Samsung has announced its earnings guidance for the recently concluded Q3 2012. According to the estimates based on K-IFRS, Samsung expects consolidated sales to reach approximately 52 trillion won and an operating profit of approximately 8.1 trillion won. Going by the previous quarter’s reported results, Samsung is expected to have a record quarter. Do […]
Misc.
Samsung Intros New LED Lighting Products
Samsung has expanded its range of LED lighting products with the introduction of 4 LED bulbs and 4 MR16 lamps. LED lights are generally brighter than conventional lights and helps to decrease power consumption, which in Samsung’s case is power efficient by 80 percent and has a replacement cycle of up to 13 years […]
Samsung Files A Motion Against iPhone 5
Samsung had hinted to sue Apple over the iPhone 5 and now they’ve confirmed by filing a request with the court to add the latest iPhone in the list of infringing products. Samsung says they “began their investigation” as soon as the iPhone 5 went on sale and came to the conclusion that iPhone […]
LG Display Sues Samsung Electronics Over Use of OLED Displays
Samsung Electronics has been sued by LG Display in South Korea over the alleged use of OLED displays in its smartphones and tablets. LG Display claims Samsung devices like Galaxy S II, Galaxy S II HD, Galaxy S III, Galaxy Note and Galaxy Tab 7.7 use OLED panels that infringe on seven OLED related […]
JK Shin To Meet Google’s Eric Schmidt In South Korea
At the launch of Galaxy Note II earlier today, Samsung Mobile’s JK Shin confirmed about a meeting with Google’s executive chairman Eric Schmidt. The meeting will take place on Thursday at Samsung’s office in Seoul and although the agenda is kept under wraps, it is widely speculated that both top level executives will discuss […]