Samsung Electronics Co., Ltd. (SSNLF) - Grey Market
  • Thu, Jun. 2, 12:56 PM
    • Tesla Motors (TSLA -0.7%) took delivery of a large quantity of battery cells from Samsung (OTC:SSNLF) in April, according to reporting from Electrek.
    • A bill of lading seems to confirm that 120 tons of Samsung SDI 18650 battery cells are now in the hands of Tesla.
    • The EV automaker has a small contract with LG Chem for Roadster 3.0 upgrade batteries and a long-time relationship with Panasonic.
    | Thu, Jun. 2, 12:56 PM | 126 Comments
  • Thu, Jun. 2, 8:10 AM
    • May monthly performance was: -4.57%
    • AUM of $2.58M
    • No dividends were paid in May
    • Top 10 Holdings as of 4/29/2016: China Mobile Ltd (OTCPK:CHLKF): 3.79%, China Construction Bank Corp H (OTCPK:CICHF): 3.58%, Taiwan Semiconductor Manufacturing Co Ltd (2330): 2.53%, Ambev SA (ABEV3): 2.15%, Gazprom PJSC ADR (OTCPK:OGZPY): 1.86%, CNOOC Ltd (OTCPK:CEOHF): 1.75%, Samsung Electronics Co Ltd (OTC:SSNLF): 1.7%, Mining and Metallurgical Company NORILSK NICKEL PJSC ADR (OTCPK:NILSY): 1.45%, PJSC Lukoil ADR (OTCPK:LUKOY): 1.41%, Wal - Mart de Mexico SAB de CV Class V (OTCPK:WMMVF): 1.12%
    | Thu, Jun. 2, 8:10 AM
  • Fri, May 20, 4:38 AM
    • Samsung (OTC:SSNLF) has struck a partnership with Alibaba's (NYSE:BABA) financial affiliate on mobile payments as the world's largest smartphone maker looks to expand its presence in China.
    • The collaboration will allow Samsung Pay, the electronics giant's mobile payment system, to work with Alipay, which is currently a separate app on devices and has 450M active registered users.
    • "It reduces friction and time to make a purchase and will increase adoption," said Jack Kent, senior mobile analyst at IHS.
    | Fri, May 20, 4:38 AM | 15 Comments
  • Wed, May 18, 10:47 AM
    • Bernstein (Hold rating) has hiked its Micron (MU +5.9%) target by $1 to $11, and reports top rival Samsung's (OTC:SSNLF) DRAM supply growth is slowing. The firm forecasts the major DRAM oversupply situation that formed last year will turn into supply tightness by 2H17.
    • Bernstein's note follows April Samsung earnings call remarks suggesting the company will pare back its DRAM capacity growth. Likewise, SK Hynix forecast in April industry DRAM capex would drop in 2H16, and that the company would see DRAM shipments rise by a mid-teens % Q/Q in Q2.
    • Today's remarks are more positive than the ones Bernstein made last month, when it argued weak demand and Samsung's efforts to gain share would continue weighing on sales, and that the potential entry of Chinese firms into the memory market could act as a further headwind.
    • TrendForce recently estimated DRAM industry revenue fell 16.6% Q/Q in seasonally weak Q1 to $8.56B. Samsung was assigned a 46.4% share, SK Hynix a 27.1% share, and Micron an 18.5% share.
    | Wed, May 18, 10:47 AM | 16 Comments
  • Mon, May 2, 10:23 AM
    • Following several lawsuits and countersuits filed with the ITC and U.S. federal courts, Nvidia (NVDA +1%) and Samsung (OTC:SSNLF) have settled all litigation between the companies, and also agreed to end USPTO challenges of the other's patents.
    • The deal includes "a small number of patents by each company to the other, but no broad cross-licensing of patents or other compensation." Other terms are undisclosed.
    • The agreement comes five months after an ITC administrative law judge (ALJ) ruled Nvidia infringed three Samsung patents, and (in a separate case) the ITC commission upheld an ALJ's ruling that Samsung didn't infringe two Nvidia patents and that a third patent was infringed but invalid.
    • Nvidia's FQ1 report arrives on the afternoon of May 12.
    | Mon, May 2, 10:23 AM | 21 Comments
  • Mon, May 2, 4:04 AM
    • The tech nerds are calling them "smart eyes," and they're supposed to measure a person's blink, wink, and tilt of the eye to figure out when to record, save and delete video.
    • Sony's (NYSE:SNE) contacts include a camera, a wireless processing component and a storage unit, and differ from Samsung's (OTC:SSNLF) smart lenses patented earlier this month, which rely on a smartphone.
    | Mon, May 2, 4:04 AM | 6 Comments
  • Thu, Apr. 28, 4:12 AM
    • Global smartphone shipments fell for the first time on a year-on-year basis in Q1, contracting 3% to 334.6M units as major markets such China matured and amid consumer concerns about the global economy.
    • Samsung's shipments dropped 4.5% to 79M as its market share slipped to 23.6% from 24%, although the South Korean company retained its crown as market leader.
    • Apple (NASDAQ:AAPL) remained in second place but shipments slumped 16% to 51.2M and its market share deteriorated to 15.3% from 17.7%.
    • The data adds to concerns that the smartphone market has matured to the point that sales growth will be increasingly hard to come by. (PR)
    • Still, Samsung's (OTC:SSNLF) smartphone unit enjoyed growth in its operating profit in Q1.
    | Thu, Apr. 28, 4:12 AM | 40 Comments
  • Thu, Apr. 28, 3:46 AM
    • Samsung Electronics' (OTC:SSNLF) Q1 operating profit grew 12% to 6.68T Korean won ($5.84B) and its revenue 5.6% to 49.8T won as the company benefited from the early release of its flagship Galaxy S7 smartphones.
    • Operating profit at Samsung's mobile unit grew to 3.89T won from 2.74T won a year earlier, and the company expects the unit to continue growing this year, along with its home-appliance and TV businesses.
    • However, analysts are still wondering whether the smartphone market has run out of steam, with Fitch saying that the recovery in Samsung's handset division is likely to be short lived.
    • Shares closed -2.7% in Seoul. PR
    | Thu, Apr. 28, 3:46 AM
  • Wed, Apr. 20, 8:00 AM
    • Singapore will be the first country in Southeast Asia to receive Samsung's (OTC:SSNLF) mobile payment system, which will launch later this quarter.
    • Once available, Singapore will join the likes of South Korea, the U.S. and China, where the service is already up and running.
    • Samsung's announcement comes just a day after Apple Pay launched in the city-state.
    • Now read Samsung Galaxy S6: The Battle Of The 6's
    | Wed, Apr. 20, 8:00 AM
  • Sun, Apr. 17, 9:27 AM
    • Aside from an upgrade by Raymond James on Friday, Brean Capital initiated coverage of Micro (NASDAQ:MU) with a Buy rating and $14/share price target, implying upside of 31%.
    • Brean: "On October 20 2015, Intel (NASDAQ:INTC) unexpectedly announced a plan to convert its 100%- owned CPU fab in Dalian, China into a NAND fab by 2H16. Intel expects to spend at least $3.5B over the next 3-5 years and could spend as much as $5.5B to convert this plant. With Samsung already shipping 3D NAND and other manufacturers following suit, we believe investors are concerned about the potential surfeit of NAND supply in the coming years and view a new large supplier negatively. While difficult to predict the timing of such NAND chips coming on line, we look for more discipline in the NAND industry similar to DRAM and believe both companies will work together to maximize profits.
    • "It is notable that 3D NAND devices are actually manufactured on older process nodes (35nm-50nm). 3D NAND will allow memory manufacturers to continue to increase capacity at a lower cost/GB than planar NAND. All NAND manufacturers have plans in place to move to 3D NAND, with Samsung being the first followed by all other manufacturers who started in the 2H15. In contrast to all other companies using a charge trap design, MU will continue to use a floating gate design for 3D.
    • "The DRAM industry has been under a consolidation wave over the past decade. At this point, the DRAM competitive landscape is much more concentrated, with three providers accounting for more than 90% of the market. While Samsung’s (OTC:SSNLF) behavior over the last year has proven that even under the “new paradigm” in Memory, the industry will still face supply-driven cyclicality. Logically, we believe the overriding consequence of consolidation will result in more disciplined supply growth in order for players to maximize profits, but in this capital-intensive space, we expect supply-driven up and down cycles such as that witnessed in 2013/14 and then 2015/16."
    • Now read Micron: Awkward, But There Is Vision »
    | Sun, Apr. 17, 9:27 AM | 17 Comments
  • Thu, Apr. 7, 2:13 AM
    • Samsung Electronics (OTC:SSNLF) performed better than expected at the beginning of what it has said will be a tough year, pointing to strong sales of its new Galaxy S7 smartphones and operating income that likely increased 10.4% to 6.6T won ($5.7B).
    • While it will disclose full earnings details later this month, Samsung's outlook raises hopes its struggling mobile business is on track to post its first annual profit gain in three years.
    | Thu, Apr. 7, 2:13 AM | 5 Comments
  • Mon, Mar. 21, 10:33 AM
    • The Supreme Court, which typically hears ~1% of the cases appealed to it, has agreed to hear Samsung's (OTC:SSNLF) appeal of the penalties imposed on the company related to Apple's (NASDAQ:AAPL) 2012 victory in a patent infringement suit filed with a Northern California federal court.
    • In December, Samsung paid Apple $548M in damages related to the 2012 ruling - Apple was previously awarded $930M, but an appeals court took away $382M in trade dress dilution damages. Before the S.C., Samsung is challenging the $399M awarded to Apple for infringement of the company's design IP (e.g. rounded-corner front faces, bezels, icon grids), arguing they contributed only marginally to its hardware.
    • A reminder: The disputed funds equal less than 0.1% of Apple's market cap and less than 0.3% of Samsung's, and the fervor of the mobile patent wars has cooled considerably since 2012. In 2014, Apple and Samsung agreed to end their non-U.S. patent battles.
    | Mon, Mar. 21, 10:33 AM | 1 Comment
  • Mon, Mar. 7, 8:15 AM
    • Two years after Samsung (OTC:SSNLF) unveiled Milk Music as a competitor to Pandora, the electronics giant is going to shut down the service as part of an overhaul to its music strategy, Variety reports.
    • It's still unclear what exactly is going to replace Milk Music. Samsung had been in talks with Tidal about a potential acquisition, but the company has denied rumors that the revamp would include such a purchase.
    | Mon, Mar. 7, 8:15 AM
  • Thu, Mar. 3, 9:45 AM
    • Six Flags (NYSE:SIX) inks a deal with Samsung (OTC:SSNLF, OTC:SSNNF) to make the company its official technology partner.
    • The partnership will include the companies working together to introduce Oculus-powered virtual reality roller coasters at nine Six Flags theme parks. The new technology will be introduced on March 10 at the Shock Wave coaster in the Arlington, Texas park.
    • Six Flags CEO John Duffey calls VR a "game-changer" for the theme park industry. Earlier this year at CES, a sneak preview of a VR roller coaster created a buzz even amid the other futuristic gadgets and concepts on display.
    • Cedar Fair (NYSE:FUN) is also working on VR roller coasters.
    | Thu, Mar. 3, 9:45 AM | 6 Comments
  • Mon, Feb. 22, 3:12 AM
    • The trade show saw Samsung Electronics (OTC:SSNLF) and LG Electronics (OTC:LGEAF) unveil their latest flagship devices, seeking to revive sales momentum and buck slowing industry growth.
    • The new Galaxy S7 comes with an improved camera, memory storage, water resistance and a longer battery life, while the LG G5 showed off a similar range of new features.
    • The biggest news, however, was the firms' big jumps into virtual reality. Samsung is teaming up with Facebook to push VR elements into phones and social networking, and the two companies unveiled 360 degree recorders, cameras and viewers.
    • Previously: More from the Mobile World Congress (Feb. 22 2016)
    • Previously: Payment card operators take part in Mobile World Congress (Feb. 22 2016)
    | Mon, Feb. 22, 3:12 AM | 3 Comments
  • Thu, Feb. 18, 11:27 AM
    • UBS states Samsung (OTC:SSNLF) is re-entering the OLED TV market, after having pulled out in 2014 (source: Notable Calls). Meanwhile, Korea's Pulse reports Samsung "may invest" around KRW4T ($3.3B) in OLED TV panel production over the next two years.
    • The site adds Samsung is expected to order equipment for producing 8th-gen OLED panels (can be cut into six 55" OLED TV panels) "in September this year and next year," with annual panel production capacity topping 2M sq. meters in 2018. New Samsung OLED TV sets are expected in 2017 or 2018.
    • LG Display (LPL +0.2%) has already unveiled plans for big OLED TV panel investments. OLED sets have won praise for their thinness, low power consumption, and superior contrast/deeper blacks, High prices have limited sales to date, but prices have gradually declined as production ramps. Sub-$2,000 LG sets are now available.
    • OLED materials and IP provider Universal Display (OLED +3.9%) is having a good day ahead of its Feb. 25 Q4 report. Pulse's report comes three weeks after industrial laser maker Coherent reported receiving major OLED-related orders, while adding shipments will start in calendar Q2 and continue through 2017.
    | Thu, Feb. 18, 11:27 AM | 2 Comments
Company Description
Sector: Technology
Industry: Semiconductor - Broad Line
Country: Korea