Samsung today released their Q3 2016 results that ended on September 30, 2016, Samsung recorded a revenue of 47.82 trillion won, a decrease of 3.87 trillion won YOY and recorded an operating profit for the quarter at 5.20 trillion won, a decrease of 2.19 trillion won YOY. Samsung says the quarter was heavily impacted by […]
Samsung Pay to support three more countries, online payments
Samsung Pay’s adoption has been growing at a steady pace. Adding to its list of countries are Malaysia, Russia and Thailand that makes the service available in 10 countries by end of 2016. Additionally, Samsung Pay will add a number of new features, notably adding support for online payment and express checkout solution, thanks to […]
Galaxy Tab A 10.1″ with S Pen comes to United States
Samsung has announced its latest tablet for the American market. The Galaxy Tab A 10.1″ will be available in the United States starting from October 28 that supports S Pen functionality. S Pen was first introduced to the Galaxy Note series that enables users to draw or create notes with improved pressure sensitivity and a […]
Samsung starts mass production of SoC based on 10nm FinFET process
Samsung has announced the mass production of its upcoming System-on-chip (SoC) based on 10nm FinFET fabrication process (10LPE). This mass production will make Samsung the first company in the industry to do so that uses an advanced 3D transistor structure with additional enhancements in both process technology and design enablement to do so. Compared to […]
Samsung expects to take a $3 billion hit due to Galaxy Note7 fiasco
Discontinuation of Galaxy Note7 would have had an impact on Samsung’s revenues but the Korean giant has now confirmed how big the impact will be. Samsung says approximately 3 trillion won (around $3 billion) will be shaved off for the next two quarters, including 2 trillion on Q4 2016 and 1 trillion in Q1 2017. […]