Samsung has fired the head of Samsung Engineering Co. for a water tank explosion that occurred last Friday. The group held the chief responsible for the incident that killed three and injured twelve workers after the water tank exploded as the flying debris hit them. The 1300-ton steel tank was being built for Samsung MEMC […]
Misc.
Samsung-made Retina Display could power next iPad mini’s display
Apple’s next-generation iPad mini is expected later this year and it seems they’ve tapped Samsung for its high-resolution display. According to a Wall Street Journal report, the new iPad mini will have a Retina Display and Samsung will most likely be one of the suppliers of the panel. Apple is known to buy panels from […]
Samsung looking to acquire Novaled that specialises in OLED tech
UPDATE: Samsung and its affiliate, Cheil Industries has bought the company. More here. Back in 2011, Samsung’s Venture Capital arm, Samsung Venture Investment Corporation (SVIC) invested in a German company called Novaled. Now Bloomberg reports that the Samsung Group is in final stages to acquire Novaled. The confirmation also came from Cheil Industries – Samsung-owned […]
IDC: Samsung shipped 113.4m handsets, including 72.4m smartphones in Q2 2013
Samsung today released their Q2 2013 numbers and though they’ve stopped revealing mobile handset shipment figures, market research company IDC claims Samsung shipped 113.4m mobile phones in the last quarter. This number from IDC also includes smartphones, which according to their research have sold 72.4m units and have a market share of 30.4 percent, about […]
Samsung releases Q2 2013 results
Samsung today posted the financial result of second quarter of 2013 that ended on June 30, 2013. The consolidated revenue for the quarter reached 57.46 trillion, which is a 9 percent increase over the last quarter with the operating profit reaching 9.53 trillion won and the net profit at 7.77 trillion won. Also, when comparing […]