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Samsung has announced earnings guidance for the third quarter. This guidance is made public to gives shareholders and consumers an estimate about what to expect when the audited results are posted. According to the guidance, in compliance with IFRS, Samsung expects its consolidated operating profit to be somewhere in between 4.5 to 5 trillion [...]
A report released yesterday claims that Samsung Electronics’ current chairman, Lee Kun-hee is the richest person in South Korea. Lee Kun-hee has an estimated personal wealth from listed and unlisted companies of 8.73 trillion won or 8 billion US dollars. However, he is not the only wealthy person from Samsung to be featured in [...]
In a bid to promote e-waste recycling, Samsung India has launched a new initiative called as the Star program or Samsung Takeback and Recycle Program. The initiative will be rolled out nationally in phases where consumers will be able to bring their any Samsung product for recycling. Consumers will be able to dispose their [...]
Samsung’s App Store has reached a milestone in its domestic market. On August 15, Samsung Apps surpassed 4 million app downloads since its launch in December last year. Currently, there are over 700 applications available in the store in various categories and the top downloaded apps in the last few days include Asphalt 5, [...]
Chances are that you must have got Samsung’s 3D Starter Kit with the purchase of selected 3D product but if you don’t there’s a listing on Amazon that is selling the kit for $295. That’s $55 down from the original retail price. The 3D Starter Kit will give two extra pairs of Active 3D [...]
Samsung is rated as the best company to work for in its home country. The result came after a survey conducted by Korean Management Association Consulting that included 3,840 employees and HR executives. Samsung is rated as the best workplace in the manufacturing sector whereas its close telecom partner, SK Telecom tops in the [...]
Samsung has announced to commission an independent health and safety review of all its semiconductor factories. This decision comes after the accusation that Samsung’s semiconductor plants use radioactive elements and is responsible for fewemployees diagnosing with blood cancer. The review commission will be carried out for a year and will have full access to [...]
We do know that Samsung Group is one of the biggest companies in the whole world but how big is it in South Korea? Well, it is the biggest conglomerate on the Korea Exchange that accounts for more than 25 percent of net profit on the exchange. Last year, Samsung and its 12 listed [...]
US-based Yahoo! Inc. has struck a deal with Samsung to pre-install some or all Yahoo! Services in Samsung’s mobile devices. The services include Yahoo! Mail, Messenger, Front Page, Search, Flickr, News, Finance, Contacts, Calendar and Weather and will be bundled along with phones running Samsung’s bada and even Android. This could be a major [...]
Samsung’s range of 3D LED TVs is not only the first ones to bring 3D to living room but also integrates the world’s smallest and slimmest tuner that transmits signal to TVs received from TV Stations. It is created by Samsung Electro-Mechanics and is just 5mm thick or 30 percent slimmer than the conventional [...]
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