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Samsung Electronics Co., Ltd. (SSNLF)

- Grey Market
  • Wed, Jan. 21, 7:29 PM
    • Though both companies have issued statements denying M&A talks, Samsung (OTC:SSNLF) is "actively pursuing a plan to take over or buy a significant stake in BlackBerry (NASDAQ:BBRY)," Canada's Financial Post reports.
    • The paper has obtained a document prepped for Samsung by i-bank Evercore that "outlines the case for, and the potential structure of a possible purchase of BlackBerry." Though the doc was created in Q4 2014, a source says Samsung remains interested. “I can tell you Samsung is contemplating a purchase. It’s still being pursued right now. Samsung is still evaluating their options."
    • BlackBerry soared a week ago after Reuters reported Samsung had proposed buying the company for a price between $13.35-$15.49/share. Shares quickly gave back most of their gains after BlackBerry denied having talked with Samsung about a buyout offer. Samsung later provided its own denial.
    • BlackBerry has jumped in AH trading to $10.65.
    | Wed, Jan. 21, 7:29 PM | 202 Comments
  • Wed, Jan. 21, 3:18 AM
    • Dealing a blow to Qualcomm (NASDAQ:QCOM), Samsung Electronics (OTC:SSNLF) says it will not use the company's processors for its next version of the Galaxy S, Bloomberg reports.
    • Samsung, the world’s largest smartphone maker, tested a new version of Qualcomm’s Snapdragon chip, known as the 810, but decided not to use it.
    • The new Galaxy S is expected to debut in the first half of this year.
    | Wed, Jan. 21, 3:18 AM | 23 Comments
  • Tue, Jan. 20, 1:42 AM
    • Samsung Electronics (OTC:SSNLF) is considering a stock split, making shares easier to buy and attracting more retail investors, as sliding profits continue to put pressure on the firm.
    • Samsung shares remain well off last year's peak of 1.495M won ($1,380) following a series of quarterly profit declines, but its newly launched $2B share buy-back program and planned dividend increase has helped them recover from multi-year lows.
    | Tue, Jan. 20, 1:42 AM | 3 Comments
  • Fri, Jan. 16, 5:27 PM
    • SamMobile (pretty accurate with Samsung scoops) reports Samsung (OTC:SSNLF) is "ditching the swipe-based fingerprint sensor" found on the Galaxy S5 and Note 4 (among other products) in favor of a touch-based sensor similar to Apple's Touch ID.
    • Like Samsung's existing sensors, the touch area sensors will be built into home buttons. "You wouldn’t have to swipe your finger on the sensor anymore; instead, you would just place your fingertip on the home key – at any angle – then lift it off, and that’s it."
    • Synaptics (NASDAQ:SYNA) supplies the fingerprint sensors for S5/Note 4; the company could get an ASP boost from Samsung's adoption of a touch area sensor. During its FQ1 CC (transcript), Synaptics mentioned it expected to start initial production of a touch area sensor in FQ2 (calendar Q4), and "to see phones in the market in early calendar 2015," customer launch timings permitting.
    • Synaptics' FQ2 report arrives on Jan. 29.
    • Update: It's possible Synaptics rival Fingerprint Cards (FPC - recently partnered with Atmel) has the S6 design win. In September, FPC said it had won a fingerprint sensor design win for "a home button by a Global Tier 1 OEM customer in a flagship model with a target launch date in Q1 2015."
    | Fri, Jan. 16, 5:27 PM | Comment!
  • Wed, Jan. 14, 5:38 PM
    • In response to Reuters' report, BlackBerry (NASDAQ:BBRY) says it "has not engaged in discussions with Samsung (OTC:SSNLF) with respect to any possible offer to purchase BlackBerry."
    • BBRY -11.2% AH. Shares are still up 15% from yesterday's close.
    • Update: The Globe and Mail reports BlackBerry has "shunned a handful of takeover overtures in recent months as its board of directors and largest investor continues to support a restructuring strategy that they expect will deliver greater shareholder value than current acquisition offers."
    | Wed, Jan. 14, 5:38 PM | 103 Comments
  • Wed, Jan. 14, 4:14 PM
    • Samsung (OTC:SSNLF) proposed acquiring BlackBerry (BBRY +29.8%) for a price between $13.35-$15.49/share, according to a Reuters source. BlackBerry closed yesterday at $9.71, and has closed today at $12.60. Shares are up another 3.2% AH to $13.02.
    • According to documents, Samsung's proposed acquisition range implies an enterprise value of $6B-$7.5B, after factoring $1.25B in convertible debt. Execs from both companies reportedly met last week.
    • Reuters states Samsung is interested in BlackBerry's patent portfolio. BlackBerry could also mesh with Samsung's efforts to grow its enterprise presence, strengthen its embedded/IoT offerings, and (though this is easier said than done) lower its Google dependence. The companies announced a BES12-focused enterprise partnership in November.
    • Previously: Samsung reportedly approached BlackBerry about acquisition
    • Update: BlackBerry denies having talked with Samsung about a buyout offer.
    | Wed, Jan. 14, 4:14 PM | 103 Comments
  • Wed, Jan. 14, 3:50 PM
    • Reuters reports Samsung (OTC:SSNLF) approached BlackBerry (NASDAQ:BBRY) about a potential acquisition.
    • BlackBerry has skyrocketed in response. With 118.6M shares (over 24% of the float) shorted as of Dec. 31, short-covering is likely playing a big role.
    | Wed, Jan. 14, 3:50 PM | 140 Comments
  • Wed, Jan. 14, 2:42 AM
    • Samsung Electronics (OTC:SSNLF) has launched the first smartphone that runs its homegrown Tizen operating system, a major step in advancing an alternative to Google's dominant Android platform.
    • The newly released Z1 went on sale in India today for 5,700 rupees ($92) each.
    • Up until now, Tizen-powered smartphones faced a series of delays, including the postponed release of the Samsung Z, which was scheduled to go on sale in Russia in 2014.
    | Wed, Jan. 14, 2:42 AM | 1 Comment
  • Tue, Jan. 13, 2:20 PM
    • Northland Securities reports Samsung (OTC:SSNLF) is purchasing more DRAM equipment, and plans to ramp capacity. The firm thinks Micron (MU -2.3%) is likely to see the most pressure from Samsung's move, since it's a high-cost producer. (source: Notable Calls)
    • Micron is adding to the Monday losses it saw on account of SanDisk's Q4 warning. Shares also sold off in July in response to Samsung capacity expansion fears, but later recovered .
    • Goldman has been voicing concerns about rising DRAM capex for a while. Micron, for its part, struck a positive tone during last week's FQ1 CC about DRAM supply/pricing, and has long been arguing the industry's consolidation has changed its dynamics.
    • Samsung had an estimated 41.7% Q3 DRAM market share. SK Hynix (HKSCF) had 26.5% of the market, and Micron 23.7% (source: Statista).
    | Tue, Jan. 13, 2:20 PM | 30 Comments
  • Thu, Jan. 8, 2:11 AM
    • Confirming its first year of annual profit decline since 2011, Samsung Electronics (OTC:SSNLF) announced today that its fourth-quarter profit likely fell 37.4% Y/Y, hurt by falling sales at its smartphone division.
    • Earlier this week, Samsung pledged to reinvent itself by focusing on the "Internet of things", and promised that all of its devices would soon be connected to the Internet.
    | Thu, Jan. 8, 2:11 AM | 7 Comments
  • Tue, Jan. 6, 3:24 AM
    • Samsung is reinventing itself as a supplier of Internet-connected appliances and wearables as a result of heavy competition and slumping smartphone sales.
    • Stating the plans at the Consumer Electronics Show in Las Vegas, Co-Chief Executive Officer Yoon Boo Keun announced that all Samsung Electronics (OTC:SSNLF) products will be Internet-ready within five years.
    • Samsung will invest more than $100M in developers this year to accelerate its plans.
    | Tue, Jan. 6, 3:24 AM | 2 Comments
  • Thu, Jan. 1, 2:52 AM
    • After failing to launch a Tizen-powered smartphone, Samsung Electronics (OTC:SSNLF) is now attempting to power every one of its Smart TVs in 2015 with its homegrown operating system.
    • Together with Intel (NASDAQ:INTC), Samsung has been developing Tizen for years, with an initial focus of bringing the platform to its smartphones as an alternative to Google’s Android operating system.
    | Thu, Jan. 1, 2:52 AM | 11 Comments
  • Dec. 24, 2014, 11:20 AM
    • Samsung has decided to close its flagship Experience Store in London, after opening around 10 stores across the U.K. since April and launching more than 20 others across Europe.
    • The store had been seen as its main retail base in the country, playing host to a number of product launches in the past year.
    • Samsung’s (OTC:SSNLF) electronics arm has faced a difficult year, suffering from falling earnings due to slumping smartphone sales. In response, the group has executed a management shake-up and cut back on its smartphone portfolio.
    | Dec. 24, 2014, 11:20 AM | 7 Comments
  • Dec. 24, 2014, 8:38 AM
    • Samsung Electronics (OTC:SSNLF) strikes a deal with Sony (NYSE:SNE) to bring PlayStation Now to certain Smart TV models next year.
    • The partnership is part of Sony's strategy to open up the PlayStation system to non-Sony devices.
    • PS Now will be accessible through an app on the Samsung Smart Hut interface.
    • The companies plan to give a sneak peek at the innovation at CES in January.
    | Dec. 24, 2014, 8:38 AM | 1 Comment
  • Dec. 19, 2014, 4:04 AM
    • Looking to boost returns to shareholders amid a slump in earnings, Samsung Electronics (OTC:SSNLF, OTC:SSNGY) is considering increasing its full-year dividend by as much as 50%. A final decision will be made by its board at the end of January.
    • The dividend announcement comes less than a month after the electronics maker said it will buy back $2B of stock amid a company-wide restructuring.
    • Samsung paid out 14,300 won ($13) per share in dividends last year.
    | Dec. 19, 2014, 4:04 AM | 2 Comments
  • Dec. 16, 2014, 11:49 AM
    • Re/code reports Samsung (OTC:SSNLF) is talking with offline payments startup LoopPay about launching an Apple Pay rival that would work with virtually all credit/debit card terminals in existence.
    • Whereas Apple Pay relies on NFC radios to transmit payment data (and thus requires terminals to support NFC), LoopPay's solution transmits a magnetic signal similar to that of a swiped card. Though the technology currently requires a card case or fob to work, Samsung (and other OEMs) could integrate it into future phones.
    • Visa is a LoopPay investor. CEO Will Graylin recently promised LoopPay's tech would be embedded into a 2015 smartphone that would have "massive penetration," but didn't name the maker. He added the deal would also allow LoopPay to work with NFC, which could prove crucial as retailers phase out standard card swipes in favor of chip-and-PIN (EMV) terminals.
    | Dec. 16, 2014, 11:49 AM | 5 Comments
Company Description
Sector: Technology
Country: Korea