Last week, one of Samsung’s suppliers was accused of employing underage workers in China and following an initial investigation by Samsung, the supplier – Dongguan Shinyang Electronics Co. Ltd. has been temporarily suspended. Samsung says the latest investigation found some evidence of child labour at the factory and if further investigations prove the supplier to […]
Misc.
Rovi and Samsung renew patent license agreement
Samsung and Rovi have confirmed to extend and renew their patent license agreement. The monetary compensation is under wraps but the multi-year license agreement will enable Samsung to use Rovi’s video discovery patents and technologies across Samsung’s TV and related products. The agreement will also add metadata in new regions where Samsung sells TVs. Samsung […]
Samsung Apps gets an update, changes itself to Galaxy Apps
Samsung is now extending the change from Samsung Apps to Galaxy Apps to the pre-installed app as well. Samsung has rolled out a new software update for Samsung Apps that changes the app to Galaxy Apps. Apart from the change in name, Galaxy Apps now sports a cleaner and more streamlined interface and seems faster […]
Samsung and others form Open Interconnect Consortium for Internet of Things
It is estimated 212 billion connected devices aka Internet of Things will be installed globally by end of 2020 and to improve interoperability between them, Samsung and other companies have formed Open Interconnect Consortium (OIC) that focuses on “defining a common communications framework.” The consortium consists of companies like Samsung, Atmel, Broadcom, Dell, Intel and […]
Q2 2014 Earnings Guidance hints at dismal financial quarter
Samsung today published their earnings guidance for Q2 2014 and going by the estimated figures, the result looks bleak for the Korean company. According to figures based on K-IFRS, Samsung expects consolidated sales to up to 52 trillion won and operating profit at 7.2 trillion won, which is less when you compare it with the […]