After temporarily suspending business with Dongguan Shinyang Electronics Co. Ltd that was alleged in hiring underage workers, Samsung has confirmed that they will reduce business volume with the company by 30 percent. Samsung still maintains zero tolerance policy for child labour but the change of decision from a complete suspension came after Samsung found the […]
Misc.
Samsung publishes Q2 2014 result
Samsung Electronics has released the financial result of Q2 2014 for the quarter that ended on June 30, 2014. Samsung has recorded a revenue of 52.35 trillion Korean won on a consolidated basis, a 2 percent decrease quarter-on-quarter while the operating profit stood at 7.19 trillion won, making it a 15-percent drop from a quarter […]
Samsung has updated Kids Store with more app choices
Galaxy S5 and Galaxy Tab S are equipped with Kids Mode and today they’ve announced an update to the Kids Store, which is a part of Kids Mode. The Kids Store now expands its choices of apps to up to 900 apps and will now be segregated on the basis of age and subject. For […]
BlueStacks gets funding from Samsung Ventures
Samsung Ventures, the investment arm of Samsung Electronics, has confirmed that they’ve funded BlueStacks. There’s no word on the investment price but according to TechCrunch, Samsung has invested about $13 million. The company came to light with its app that allowed users to run Android apps on their Windows or Mac PC but Gamepop is […]
Samsung Mobile managers return part bonuses on account of poor performance
Samsung has already hinted, by way of an earnings guidance, not to expect a strong financial quarter and since the mobile handset division fills up majority of the coffer for Samsung Electronics, some 200 managers working in the mobile division have “voluntarily returned a quarter of their first-half bonuses”. The return of part bonuses will […]