Samsung Electronics Co., Ltd. (SSNLF) - Grey Market
  • Yesterday, 12:35 PM
    • Apple (AAPL -0.2%) has reportedly filed a brief in relation to damages the company believes it should be paid in a smartphone design patent dispute with Samsung (OTC:SSNLF).
    • Reuters reports Apple has requested the Supreme Court rule on the case and not send it back to a lower court.
    • Apple argues Samsung has not presented evidence challenging Apple's position that anything other than the value of a whole smartphone be used in determining damages.
    • Samsung has previously paid Apple $548M related to the patent discord.
    | Yesterday, 12:35 PM | 17 Comments
  • Thu, Jul. 28, 2:42 AM
    • Strong sales of its flagship Galaxy S7 propelled Samsung Electronics (OTC:SSNLF) to its most profitable quarter in two years.
    • Net income rose 1.7% from a year earlier to 5.85T Korean won ($5.2B), while operating profit rose 18% to 8.14T won.
    • Samsung anticipates solid earnings to continue in the second half and is expected to unveil its new Galaxy Note smartphone next week before Apple launches new iPhones in September.
    | Thu, Jul. 28, 2:42 AM | 13 Comments
  • Thu, Jul. 21, 3:37 PM
    • A report by IDC describes a 32% fall in the global smartwatch market and a steep 55% decline in Apple's (AAPL -0.5%) Watch sales from Q2 2015 to Q2 2016.
    • According to this report's data, global smartwatch shipments in Q2 were 3.5M vs. 5.1M Y/Y with Apple contributing 1.6M (-55% Y/Y) and Samsung (SSNLF) 0.6M (+51% Y/Y) to that number. Lenovo (+75%) and LG Electronics (+26%) each shipped 0.3M and the remaining shipments were contributed by Garmin (+25%) and other undisclosed companies.
    • A concern going forward as it relates to this sector, whether this data is accurate or not, is the extended product refresh period Apple has so far adopted for its Watch offering. More than a year after launching (April 2015), a second generation Watch has not been released. With an already extended refresh cycle for the iPhone and though an upgrade is rumored to be released in fall of this year, it remains to be seen what time frame will eventually be adhered to for the Watch.
    • Apple has not commented on this report and has not released official figures regarding Watch sales since April 2015.
    | Thu, Jul. 21, 3:37 PM | 161 Comments
  • Wed, Jul. 20, 3:10 PM
    • The Department of Commerce issues a preliminary antidumping ruling today confirming Whirlpool's (WHR +2.5%) allegations that Samsung (OTC:SSNLF, OTC:SSNNF) and LG are engaging in ongoing unlawful dumping of clothes washers into the United States.
    • As a result of today's ruling, Samsung and LG will be required to pay cash deposits on clothes washers imported into the United States from their production facilities in China.
    • The cash deposit rate for Samsung is 111.09%, and the rate for LG is 49.88% The DOC also decided to apply Samsung's dumping rate retroactively 90 days to remedy its recent efforts to stockpile washers and undermine the effectiveness of the ruling.
    • Source: Press Release
    | Wed, Jul. 20, 3:10 PM | 5 Comments
  • Mon, Jul. 18, 10:40 AM
    • Thinly traded nano cap ParkerVision (PRKR +63.6%) heads north on on a whopping 80x surge volume in response to its announcement that it has entered into a settlement and patent license agreement with Samsung Electronics (OTC:SSNLF)(OTC:SSNNF) for a perpetual global license to ParkerVision's current patient portfolio, subject to certain exclusions.
    • Financial terms of the settlement are not disclosed.
    • ParkerVision filed an ITC complaint and accompanying lawsuits in late 2015 against Samsung (also Apple, LG, and Qualcomm) for allegedly infringing on certain of its wireless networking patents.
    | Mon, Jul. 18, 10:40 AM | 1 Comment
  • Fri, Jul. 15, 8:39 AM
    • Samsung Electronics (OTC:SSNLF) is in talks to acquire a stake in Chinese automaker BYD (OTCPK:BYDDY) to boost its chip business for electric cars.
    • In December, the company created a team to develop automotive-related businesses, seeking a new growth engine to combat the slowing smartphone industry.
    | Fri, Jul. 15, 8:39 AM | 12 Comments
  • Wed, Jul. 13, 3:41 PM
    • Nokia (NOK +5.8%) and Samsung (OTC:SSNLF) have announced an extension of their existing deal allowing both companies to share in specific patent portfolios of the other.
    • "The agreement announced today expands access for each company to patented technologies of the other and reinforces Nokia's leadership in technologies for the programmable world. With this expansion, Nokia expects a positive impact to the net sales of Nokia Technologies starting from the third quarter of 2016," reads the release.
    • Additionally: "With this expanded agreement, Nokia Technologies' annualized net sales related to patent and brand licensing is expected to grow to a run rate of approximately EUR 950 million by the end of 2016."
    • Ramzi Haidamus, president of Nokia Technologies, weighed in as well: "With intellectual property portfolios from Nokia Technologies, Nokia Networks and Alcatel-Lucent, Nokia has a wealth of technologies relevant to mobile devices and beyond.  We welcome this expanded agreement with Samsung which recognizes the strength of our assets, and we continue to pursue new licensing opportunities across a number of diverse industries."
    • BMO Capital Markets has recently reiterated an Outperform rating on Nokia with a $7 target ($5.92 current price).
    | Wed, Jul. 13, 3:41 PM | 12 Comments
  • Thu, Jul. 7, 2:52 AM
    • Six months after it warned that 2016 would be a tough year, Samsung Electronics (OTC:SSNLF) is showing that new technology is beginning to pay off.
    • The South Korean conglomerate said its Q2 operating profit likely rose 17.4% from a year earlier to 8.1T won ($7B) - its highest in more than two years - driven by Galaxy S7 smartphone sales.
    • Revenue for the quarter likely rose 3% to 50T won ($43B).
    | Thu, Jul. 7, 2:52 AM | 8 Comments
  • Tue, Jul. 5, 8:51 AM
    • The U.S. Patent & Trademark Office has published a patent application from Samsung (OTC:SSNLF) that reveals a possible future smartphone with a hingeless dual display,
    • According to Patiently Mobile, the two screens aren't designed to present the appearance of a single seamless display when opened, but would rather benefit note taking with a Samsung Pen.
    • Samsung also designed the smartphone to be light, giving up on adding a heavy mechanical hinge as presented in previous designs.
    | Tue, Jul. 5, 8:51 AM | 1 Comment
  • Fri, Jul. 1, 7:31 AM
    • June monthly performance was: +5.09%
    • AUM of $2.48M
    • 52-week performance vs. the S&P 500 is: 0%
    • $0.12 in dividends were paid in June
    • Top 10 Holdings as of 5/31/2016: China Mobile Ltd (OTCPK:CHLKF): 3.9717%, China Construction Bank Corp H (OTCPK:CICHF): 3.80475%, Taiwan Semiconductor Manufacturing Co Ltd (2330): 2.75233%, Ambev SA (ABEV3): 2.13524%, Samsung Electronics Co Ltd (OTC:SSNLF): 1.77648%, CNOOC Ltd (OTCPK:CEOHF): 1.76186%, Gazprom PJSC ADR (OTCPK:OGZPY): 1.67271%, Mining and Metallurgical Company NORILSK NICKEL PJSC ADR (OTCPK:NILSY): 1.47877%, PJSC Lukoil ADR (OTCPK:LUKOY): 1.33665%, Wal - Mart de Mexico SAB de CV Class V (OTCPK:WMMVF): 1.13755%
    | Fri, Jul. 1, 7:31 AM
  • Tue, Jun. 21, 7:15 PM
    • Samsung Electronics (OTC:SSNLF) says it plans to invest $1.2B in the U.S. over the next four years on "internet of things" technologies aimed at adding computer power to everyday devices.
    • Samsung says its investment will be aimed at a variety of IoT applications, including digital health; “smart machines” such as drones, robots and self-driving cars; and companies making software to process the massive data produced by these devices.
    • The company says the funds will be split evenly between internal research and development and investments in other startups.
    • Samsung’s outlay for the endeavor is large by industry standards but just a fraction of the company’s $14.1B in global R&D spending in 2015.
    | Tue, Jun. 21, 7:15 PM | 1 Comment
  • Fri, Jun. 17, 2:09 PM
    • Japan's Nikkei reports Samsung (OTC:SSNLF, OTC:SSNNF) plans to spend KRW8T ($6.82B) in 2016 to increase its smartphone OLED panel capacity by over 50%, or more than 200M/year. Samsung is believed to already have the capacity to produce 300M+ smartphone OLED panels per year.
    • The report follows ones indicating Apple (NASDAQ:AAPL) plans to launch iPhones featuring OLEDs in 2017, with some of the reports stating Samsung and LG Display (LPL -0.3%) will be among the suppliers. A Korean news service reported in April Samsung will supply 100M 5.5" OLEDs annually to Apple starting next year. The Nikkei suggests Apple will partly rely on OLEDs for its 2017 iPhone lineup.
    • OLED materials/IP provider Universal Display (OLED +0.3%) has moved slightly higher following the report. Industrial laser maker Coherent (COHR -0.4%) also stands to benefit from major OLED investments, as does chip equipment giant Applied Materials (AMAT -1%).
    | Fri, Jun. 17, 2:09 PM | 22 Comments
  • Wed, Jun. 15, 12:30 PM
  • Thu, Jun. 9, 12:47 PM
    • Q1 Worldwide Business smartphone shipments of 92.2M units fell 21% Q/Q, and increased 0.5% Y/Y according to Strategy Analytics.
    • Worldwide Business tablet shipments of 17.3M units fell 34.5% Q/Q, and 9.8% Y/Y.
    • Weak global demand, slowing economy and higher inventory hampered the growth of both BYOD and corporate-liable markets.
    • "Longer life cycles, increased competition from other categories such as larger smartphones/phablets, combined with the fact that end users can install the latest operating systems on their older tablets has stifled enthusiasm for these devices in both BYOD and corporate-liable environments. In addition, Q4 2015 registered a strong quarter for business tablets, hence a soft first quarter of the year is not unusual," said Andrew Brown, ED of Enterprise Research at Strategy Analytics.
    | Thu, Jun. 9, 12:47 PM | 50 Comments
  • Tue, Jun. 7, 11:44 AM
    • Samsung SDI (OTC:SSDIY, OTC:SSNLF) rose sharply in trading in Seoul today after more reports emerged indicating that the company is in advanced talks with Tesla Motors on a battery supply deal.
    • Samsung SDI declined to confirm to the Korea Herald if a deal with Tesla is about to be struck.
    • Shares of Panasonic (OTCPK:PCRFF, OTCPK:PCRFY) fell in Tokyo by about 2% on Monday, but tracked back higher by 1% today.
    • Tesla Motors (NASDAQ:TSLA) is up 4.95% to a session high of $231.63. Ron Baron was talking up Tesla on CNBC this morning (nothing new) on top of the battery news.
    • Previously: Tesla Motors brings in battery cells from Samsung (June 2)
    | Tue, Jun. 7, 11:44 AM | 202 Comments
  • Tue, Jun. 7, 3:05 AM
    • Two new Samsung (OTC:SSNLF) smartphones featuring bendable OLED screens are expected to be unveiled as soon as early 2017, Bloomberg reports.
    • One model is said to fold in half like a cosmetic compact, while the other has a 5-inch display that "unfurls" into a tablet-sized 8-inch panel.
    • The new devices, which are codenamed "Project Valley" and won't be dubbed Galaxy S models, may be announced as soon as the Mobile World Congress.
    | Tue, Jun. 7, 3:05 AM | 7 Comments
Company Description
Sector: Technology
Industry: Semiconductor - Broad Line
Country: Korea