Samsung has initiated its first step to enhance its software competitiveness. The chaebol has confirmed to hire more software engineers to keep up with the fierce competition in the mobile industry. Samsung expects to increase the proportion of software engineers to 70 percent from the current 50 percent. Currently, Samsung has around 25,000 employees […]
Misc.
Samsung Q3 operating profit grows 12 percent
Samsung Electronics today estimated that its Q3 operating profit grew 12 percent as compared with three months earlier. On Friday, the South Korean firm estimated its operating profit for the third quarter at 4.2 trillion won ($3.5 billion) versus a consensus forecast of 3.4 trillion won by analysts surveyed by Thomson Reuters. That was down […]
Samsung seeks to nullify Apples exclusive right to iPad design
It seems that Samsung is in aggressive mode with Apple on legal patent disputes. Recently, Samsung filed preliminary injunction motions to stop iPhone 4S sales in Paris and France. Now in a fresh wave of legal dispute, Samsung has asked an European Union agency to nullify Apple’s exclusive rights to the iPad design in Europe. […]
Samsung: Steve Jobs introduced numerous revolutionary changes
Although Samsung and Apple are at legal war over patent disputes, the Korean giant released a statement mourning the death of Apple Chairman Steve Jobs who passed away after battling with pancreatic cancer at the age of 56. “Chairman Steve Jobs introduced numerous revolutionary changes to the information technology industry and was a great entrepreneur,” […]
Samsung to see dip in profit, but increase in handsets sale
Samsung Electronics will be seeing dip in profit this quarter that will be announced this Friday. This can be attributed to the decline in chip prices, however, investors would be happy to see their telecom business boom with increase in handsets sale. One of the reason cited by industry experts for the growth in smartphone […]