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Samsung acquires Fingerprint Cards AB for $650 million (Updated)

October 11, 2013 By kunal Leave a Comment

UPDATE: Much ado about nothing I guess. Shortly after publishing the release, the company claims the acquisition news is “completely false”. The news in today’s media that Fingerprint Cards AB has been acquired by Samsung is incorrect. The previous pressrelease was not sent by Fingerprint Cards AB Trading in the share has been suspended. What […]

Samsung releases Q3 2013 Earnings Guidance

October 4, 2013 By kunal Leave a Comment

Samsung has posted their earnings guidance for the just concluded 3rd quarter. According to the figures based on K-IFRS, Samsung reached consolidated sales of approx. 59 trillion won and operating profit of around 10.1 trillion won. As with every earnings guidance posted by Samsung, these are just an estimate given to investors and media. The […]

Samsung PEN.UP is a social network for S Pen aficionados

October 2, 2013 By kunal Leave a Comment

So you doodle a lot on your Galaxy Note? If your answer is yes, Samsung is trying to bring all likeminded users under one roof with the PEN.UP social networking app. The app is only available for Galaxy Note users and it works similar to Twitter, except everyone is here to share and check out […]

Samsung invests in PowerbyProxi, forms strategic partnership

October 2, 2013 By kunal Leave a Comment

Samsung’s global investment arm – Samsung Ventures Investment Corporation has invested $4 million in PowerbyProxi. The announcement came this weekend and it marks the first investment for SVIC in the wireless power industry. The investment will enable Samsung to work closely with the company that concentrates on solutions for consumers and industrial applications. In a […]

Samsung is the 8th top global brand

October 1, 2013 By kunal Leave a Comment

Interbrand released their latest Brand Valuation report that puts Samsung in the top ten brands of the world. The report puts Samsung in the eighth spot, a rank ahead than in 2012. In the IT industry, Samsung is placed at fourth after Apple, IBM and Microsoft respectively with a brand value of $39.6 billion. The […]

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