Samsung has announced that their new breed of Smart TVs have been certified by European certification authority TUV Rheinland. ES8000, ES7500 and ES7000 series TVs were tested against picture quality, brightness, contrast ratio and bunch of Smart TV features like apps, web browser etc. The TVs were certified with the ‘Smart TV Advanced’ certificate […]
Misc.
Samsung’s NAND flash plant in China to cost $7 billion
Samsung’s planned NAND flash plant in Xian, China would cost them $7 billion, including the initial investment of $2.3 billion. It’s a multi-year project and will make Samsung’s largest overseas chip plant that will cater to the demands of world’s biggest telecom market. Late last month, Samsung revealed the intended location of the plant […]
Samsung spent over $9 billion in R&D in 2011
Samsung revealed that they spent the largest amount ever on its Research & Development in 2011. Samsung invested 10.3 trillion won or $9.1 billion in R&D in 2011 which comes to about 6.2 percent of its 2011 sales. This is the first time Samsung Electronics crossed the 10 trillion won landmark. Additionally, Samsung also […]
Samsung and Apple apparently in talks of a settlement
The way things are going currently between Samsung and Apple, a truce between both the companies seem highly unlikely. However, Bloomberg Businessweek’s sources claims otherwise. According to them, top level executives at both the companies “have communicated lately about potential settlement options.” The settlement will be possible because the current Apple CEO Tim Cook […]
Samsung chairman now sued by his nephew’s family for inheritance
Samsung’s chairman, Lee kun-hee has been sued again, this time by his nephew’s family over inheritance. Just like the lawsuits filed by Lee kun-hee’s brother and sister, the nephew’s family is also asking for cash and stock in Samsung subsidiaries. Wife of late Lee Jae-chan (the grandson of the Samsung founder) is seeking 454,847 […]