|Bid||36,350.00 x 0|
|Ask||36,400.00 x 0|
|Day's Range||35,600.00 - 36,400.00|
|52 Week Range||29,750.00 - 39,700.00|
|Beta (3Y Monthly)||1.00|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1,416.00 (3.95%)|
|1y Target Est||43,833.00|
South Korean panel maker Samsung Display said on Friday it is considering suspending one of its liquid crystal display (LCD) production lines at home due to a supply glut. Samsung Display, a unit of Samsung Electronics Co Ltd, currently operates two LCD production sites in South Korea and one in China. "Samsung Display has been adjusting the production output and facility operation due to oversupply and worsening profitability, and we are still considering the suspension of the line, but nothing has been decided," the company said in a statement.
OnePlus, China’s upstart smartphone maker, is preparing a global rollout of its new 5G device this year, as it looks to expand in the US and win more customers from Huawei, Apple and Samsung. OnePlus has managed to buck the smartphone market’s decline this year, after winning rave reviews for its latest device, the 7 Pro, which sports a pop-out camera and smooth-scrolling technology.
To compare, I also visited the main Apple Store on Regent Street and the first Microsoft store in Europe, which opened last month a few doors away at Oxford Circus. Microsoft's new flagship features a big Xbox gaming lounge, a real-life McLaren Senna sports car plugged into the Forza video game, HoloLens headsets and lots of Surface devices.
Samsung has struck a broad alliance with Microsoft to bring Apple-style interoperability between its latest smartphones and Windows PCs. The new “Link to Windows” button in Samsung’s Note 10 will wirelessly synchronise files and notifications from the smartphone to the user’s Windows PC.
Samsung executives have long poked fun at rivals for ditching the headphone jack in smartphones. With the new Galaxy Note 10, the company will now be doing exactly the same thing.
SEOUL/NEW YORK (Reuters) - Samsung unveiled a new version of the Galaxy Note smartphone on Wednesday with fast 5G network connection and improved camera features, hoping the premium model helps it revive slumping profit and widen the gap with struggling rival Huawei. Samsung Electronics Co Ltd has emerged as the biggest beneficiary of Huawei Technologies Co Ltd's trouble in the second quarter with a nearly 7% jump in smartphone sales, as the Chinese firm sold fewer phones in the global market after it was put on a U.S. trade blacklist in May. With emphasis on improved video and photography features, which helped Huawei become the world's No.2 smartphone vendor, Samsung hopes the Galaxy Note 10 will appeal to YouTubers and fans of social media.
With the average phone size hovering about 5.5 inches these days, Samsung clearly won that round. Today in Brooklyn, Samsung is pushing things even further, with the introduction of a new subset of Galaxy Note devices. Among other things, the introduction of a new model differentiates the line slightly from Samsung’s other flagship line.
Samsung unveiled a trio of Galaxy Note 10 smartphones, the first time it's released more than one version of its oversize Galaxy Notes at a time, at a massive launch event in New York City on Wednesday. The Note 10, which has a 6.3 inch screen, will start at $949 while the 10+, which features a 6.8-inch screen, will start at $1099 for an LTE version and $1299 for the 5G version. No mention was made of Samsung's super high-end Fold phone with multiple screens that can be combined into a tablet, which was originally supposed to start shipping earlier this year.
(Bloomberg) -- As if falling profits and escalating trade spats at home and abroad weren’t bad enough, Samsung Electronics Co.’s shares may be dealt another blow when MSCI Inc. reviews weightings of its stock gauges this week.The index provider’s quarterly review scheduled for Aug. 7 could trigger a net outflow of 458 billion won ($382 million) from the shares of South Korea’s top company this month as the nation’s weighting is set to get cut in the MSCI Emerging Markets Index, according to estimates from Shinhan Investment Corp.The ongoing inclusion of China A shares and Saudi Arabia in emerging market stocks will lower the representation of other countries. The move could mean South Korea’s weighting will fall by 0.3 of a percentage point to 12%, according to Yuanta Securities Korea and Eastspring Investments Singapore Ltd.The lower weighting in MSCI indexes, coupled with trade wars and the not-so cheap valuation, may attract more bears on Samsung’s stock, which has already seen short interest rising since the end of April.U.S. President Donald Trump abruptly escalated his trade war with China late last week, announcing that he would impose a 10% tariff on a further $300 billion in Chinese imports while Japan confirmed Friday that it will remove South Korea from a list of trusted export destinations.Samsung shares have fallen about 6% since the company reported sharply lower profits on Wednesday amid global trade tensions and a wireless industry slump. However, the stock is still up 13% for the year, compared to a 4.3% decline in the benchmark Kospi Index. The gauge fell as much as 2.5% on Monday, set for its lowest close since Nov. 2016 while company’s shares declined 2.5% as rising trade tensions worsened its outlook.“Traders have recently increased short-sell volumes against Samsung’s shares and the trend is expected to accelerate ahead of the rebalancing,” Hana Financial Investment said in a note on July 28.To be sure, Kim Ju-in, a passive fund manager at NH-Amundi Asset Management Co., said that the MSCI’s review will only cause a “short-term shock” and what is really moving the market is the trade spat with Japan.MSCI’s review “is going to be a technical overhang on the market” at a time when more investors have started looking to other areas of opportunity in Asia, said Medha Samant, investment director at Fidelity International Ltd.(Updates stock performance in sixth paragraph.)To contact the reporters on this story: Abhishek Vishnoi in Singapore at firstname.lastname@example.org;Heejin Kim in Seoul at email@example.com;Ishika Mookerjee in Singapore at firstname.lastname@example.orgTo contact the editors responsible for this story: Lianting Tu at email@example.com, Teo Chian WeiFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Most weekends, the Uniqlo shop in the Hyundai department store just north of Seoul is buzzing with customers looking to pick up some of the Japanese chain’s trendy, low-cost clothing. South Koreans have also stopped buying cars, beer, cosmetics and just about anything else bearing the label “Made in Japan”. Well-organised protests are not uncommon in South Korea, and they tend to pass relatively quickly.
Samsung’s never been particularly good at keeping things under wraps. The company loves priming the rumor pump ahead of product announcements, and like clockwork, we’ve already seen plenty of what we expect is planned for next Wednesday’s Unpacked event in Brooklyn. Earlier this week, Samsung announced the Galaxy Tab S6, its latest shot against the iPad Pro.
This, friends, is the Samsung Galaxy Dongle. When Samsung’s Note 10 arrives next week, it’s expected to leave the headphone jack behind. Samsung doesn’t get enough credit for the quality of its in-box earbuds, by the way, so shout out to those.
South Korean chipmakers are hitting a dead end in their quest to find alternatives for key Japanese materials that have been slapped with export restrictions, raising the prospect of major disruption to their operations in the coming months. Japan is now requiring special approval for sales of three high-tech materials, including two that are critical for chipmaking, to South Korea amid a deepening diplomatic dispute over compensation for forced labour during World War II. "Japan is slowly strangling our neck", one senior official at a major South Korean major chipmaker told Reuters, requesting anonymity due to the sensitivity of the matter.
Samsung Electronics (SSNLF) reported its second-quarter earnings results yesterday. The company’s profits tanked 55.6% from the previous year.
As Samsung gears up to try things again with its $2,000 'Fold' phone, data shows that most consumers aren't moving to the priciest phone models.
Today's major tech stories include the reveal of Samsung's 108-megapixel mobile image sensor, Ninja blasts Twitch over the use of his offline channel and social sites facing fines in the UK over an upcoming content crackdown.
Today's major technology headlines include Samsung's Unpacked event in Brooklyn, which saw the debut of two new devices, the Note 10 and Note 10 Plus. Both phones will boast Snapdragon 855 chips, but come in two different screen sizes. Samsung also used the Unpacked event to showcase its newest notebook, the Galaxy Book S.