Samsung's brand crisis is worse than I thought it would be. The real severity of the problem dawned on me last weekend as I prepared to fly back to Zurich after a vacation with my family. Having just boarded the plane, I was busy getting...Show More Summary
There are many rumors about the Galaxy S8 floating around. And the latest rumor is about an optical fingerprint scanner being integrated into the display.
Samsung just filed its third quarter earnings report, and the results are not looking good. The company’s net profit fell 16.8 percent following the disastrous launch and unprecedented recall of the Galaxy Note 7 smartphone launch. Samsung’s...Show More Summary
Samsung's third-quarter earnings illustrate the huge impact that the Galaxy Note 7 issues have had on the South Korean company. Year-on-year profits are down by a third, year-on-year revenue has dropped by thirty percent. The exploding batteries on the popular phablet has gifted Samsung a gaping chasm in its smartphone portfolio that is going to take months to bridge.
The South Korean company pledges to work with regulators and other outsiders to study the fires that led it to cancel the high-end smartphone.
In the face of mounting pressure to kill off the Galaxy Note brand in the wake of the Note 7 recall, here's a few reasons why that would be a crazy move.
Samsung execs say they're still trying to figure out why its Galaxy Note 7 smartphones were catching fire.
Samsung's mobile division profit and global market share both went up in smoke in the third quarter as the damage from the company's dual recalls and cancellation of its flagship Galaxy Note 7 began to take shape. The company on Thursday...Show More Summary
SEOUL, Korea – Samsung Electronics reported a sharp fall in its quarterly earnings Thursday as the unprecedented recall and discontinuation of the Galaxy Note 7 smartphones wiped out its mobile profit. Samsung’s July-September net income was 4.4 trillion won ($3.9 billion), down 17 per cent from 5.3 trillion won a year earlier. The company’s profit […]
Rumors and leaks about the Samsung Galaxy S8’s specs are continuously showing up online since the release of Galaxy S7 early this year. And now that the iPhone 7 and 7 Plus from Apple have been out in the market for a month, tech fans can anticipate an increasing number leaks and speculations for the... Show More Summary
The Galaxy Note 7 is both the best smartphone Samsung has ever made and its biggest scandal. Multiple Galaxy Note 7 explosions lead to a first recall, which was not sufficient to fix the manufacturing issues that turned the phone into a fire hazard. Show More Summary
This chart of Samsung's mobile sales shows, for the first time, how much money Samsung lost in revenues during the period of the exploding Galaxy Note 7 fiasco. Mobile sales are down 15%: That's a loss of 3.85 trillion won (£276 million or $337 million) in sales. For comparison, this time last year Samsung's mobile sales were up 2%. Show More Summary
Samsung on Thursday acknowledged technical problems that killed off its Galaxy Note 7 may extend beyond its battery, and vowed an ongoing probe would examine all elements of the flagship smartphone.
As expected, Samsung's revenue and profit have fallen sharply in the third quarter of 2016, due to a painful recall of the company's flagship smartphone, the Galaxy Note7, due to combusting battery issues. The company's revenue forShow More Summary
Samsung Electronics said Thursday that it has confirmed 140 cases of the Galaxy Note 7 smartphone overheating or catching fire. Samsung's President Shin Jong-kyun apologized at a meeting with shareholders, saying the company still does not know what is causing the problem.
The grandson of Samsung's founder is stepping up as its new leader after the failure of the company's flagship smartphone, the Galaxy Note 7.
Samsung's got problems: its Galaxy Note devices are bursting into flames, and have been banned from the skies. (more…)
Samsung says the Galaxy S8 will be released not earlier than the upcoming Mobile World Congress slated for February 2017 unlike several rumors suggested. After the Galaxy Note 7 exploding fiasco, rumors about Samsung expediting the release of their next flagship device spread like wildfire. Show More Summary