Samsung Pay has been getting some favourable reviews, thanks to its ease of use and wide compatibility but this report by NY Times doesn’t bode well for the Korean giant and its payment service. According to the report, LoopPay, which Samsung bought and now uses their technology in its Samsung Pay service, was hacked by […]
Misc.
Samsung announces Q3 2015 Earnings Guidance
Samsung today released its earnings guidance for Q3 2015 that ended last month. Compared to the last quarter, Samsung expects a rise in the earnings and estimates the figures to reach around 51 trillion won for consolidated sales and 7.3 trillion won for operating profit. The estimates are based on K-IFRS system and are provided […]
Samsung may lay off 10 percent of its staff in Korea
The last few quarters have been tough for Samsung and given the position the company is in, Samsung may look to axe a considerable amount of workforce. According to a Korean newspaper, Samsung is looking to lay off 10 percent of its employees at its headquarters in South Korea. As of June 30, 98,999 employees […]
Samsung unveils new range of USB flash drives
Samsung has been selling SSDs, SD and microSD cards in the market for quite some time and now completing the NAND flash lineup is the newly announced USB flash drives. The new drives feature Samsung’s reliable NAND flash technology along with a premium metallic design. The new USB flash drives come in three different form […]
Samsung SmartThings Hub now available on pre-order
Samsung has been talking a lot about Internet of Things (IoT) but has been coy with its SmartThings acquisition, until now. A new Samsung SmartThings Hub is now available for pre-order or can be purchased when it’s released in early September. There’s not much info at the moment but the improved $99 Hub will now […]