Page 32 - Samsung

Billion-dollar shake-up: Global tech firms shed over $600 bn m-cap in Q3

Among the top 25, NVIDIA added another $19 billion to its market value in the third quarter, despite a modest 1.86 per cent growth

Samsung launches Galaxy Z Flip5 in yellow colour, announces festival offers

The yellow colour variant joins mint, graphite, cream, and lavender colours that Samsung originally launched the Galaxy Z Flip 5 in earlier this year

Samsung India Electronics profit declines 10% to Rs 3,452 crore in FY23

Samsung India Electronics registered about a 10 per cent decline in consolidated net profit to Rs 3,452.3 crore in 2022-23, according to details shared by market intelligence firm Tofler. The company had posted a net profit of Rs 3,844.9 crore in FY22. Samsung India Electronics posted a 16 per cent increase in consolidated revenue to Rs 98,924.4 crore in FY23. "Samsung India Electronics Pvt Ltd reported its revenues for 2022-23 at Rs 98,924 crore, a 16 per cent jump since the last financial year. "The company further reported a net profit of Rs 3,452 crore during the same fiscal. This is a 10 per cent decrease from the last financial year," Tofler said. Samsung India Electronics recorded a revenue of Rs 85,324.8 crore in FY22. "The company's total expenses for the fiscal were reported as Rs 93,792 crore," Tofler said. The company's profit before tax was down 7.79 per cent to Rs 5,132.20 crore in FY23. Its other income was also down 20.1 per cent to Rs 2,295.50 crore in the prev

Cricket WC 2023: Television sales skyrocket, especially for larger screens

Sales of televisions of size 55-inch and above have grown by 2-2.5 times compared to sales registered during the Shraddh period last year

Samsung's profit slows in sign of semiconductor chip market bottom

Samsung's shares rose as much as 4.4%, their most in more than a month, with some investors saying a 78% decline in operating income was better than they'd feared

Samsung announces festive season offers on Galaxy A-series phones: Details

Samsung is offering instant cashback of up to Rs 3,500 in addition to cashback of up Rs 2,000 on select bank cards. Besides, customers can avail up to 14 months equated monthly instalment

Samsung launches India-exclusive Galaxy Tab A9, Galaxy Tab A9 Plus: Report

The Samsung Galaxy Tab A9 is priced at Rs 12,999 onwards and the Tab A9 Plus starts at Rs 20,999, according to Android Authority

Carriers mulling new search app worried about contract with Google

Samsung Venture officials considered the across-apps search function devised by Branch Metrics to offer "a huge potential opportunity"

Samsung may announce cloud gaming service exclusively for Galaxy devices

It is reported that the Galaxy devices owners would be able to access and play selected games from Samsung Galaxy app store or Game launcher directly on their devices

Ultra-premium buzz: Indian demand for phones priced over Rs 1 lakh doubles

According to retailers, the penetration of EMI schemes in smaller towns in the country has led to a higher demand for these phones

Startup action on display amid shift in the Indian smart TV market

According to Counterpoint data, the market share of brands outside the top five sharply increased from 43.2 per cent in 2021 to 57.4 per cent in 2022

Samsung to launch Galaxy S23FE smartphone in India on Oct 4: What to expect

The Galaxy S23 FE is expected to feature a design similar to its elder sibling, the Galaxy S22 Plus

Tech giants Apple, Samsung likely to benefit from MeitY's new import regime

Meanwhile, companies like HP and Acer, which do not sell mobile phones in India, are likely to miss out

Samsung to start manufacturing laptops in India from next month: Report

The laptops will be made at Samsung's Noida plant, which currently produces mobile phones

Apple outpaces Samsung to become largest smartphone exporter from India

Apple has already grabbed the tag of the largest smartphone exporter from India by value due to its premium and super premium segment

Samsung to receive incentives worth Rs 500 crore under PLI scheme

Samsung Electronics will receive incentives worth Rs 500 crore under the production linked incentive (PLI) scheme for extra production of mobile phones in 2020-21, a senior government official said. The company had claimed a PLI incentive of Rs 900 crore. The claim was filed by the South Korean electronics manufacturer under the Production Linked Incentive scheme for large-scale electronics manufacturing announced in 2020. "The matter has been settled. The company will be getting around Rs 500 crore," the government official, who did not wish to be named, said. On Rs 900 crore, the government had flagged questions and had asked the company to review their claim. When contacted, a Samsung India spokesperson said: We are currently in an advanced stage of discussions with the Government of India on the incentive payout. "Samsung is a committed partner of India for over 26 years. As the leading smartphone player, we have been working closely with various stakeholders to make the PLI

Samsung may introduce Galaxy Ring fitness tracker at Unpacked event in 2024

Samsung is reportedly working on a smart ring with health and fitness tracking capabilities that is expected to launch alongside Galaxy S24 series at the Galaxy Unpacked event early next year

Samsung Galaxy S23 FE appears on the web ahead of official launch: Details

Alleged image of the Samsung Galaxy S23 FE is listed on China's TENAA database, reportedly showing the rear profile of the upcoming fan-edition smartphone

Intel plans for 18A chips by 2025 to challenge Samsung, TSMC dominance

While TSMC and Samsung were making strides in reducing the transistor size in their chips, Intel was still stuck with its Intel 10 (10nm equivalent semiconductor manufacturing process) up until 2020

Samsung announces offers on Galaxy A54 5G, A34 5G ahead of festive season

Launched at Rs 30,999, the Galaxy A34 5G is now available at Rs 26,999 after cashback offers from Samsung