Samsung Electronics Co., Ltd.Grey Market
Today, 2:39 AM
- The upcoming Samsung Galaxy S8 (OTC:SSNLF) may become the next popular phone to forgo the headphone jack, according to SamMobile.
- The move will not only help keep the device thin, but will also allow it to pack in a bigger battery.
- It's also speculated that the handset is ditching the home button for an optical finger recognition system inside of the display - giving Android users an edge-to-edge screen.
Yesterday, 5:01 PM
- Western Digital (NYSE:WDC) updates on revenue, now expecting $4.75B over $4.7B prior, gross margin, now at 36% over 35%, operating and net interest expenses, with respective expectations of $805M and $205M to remain unchanged, tax rate, to 13% from 14%, and EPS, to $2.10-$2.15 from $1.85-$1.95. Full release of the company's Q2 report is scheduled for late January.
- Separately notes a royalty-bearing agreement with Samsung Electronics (OTC:SSNLF) has been renewed for the cross-licensing of both companies' semiconductor patent portfolios, predominantly covering multi-level flash memory and flash storage systems. Renewed collaboration to remain effective through December 31, 2024.
Yesterday, 10:30 AM
- By the U.S. Supreme Court, effectively throwing out a $399M penalty previously levied against Samsung Electronics (OTC:SSNLF) involving dispute over certain iPhone (AAPL +0.4%) intellectual property. The decision notes profits are to be considered on an individual component basis, as opposed to profits derived from the sale of a whole product, the latter method representing original calculation for the $399M figure.
- The case now returns to lower courts for further proceedings.
Yesterday, 3:42 AM
- At an unprecedented parliamentary hearing, Samsung (OTC:SSNLF) Vice Chairman Lee Jae-yong apologized for the conglomerate's involvement in South Korea's political scandal, but denied that the group paid bribes and said it was a victim of extortion.
- Others business tycoons grilled during the session included the chiefs of Hyundai (OTC:HYMLF) and Hanjin (OTC:HNJSF).
- Previously: End is near for South Korea's Park (Dec. 06 2016)
Mon, Nov. 28, 2:07 AM
- Under pressure from Elliott Management, Samsung Electronics (OTC:SSNLF) is considering splitting itself in two, Seoul Economic Daily reports.
- Separate holding and operating companies would allow heirs of the founding Lee family to strengthen their grip on the global smartphone leader, the crown jewel of the Samsung Group business empire.
- Samsung's board of directors will meet tomorrow to respond to the activist hedge fund's proposals.
Mon, Nov. 21, 8:22 AM
- A global recall of fire-prone Galaxy Note 7s doesn't appear to have hurt U.S. consumers' willingness to buy Samsung (OTC:SSNLF) phones, according to newly released opinion poll from Reuters/Ipsos.
- The survey conducted Oct. 26 to Nov. 9 found that current Samsung smartphone users were as loyal to their brand as iPhone customers.It also found that people who knew about the recall were as interested in Samsung devices as those who did not.
Thu, Nov. 17, 9:10 AM
- Samsung Electronics (OTC:SSNLF), having begun mass 10nm processor fabrication last month and consequently becoming the first within the industry to do so, is capable of producing 10nm chips with 30% greater efficiency, 27% higher performance and 40% lower power consumption over its previous 14nm technology.
- Qualcomm's (NASDAQ:QCOM) Snapdragon 835 is at present in production and expected to ship commercially in H1 2017.
- Additionally bundled with the development, Qualcomm's fast-charging technology has been upgraded to Quick Charge 4, which will become available with Snapdragon 835. Associated Dual Charge technology will enable 20% faster charging times and up to 30% greater efficiency over the Quick Charge 3.0 predecessor. A five or more hour battery extension for premium smartphones is also claimed on five minutes of charging.
- Get small, go big: Meet the next-gen Snapdragon 835
Wed, Nov. 16, 1:02 PM
- Regarding the Linux Foundation, Microsoft (MSFT +0.8%) joins as a Platinum member, representing a stark departure from the company's previously held viewpoint on the open-source operating system model. The company, however, has increased participation and focus within and on the open-source community of late.
- Google (GOOG, GOOGL), meanwhile, becomes a member of the .NET Foundation's Technical Steering Group, joining other participants in the Microsoft-initiated organization and further highlighting a growing focus on open development.
- Samsung Electronics (OTC:SSNLF), already inclusive of .NET, is thirdly highlighted in today's announcement to be making available a preview of Visual Studio Tools for Tizen, which target developers and enable the construction of .NET apps across Samsung Electronics TVs, wearables, mobile devices and other various IoT devices.
Wed, Nov. 16, 9:52 AM
- The Los Angeles Auto Show is off and running this week, with technology companies stealing some of the early headlines.
- Samsung (OTC:SSNLF) got the ball rolling with its huge acquisition of Harman (NYSE:HAR), while Amazon dazzled many by showcasing its connected-car Blue Link technology that uses the AI-heavy Alexa in Hyundai cars.
- Ride sharing platforms are on display, led by BMW's Reach Now program which is a potential Uber (Private:UBER) X competitor.
- Edmunds.com may have sent a bit of shock wave through the auto retailer sector by demonstrating its advanced messaging platform that uses Facebook Messenger to help direct buyers to cars.
- Then there is Olli which is the first self-driving vehicle to use IBM (NYSE:IBM) Watson as its brains.
- There are plenty of new models on display at the Staples Center - including the Alfa Romeo Stelvio, Volkswagen e-Golf, Land Rover Discover, Porsche Panamera and Mazda CX-5. The first look at the Jaguar all-electric I-Pace SUV is one of the more talked about introductions.
- The all-electric Chevy Bolt and Tesla Model X mobile design studio will also be making an appearance in LA. Expect some updates on both as the GM vs. Tesla war starts to get ratcheted up.
- Related automobile sector stocks: GM, F, TM, FCAU, HMC, OTCPK:NSANY, TSLA, OTCPK:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BMWYY, TTM, TSLA, AN, KMX, SONC.
Mon, Nov. 14, 3:24 AM
- Samsung Electronics (OTC:SSNLF) is buying Harman International Industries (NYSE:HAR) for $112 a share in cash, or a total equity value of about $8B.
- The deal - Samsung's biggest acquisition in its history - will reshape the pecking order in the global automotive supply chain, reflecting an increased role for companies with deep pockets and a keen understanding of mobile services.
- Harman will operate as a standalone subsidiary, and Samsung plans to retain the company's work force, headquarters and facilities.
Tue, Nov. 8, 1:13 PM
- Precise Biometrics (OTCPK:PRBCF) and Samsung Electronics (OTC:SSNLF) entered a partnership in which the former will provide fingerprint software for Samsung's sensor solutions. The development has in turn led to concern Synaptics may lose business from Samsung because of it.
- Cowen and Company's Robert Stone, however, isn't moving on a $75 target (current price $51.84) and Outperform rating for Synaptics on the news. Notes Samsung has utilized a combination of hardware algorithms in the past and that software generally comprises a comparably small piece of overall value. Additionally sees Samsung developing an under-glass design for the forthcoming Galaxy S8 and believes a tight hardware, software integration will be necessary. Assumes Synaptics would remain involved in sensor and software supply should that be the case.
- Syanptics (NASDAQ:SYNA) shares had fallen nearly 10% earlier in the day, though have reversed 5.86% upward intraday since that point.
Tue, Nov. 8, 3:31 AM
- Samsung's (OTC:SSNLF) exploding phone problem is far from over. A woman's Galaxy J5 reportedly caught fire and exploded in Pau, France this weekend, although she managed to toss it away before the back of the handset blew off.
- Separately, South Korean prosecutors have raided the offices of Samsung Electronics to investigate whether the company improperly provided financial assistance to a daughter of the president's friend, Choi Soon-sil.
Mon, Nov. 7, 7:37 AM
- KGI's Ming-Chi Kuo sees Q1 iPhone shipment volume of just 40M-50M units vs. 51.2M a year previous. As for Q2, 2016 came in better-than-expected thanks to strong demand for the new iPhone, but Q2 of 2017 won't see a new iPhone SE, says Kuo, as Apple (NASDAQ:AAPL) will want to avoid cannibalization of high-end models. Without that contribution, iPhone shipment volume will hit just 35M-40M units vs. 40.4M seen a year earlier.
- The upshot for suppliers, he says, will be pressure from Apple to cut costs. Those with weak bargaining power (most iPhone suppliers fall into this category) will certainly have to come through with price cuts. A select few, however, have stronger bargaining power with Apple, and may even be able to raise prices - Samsung (OTC:SSNLF) is a primary example.
- Shares +1.25% premarket - inline with surging stock index futures.
Sun, Nov. 6, 3:36 AM
- Looking to rebound from its Note 7 fiasco, Samsung Electronics (OTC:SSNLF) plans to adopt a voice-based digital assistant for its upcoming Galaxy S8, Reuters reports.
- The agent will be based on work by Viv Labs, an AI firm that Samsung acquired this October.
- The founders of the company already have a strong track record in the field as the creators of Siri, which Apple bought in 2010.
Fri, Nov. 4, 10:11 AM
- The Consumer Products Safety Commission recalls 2.8M washing machines manufactured by Samsung Electronics (OTC:SSNLF) due to the risk of a detaching top.
- The recall action impacts 34 different washing machine models.
- Whirlpool (NYSE:WHR) sits in a better competitive position due to the recent manufacturing headaches at Samsung.
- CPSC recall notice
Tue, Nov. 1, 12:55 PM
- To enhance production and meet demand for advanced system-on-chip solutions.
- The division, Samsung Austin Semiconductor, previously disbursed $4B on the plant in 2010.
- Samsung Electronics (OTC:SSNLF), the second largest semiconductor maker globally behind Intel, continues to ramp focus on components aimed at not just its own, though other mobile and electronic device makers' products.
- Related: Samsung Electronics commences mass 10-nanometer processor fabrication