Samsung today published their Q2 2016 results and its an upward trend for the South Korean chaebol. For the quarter that ended on June 30, 2016, Samsung reported a revenue of 50.94 trillion won, an increase of 2.40 trillion won YOY and recorded an operating profit for the quarter at 8.14 trillion won, an increase […]
Misc.
Samsung and Nokia expand their patent cross license agreement
Samsung and Nokia have announced the expansion of their patent cross-licensing agreement. The new agreement now covers additional patent portfolios between both the companies. Neither Nokia nor Samsung has specified which patents the agreement covers but Nokia reckons the licensing will have a positive impact on their financials. Earlier this year, Samsung and Nokia reached […]
Samsung announces Earnings Guidance for Q2 2016
It’s that time of the year again – Samsung has published its earnings guidance and it seems Samsung will report a good profitable quarter. According to the estimated figures based on K-IFRS, Samsung expects consolidated sales to be around 50 trillion won whereas operating profit will hover around 8.1 trillion won. As we state for […]
Intel and Samsung form National IoT Strategy Dialogue
Intel and Samsung announced the formation of the National IoT Strategy Dialogue, an initiative to convene like-minded industry partners and organizations to collaboratively develop strategic recommendations for U.S. policy makers on the Internet of Things (IoT). The initiative, to be managed by the Information Technology Industry Council (ITI), will convene ITI’s member companies as well […]
Samsung VR and Samsung Gear 360 Updates
Samsung launched Samsung VR – formerly known as Samsung Milk VR – which now supports user generated content. Creators can load their own 360-degree videos to the Samsung VR platform for sharing and for the first time view them in Samsung Gear VR. Samsung Gear 360 also launched in the U.S., an affordable, high-resolution camera […]