Samsung today recorded its biggest leap in profits for three years,up 50 percent year-on-year, showing that there is far more to the company than the Galaxy Note 7 saga. The Korean giant reported an operating profit of KRW 9.22 trillion ($7.92 billion) on total revenue of KRW 53.33 trillion ($44.6 billion) for its Q4 2016 period. Samsung […]
After explosions, recalls, and months of bad press, Samsung is attempting to put the drawn out Galaxy Note 7 saga behind it once and for all, with the long-promised official release of the findings of its internal investigation. Samsung mobile chief DJ Koh kick off a packed press conference in Seoul by “deeply” apologizing to […]
There’s no great time to break bad news, of course, but your two best shots are either when no one is looking or when you’ve got enough good news to offset the bad. The former is known in political circles as the Friday news dump; all the bad news suddenly appears while everyone is more […]
Samsung is holding a press conference in three days to explain the defect in the Galaxy Note 7 that forced the product’s recall, but already it is being reported that wrongly sized batteries were what made some units combust. As Samsung prepares to release its findings, a Wall Street Journal report citing “people familiar with the matter” claims the […]
Samsung tonight confirmed that it’s chosen January 23 to announce the long-awaited findings into its investigation surrounding the Galaxy Note 7. The date had been floated earlier this week in a story that also pinpointed the root cause of the explosions as, predictably, a faulty battery. The press conference will be held at the company’s […]
There’s a small glimmer of sunshine for what has been an extremely gloomy year for Samsung. A court in Seoul’s Central District has rejected an arrested warrant for Samsung vice-chairman/heir-apparent Jay Y. Lee that was issued by prosecutors earlier this week. The warrant was a result of bribery and embezzlement charges that also landed South […]
It was understandably difficult for Note 7 owners to abandon their device. After all, it was a well-received handset, save for…that one thing… Still, as Samsung has routinely reported, return rates have been high for the device. At last count, the electronics giant touted a 96 percent return rate on the phone (tied to a bit […]
Samsung is still getting over the Galaxy Note 7, but already an investigation into alleged bribery in its native South Korea is threatening to plunge it into yet another crisis. Prosecutors in Korea today issued an arrest warrant for Jay Y. Lee, son of current company chairman Kun-Hee Lee and its de facto leader. Lee junior stands accused […]
CES is off and running, but nothing truly begins until Samsung gets on stage for its annual show-opening press conference. The Korean tech giant has historically put on quite a show at CES — I’m still trying to scrub Michael Bay’s on-stage meltdown from my memory. However, Samsung has had an explosive year, to say […]
After around a half-decade away, Samsung’s re-entering the gaming space. Today at CES, the hardware giant announced the Odyssey, a portable gaming notebook available in 17.3-inch and 15.6-inch configurations, both sporting a middling 1,920 x 1080 display with a top brightness of 300 nits and HDR video capabilities. Both models sport a seventh-gen Intel Core […]