|Bid||36,550.00 x 0|
|Ask||36,600.00 x 0|
|Day's Range||35,650.00 - 36,950.00|
|52 Week Range||35,050.00 - 47,180.00|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1,416.00 (3.86%)|
|1y Target Est||54,133.00|
In a meeting that was unthinkable 19 months ago, South Korea’s president will this week introduce the head of the country’s biggest conglomerate to North Korean leader Kim Jong Un in Pyongyang. The parley caps a remarkable period for Jay Y. Lee, vice chairman of Samsung Electronics Co., who since the start of 2017 has been arrested, tried and jailed before being released a year later. Meanwhile, President Moon Jae-in is finding his political fortunes tied to the company and South Korea’s other conglomerates amid a sputtering economy, even though he swept to an election victory promising to rein in the power of the chaebol.
Jay Y. Lee, vice chairman of Samsung Electronics Co., will join President Moon Jae-in’s delegation to Pyongyang this week in a further sign of thawing relations between the South Korean government and its biggest company. Lee is among 17 business leaders accompanying Moon to a summit with North Korea’s Kim Jong Un, according to a statement from the president’s office. SK Chairman Chey Tae-won and the head of LG Corp., Koo Kwang-mo, will also join the delegation.
Samsung has released invitations for an October 11th event that teases a new Galaxy device and the cryptic message "4x fun," CNET reports. Samsung Mobile CEO DJ Koh said earlier this month that it was "time to deliver" on the company's long-awaited foldable smartphone, but he mentioned it could be unveiled -- emphasis on could -- at the Samsung Developer Conference in November. Leaker Ice Universe tweeted last week, "Samsung Camera Camera Camera Camera," later noting all four would be on the back.
South Korea's LG Display has been chosen as a second supplier for organic light-emitting diode (OLED) screens for Apple's iPhones, the Electronic Times reported on Friday. Samsung Display, a unit of Samsung Electronics, was the sole supplier of OLED displays for Apple.
Apple Inc. introduced the world to its largest-ever smartphone Wednesday, the iPhone Xs Max. With a 6.5-inch screen, it dwarfs the 3.5-inch display on the original iPhone that Steve Jobs unveiled to the world in 2007. Onlookers will be forgiven for seeing the Max as a response to the popular Galaxy Note series made by Samsung Electronics Co. The latest in that line, the Galaxy Note 9, was released in August and has a 6.4-inch screen. Samsung’s Note 9 is the lighter of the two phones, weighing 201 grams compared to Apple’s 208 grams.
SEOUL—Samsung Electronics Co.’s vision for next-generation 5G technology includes a crackdown on jaywalking. At its Suwon, South Korea, headquarters, Samsung has built a “5G City” to demonstrate how the new wireless technology might be used to create smarter, safer cities. There, a busy intersection outfitted with the company’s network equipment, along with 10 video cameras and sensors, allows for real-time monitoring of the weather, traffic and even pedestrians.
Google has secured a bit more buy in from Samsung for a next generation text messaging standard it's long been promoting. The Android OS maker's hope for Rich Communication Services (RCS), which upgrades what SMS can offer to support richer comms and content swapping, can provide its fragmented Android ecosystem with a way to offer comparably rich native messaging -- a la Apple's iMessage on iOS.
The investment reflects Air Product's (APD) commitment to serve strategic customers as well as the broader semiconductor and electronics industries.
Samsung Electronics Co Ltd opened its biggest mobile store in the world in India on Tuesday as it tries to take pole position in the world's second-biggest smartphone market amid fierce competition from Chinese brands. The South Korean tech giant's roughly 33,000 square foot (3,000 square metre) store in the southern tech hub of Bengaluru will help it extend its lead in India over global rival Apple Inc, which has yet to open any flagship stores in the country. India, which boasts more than a billion wireless connections, presents a lucrative opportunity for smartphone makers to expand beyond China and the United States where growth has slowed.
Samsung, naturally, would never be content to launch a regular old Tile competitor. While the basic foundation of the SmartThings Tracker is similar to what Tile and a number of other startups offer, Samsung’s packed all it can into the product. The addition of LTE-M, meanwhile, means things like lost keys, backpacks and other belongings can be found through a much broader range of settings than standard Bluetooth-enabled products.
Solid Power Inc., a Colorado-based maker of solid-state battery cells for cars and aircraft, arranged $20 million in financing to complete a manufacturing facility.
Solid Power Inc., a Colorado-based maker of solid-state battery cells for cars and aircraft, arranged $20 million in financing to complete a manufacturing facility. Investors in the Series A funding round include Sanoh Industrial Co. and the venture capital units of Hyundai Motor Co., Samsung Electronics Co. and Solvay SA, according to a statement Monday. It comes about nine months after Solid Power announced a deal with BMW AG to develop solid-state batteries for electric vehicles.
Samsung is one of those companies you can count on to take interesting risks, like resuscitating the stylus or reselling a version of a phone that was best known for bursting into flames. With its latest wearable, the Galaxy Watch, Samsung couldn't have played things safer: It combined some of the Gear S3's design language with some Gear Sport fitness features and added a handful of new software flourishes for good measure. There are two versions of the Galaxy Watch: a 42mm model ($329+) that comes in Rose Gold and a handsome blacked-out finish, and the shiny 46mm model ($349+) I've spent the past week with.
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Embattled blood-testing company Theranos Inc will soon cease ...
Samsung Electronics Co. is building the world’s largest phone factory in India in an effort to tap the industry’s next growth area: cheap smartphones. India is a critical battleground because it is still rapidly growing and the country’s demographics mirror other countries still primed for growth. Just over half of the global population has a smartphone, and that figure will rise to 77% by 2025, an addition of roughly two billion new smartphone users, according to GSMA Intelligence, a mobile industry researcher.
Samsung's foldable smartphone has been in the works for years, but now it looks like we're finally going to get a sneak peek of the technology within the next couple of months. Speaking to CNBCat the IFA electronics show in Berlin last week, Samsung Mobile's CEO DJ Koh said it's "time to deliver" on the long-promised device, and that it could be unveiled at the Samsung Developer Conference in November. Strong emphasis on the could, though -- Samsung does have a history of bigging up their plans.
Investing.com - Asian stocks were mixed in afternoon trade on Tuesday as traders awaited the potential start of fresh U.S. tariffs on Chinese goods.
DJ Koh, the CEO of Samsung's mobile division, said that the company was close to concluding the development of a foldable smartphone which will be unveiled this year.
Samsung will allow third-party developers to build apps for Bixby later this year, the CEO of the technology giant's mobile division told CNBC, in a bid to boost the capability of its voice assistant.
It's time to throw out your 4K TV, 8K is here! Well, not quite. Samsung is planning to actually sell its 8K QLED TV, LG gave us a glimpse at the world's first 8K OLED TV. Just like with 4K, there are a variety of 8K formats out there, but the one we're mainly concerned with is 8K UHD.
Samsung plans to overhaul its smartphone strategy at the mid-range price point in order to appeal more to millennials, the company's mobile CEO told CNBC. Instead of introducing new technology in the flagship Galaxy S and Note series of devices, DJ Koh said Samsung will look to bring in cutting-edge features to its cheaper models first. Samsung Electronics 593-KR plans to overhaul its smartphone strategy at the mid-range price point in order to appeal more to millennials, the company's mobile CEO has told CNBC.
The industry is forever chasing the Apple Watch. After all, the smartwatch has been a rare bright spot in a plateauing wearables category. Samsung’s approach, on the other hand, has always been very, well, Samsung.
Samsung has opened its biggest mobile store in the world in India, as it tries to take pole position in the world's fastest growing major market for phones. Michelle Hennessy reports.