Samsung is one of the largest chaebols in the world and while the Lee family maintains a tight hold over Samsung, the company today announced its detailed plan to enhance long-term value creation for shareholders. First is the improvement in the shareholder program, which will see a 50 percent free cash flow dedicated to shareholder […]
Gear Fit2’s software update brings in new fitness-related improvements
Samsung last week released a new firmware update for its Gear Fit2 that improves its fitness tracking experience. The new update streamlines sets for indoor activities and now comes with an Auto Pause feature that recognises user’s cardiovascular activity to continue recording or pause if the user stops suddenly. The update also adds new dynamic […]
Tizen gains .NET support, will enable devs to build apps in C#
Tizen may have somewhat been a lost cause when it comes to smartphones but Tizen is very much the heart of many TVs, wearables and IoT products that Samsung sells and will sell. Today, in an attempt to garner more developer support for its platform, Samsung announced a collaboration with Microsoft to enable .NET support […]
Samsung introduces Rewards program for Samsung Pay users
In a bid to increase use of Samsung Pay in the United States, Samsung will roll out the Samsung Rewards program this week that will reward points to users transacting through Smasung Pay. Registered users will earn points that can be redeemed for gift cards, prepaid Visa gift cards, Samsung products and more. Samsung will […]
Samsung to acquire Harman for $8 billion
In a somewhat interesting move, Samsung today announced that they’ve entered into a definitive agreement with Harman to acquire them for $112 per share in cash, totalling to $8 billion. The move will give Samsung access to a rapidly growing connected market for automobiles that is expected to grow more than $100 billion by 2025. […]