung Electronics Co. Vice Chairman Jay Y. Lee said the company will pursue investment in future businesses including sixth-generation mobile networks and system semiconductors as the South Korean tech giant faces a rapidly changing global business environment that has already put pressure on profit.Lee, the company’s de facto leader, last week held discussions with Samsung executives on potential collaboration with platform companies on 6G mobile networks, blockchain technologies and artificial intelligence, Samsung said in an emailed statement on Sunday.It’s the first time that Lee has publicly discussed the potential for 6G technology, as Samsung and rivals including Apple Inc. and Huawei Technologies Co. race to commercialize services based on 5G networks, which launched in South Korea in April.“We should challenge ourselves with a resolution to make new foundations, moving beyond the scope of protecting our past achievements,” Lee said in the statement.In addition to guidance on investment plans for its system semiconductors, the executives also reviewed risk-response plans for Samsung’s chip business and discussed challenges posed by structural changes in the technology industry, according to the statement.Samsung’s statement didn’t specifically mention ongoing trade tensions between the U.S. and China or bans on rival Huawei, two issues that have weighed on the global economic outlook and complicated supply chains for manufacturers.\--With assistance from Sam Kim.To contact the reporter on this story: Sohee Kim in Seoul at skim847@bloomberg.netTo contact the editors responsible for this story: Andrew Davis at abdavis@bloomberg.net, Tony Jordan, Stanley JamesFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Engadget•4 days ago
Samsung's Galaxy Fold delay could extend through July?
The strange case of Samsung's Galaxy Fold may drag on throughout the summer, according to a report in The Korea Herald . The outlet -- which reported in May that Samsung would reach a conclusion on the launch in a couple of days -- now says that according to company officials, if it were going to launch in July then they'd be preparing by now. It also mentions CEO DJ Koh telling another outlet just last week that the device would arrive before July. So what's the truth? At this point it's tough to discern beyond the company's actions. In a week, we'll be two months clear of Samsung announcing a delay in the launch after several reviewers experienced broken units. A week later Samsung told investors it would still release the device , and planned to announce a new launch date in the coming weeks.
- Bloomberg•5 days ago
Loeb's Sony Split Makes Sense. But Then What?
(Bloomberg Opinion) -- Dan Loeb wants to split up Sony Corp.In a seven-page letter and 100-slide presentation, Third Point LLC’s founder and CEO outlined what Sony’s shares have been saying for years: The company is worth more than the sum of its parts.Any Sony investor ought to share the frustration of Third Point, which owns a $1.5 billion stake. After posting losses for six out of seven years, Sony just notched its fourth consecutive annual profit (up 87% in the year through March 31). While this turnaround lifted shares, they’ve remained largely stagnant since the end of October 2017, when PlayStation demand spurred a fourfold increase in quarterly operating profit.The company’s return on common equity went from negative 5.5% in fiscal 2015 to 27.3% in the most recent year, while its return on invested capital has expanded almost fivefold in the past two years. Yet the shares are trading at a mere 12.6 times estimated forward 12-month earnings, below the 18.6 times for Nintendo Co. and 14.9 times for Canon Inc.(1)To that end, Loeb’s latest push for change at the Japanese electronics giant includes a request to spin off the semiconductor business and keep core Sony focused on gaming, music and pictures. The mechanics are deceptively simple, and thanks to new tax laws in Japan, potentially quite lucrative.Sony needn’t run an IPO in the traditional sense of selling some shares in one of its divisions. Instead, it can split into two listed companies: New Sony and Sony Technologies. The latter would house the chip business, and every existing Sony shareholder would get an equivalent stake in both. To do this, management would need to admit something that’s been clear for a decade: Sony messed up.Twenty years ago, the company was poised to become what Apple Inc. is today. Back then, Sony owned the portable music market. It invented the Walkman, and when CDs came along it brought out the Discman. The advent of digital music, a catalog of its own, and a range of components to put it all together meant that Sony should have invented the iPod and iTunes. But it didn’t. And, as Steve Jobs proved, you don’t need to own the various parts to dominate the whole. And yet Sony has held on to these disparate parts far longer than it should have.In my view, Sony should keep all of its various divisions together if, and only if, there are demonstrable synergies. Samsung Electronics Co. proves that such synergies aren’t only possible but extremely valuable. The South Korean company’s ownership of displays, memory chips and semiconductor manufacturing allows it to keep churning out the best smartphones every year (that is, when they don’t explode). Yet Loeb’s strategy doesn’t adequately address what Sony should do after that. Third Point mentions that post split, New Sony would have room to raise debt, given its inefficient balance sheet, should it need to make acquisitions. It already has $25 billion in total cash, and net cash of $3.6 billion while free cash flow last year was $8.6 billion.Third Point notes that Sony has the capacity for $34 billion in buybacks over the next three years while keeping net leverage(2) under 1 times. Unfortunately the two buybacks it already announced this year, for a total of 300 billion yen ($2.7 billion), have done little to boost the stock. Perhaps share performance was muted by the tough macroeconomic environment, especially in tech. If that’s the case, then it’s worth noting that a global slowdown and continued U.S.-China tensions aren’t likely to disappear anytime soon. The case for a reorganization is compelling and shouldn’t be ignored. But both Loeb and Sony management need to spend more time working out what to do with the New Sony.(1) Third Point notes that one reason for a split would be to allow the new entities to be better compared against appropriate peer groups.(2) Third Point defines net leverage as net debt/Ebitda.To contact the author of this story: Tim Culpan at tculpan1@bloomberg.netTo contact the editor responsible for this story: Rachel Rosenthal at rrosenthal21@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.
- TechCrunch•6 days ago
AT&T cancels Samsung Galaxy Fold orders
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.
- Engadget•6 days ago
AT&T cancels Galaxy Fold pre-orders due to lengthy delay
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.
- Engadget•7 days ago
Samsung's next The Wall TV can stretch to 292 inches with 8K
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.
- Reuters•8 days ago
New chip to let headphones respond to Amazon's Alexa by name
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.
- Financial Times•8 days ago
Samsung heir’s top aide questioned over suspected cover-up
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.
- TheStreet.com•9 days ago
How to Use Samsung Pay
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.
- Reuters•9 days ago
Vietnam's Vingroup says new phone plant can make 125 million units a 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.
- Reuters•10 days ago
China calls in foreign tech firms after Huawei sales ban - sources
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.
- Reuters•15 days ago
Walmart faces major India test over unit Flipkart's legal spat with startup
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.
- Bloomberg•15 days ago
Wary Smartphone Buyers Help Trump Turn the Screws on Huawei
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.
Motley Fool•15 days agoMandalay Digital Group (APPS) Q4 2019 Earnings Call Transcript
APPS earnings call for the period ending March 31, 2019.
- Investor's Business Daily•16 days ago
Samsung Electronics Partners With AMD On Mobile Graphics Chips
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.
- Bloomberg•16 days ago
Samsung to Use AMD's Graphics Chip Technology in Smartphones
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.
- MarketWatch•16 days ago
AMD stock gains after announcement of Samsung partnership
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%.
