Samsung has released it’s previous quarter’s (Q3 2014) earnings guidance and it does not look pretty for the world’s largest smartphone manufacturer. As per the figures based on K-IFRS, Samsung Electronics has a consolidated sales of around 47 trillion Korean won and consolidated operating profit at 4.1 trillion Korean won, which is lesser than what […]
Misc.
Samsung to invest $14.7b in semiconductor plant
Samsung has confirmed that they’ll invest $14.7 billion or 15.6 trillion Korean won to setup a new semiconductor plant in South Korea. The plant will be located in Godeok Industrial Complex in Pyeongtaek and will provide jobs to around 150,000 citizens. Samsung says the construction will begin in first half of 2015 with operations scheduled […]
Everpurse 2015 Handbag collection will have batteries from Samsung SDI
Everpurse has teamed up with Samsung SDI to integrate Samsung’s batteries in its 2015 handbag collection. The fashionable handbags will have Samsung’s Lithium-Ion prismatic batteries that will enable users to charge their devices inside the handbag. The purse takes advantage of wireless charging and with Samsung SDI batteries inside the handbag, Everpurse says they were […]
Samsung will invest $560m towards TV Plant in Vietnam
Samsung will continue its heavy investment in Vietnam and has confirmed to invest $560 million to build a “consumer appliance production complex.” The plant will be 700,000 sq. mt in size and will be mainly responsible for producing television sets. Earlier this year, Samsung Display announced to build a display assembly plant that would have […]
Samsung to migrate to Microsoft Word internally
Samsung has confirmed that beginning Jan 1 2015, the company will start using Microsoft Word as the main word processing software in the organisation. The Electronics arm will be the first one to adopt Microsoft’s Word software and will be followed by other Samsung affiliates. Samsung currently uses JungUm Global since 1994 but will migrate […]