Samsung Electronics announced its 3Q 2019 earnings guidance. The company’s consolidated sales stood at approximately 62 trillion Korean won, whereas approximate consolidated operating profit at 7.7 trillion Korean won. The above estimates are based on K-IFRS. Please note that Korean disclosure regulations do not allow earnings estimates to be offered as a range. To comply […]
Money Transfer feature now available in Samsung Pay
Samsung has introduced the Money Transfer feature in Samsung Pay for the US markets. This service is being offered in partnership with Finablr, a platform for global payments. With this service, users in the US can transfer money directly from their mobile phone using Samsung Pay to 47 countries. Users can use their existing eligible […]
Samsung Galaxy A20s comes with triple rear cameras, starts at Rs. 11,999
Samsung has launched the Galaxy A20s featuring triple rear cameras. The phone features a 6.5-inch HD+ Infinity-V display. It is powered by Snapdragon 450 Octa-core processor and comes in 3GB+32GB and 4GB+64GB variant. The devices features a rear fingerprint scanner. The triple camera setup includes a 13-megapixel primary sensor with F1.8 aperture, an 8-megapixel Ultra-Wide […]
Samsung Pay Cash, virtual cash wallet for shopping is here
Samsung has introduced Samsung Pay Cash, a virtual cash wallet that can be used for shopping. Samsung Pay Cash works where Samsung Pay and Mastercard are accepted. In terms of security, Samsung Pay Cash uses Samsung’s Knox and Mastercard token services that store the card details securely without exposing the 16-digit card number. Samsung Pay […]
Samsung’s stops mobile manufacturing in China
Samsung has stopped manufacturing mobile phones in China. The reason for this is the cut-throat competition in the Chinese market, which is the world’s biggest. Chinese companies like Xiaomi, OPPO and Huawei are making it difficult for the Korean giant to survive in China. Besides this, in the premium segment, Apple’s iPhone is gaining inroads […]