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Samsung Electronics Co., Ltd. (SSNLF)

- Grey Market
  • May. 1, 2013, 7:09 PM
    IDC's Q1 tablet figures are even gaudier than Strategy Analytics'. the firm thinks shipments soared 142% Y/Y to 49.2M. Strategy estimates "only" 117% growth to 40.6M units. The main reason: IDC thinks Android (GOOG) shipments surged to 27.8M, giving them a 56.5% share; Strategy only estimates 17.6M. The iPad (AAPL) is estimated to have a 39.6% share, down from Q4's 43.6%. Samsung's (SSNLF.PK) share is believed to have risen to 17.9% from 15.1%, and Amazon's (AMZN) to have dropped to 3.7% from 11.5% (shipment timings are a likely factor). Whereas Strategy thinks 3M Windows 8/RT (MSFT) tablets were shipped, IDC estimates only 1.8M (1.6M Win. 8, 200K RT), with 900K involving Surface.
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  • Apr. 29, 2013, 7:10 PM
    Samsung (SSNLF.PK) is working on an 11" Nexus tablet sporting the Galaxy S4's Exynos 5410 CPU, and an 8" tablet featuring a 1080p OLED display, according to SamMobile, whose Samsung scoops have been pretty accurate. The Tab 8.0 would be a positive for PANL, especially since OLEDs haven't been used much in tablets, but SamMobile suggests Samsung is still contending with OLED screen burn-in. The report comes as Samsung announces the Galaxy Tab 3, a low-end 7" device meant to succeed the Tab 2. IDC estimates Samsung had 15.1% of the tablet market in Q4.
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  • Apr. 27, 2013, 11:03 AM
    Qualcomm (QCOM) managed to get 6 chips in the U.S. version of Samsung's (SSNLF.PK) Galaxy S4, per iFixit's teardown: the high-end APQ8064 app processor, a 4G baseband chip, an audio codec chip, an RF transceiver (beating out SIMO), and 2 power management ICs; the U.K. version uses a Snapdragon 600 baseband/app processor. Also found: a MXIM microcontroller, an SIMG video transmitter, a SWKS 2G power amplifier module, a BRCM NFC chip (likely to go with a combo chip), ATML and SYNA touch controllers, and Toshiba (TOSBF.PK) NAND flash (previous). (Chinese S4 teardown) (Galaxy S III teardown) (also)
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  • Apr. 26, 2013, 1:06 PM
    Universal Display (PANL -2.8%) slumps after Samsung (SSNLF.PK -0.5% in Seoul) posts Q1 results in-line with its projections. As usual, Samsung didn't provide details about phone sales, though it did note smartphone sales fell by a single-digit % Q/Q in the seasonally weak quarter (rivals often fared worse), and expected "weak seasonality to continue" in the smartphone market ahead of a 2H pickup. Still, Galaxy S III sales were steady in Q1 ahead of the S IV launch, and Note II sales rose. Also: Larry Page appears to be a fan of Samsung's OLED displays. (Samsung slides)
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  • Apr. 26, 2013, 5:46 AM
    Samsung (SSNLF.PK) strengthened its lead as the world's top vendor of mobile phones and of smartphones in Q1, IDC estimates. The South Korean giant increased its market share in the latter category to 32.7% from 28.8 a year earlier and shipped more smartphones than the next four providers combined. Apple's (AAPL) share slipped to 17.3% from 23%. The global cellular phone market grew 4% on year to 418.6M devices, with smartphones outshipping feature phones for the first time.
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  • Apr. 25, 2013, 8:28 PM
    Samsung Electronics (SSNLF.PK) says its Q1 profit rose 42% to a record high on strong smartphone sales. Net profit rose to a record KRW7.15T ($6.4B), up from KRW5.05T a year earlier. Operating profit rose 54% to KRW8.8T from KRW5.7T. Sales rose 16.8% to KRW52.9T from KRW45.3T, coming in in line with the company's guidance of KRW51T to KRW53T. The results stand in stark contrast those of Apple (AAPL), which earlier this week reported its first profit drop in a decade and forecast margins to decline in the current quarter ending in June.
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  • Apr. 25, 2013, 5:03 AM
    Notwithstanding some fairly tepid reviews for Samsung's (SSNLF.PK) Galaxy S4, "pre-order demand is much stronger than expected," the company said today, "so it's difficult to rapidly boost supply in the short term." The problem has prompted Sprint and T-Mobile to delay their launches of the device, which is due to be released tomorrow in South Korea and in other countries on Saturday.
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  • Apr. 24, 2013, 1:31 PM
    Samsung's (SSNLF.PK) Galaxy S IV is a superb phone, if one can cope with a cheap plastic feel and too many gimmicks. That seems to be the consensus from the first full reviews. The Verge praises the S IV's display, camera, and performance, but still considers the HTC One a better bet. "The Galaxy S4 is fast and impressive, but it's also noisy and complex." TechCrunch and Gizmodo deliver similar takes. But others (I, II) make the case that more is ultimately better (this mindset has worked for Samsung thus far). The reviews arrive as Sprint and T-Mobile state their S IV launches will be delayed due to inventory issues. Key suppliers: QCOM, BRCM, SYNA, PANL, ATML, RFMD, TQNT. (previous)
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  • Apr. 24, 2013, 12:33 PM
    "You can't see the other side of the trade," says Jim Chanos, holding court on CNBC for the hour. Be careful looking at 13Fs, he cautions, as managers cleverly put on positions designed to hedge or even mask their true intentions (he's currently long DE, but short other machinery stocks). "Servers are PCs on a rack," he says, not surprised Blackstone backed off DELL (he remains short, along with HPQ). Apple (AAPL)? He's long both it and Samsung (SSNLF.PK), but reminds it's more of a hedge against his PC shorts. China - along with any company (VALE) dependent on it - is still a short (presentation).
    | 16 Comments
  • Apr. 18, 2013, 6:52 AM
    Samsung (SSNLF.PK) will consider using chips from SK Hynix (HXSCF.PK) for future products, according to one of the company's top execs. The move to an outside chip supplier is a reversal of the company's previous policy, but could help prevent supply disruptions for models of its Galaxy X smartphone.
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  • Apr. 17, 2013, 2:23 PM
    Though Micron (MU -4.4%) and SanDisk (SNDK -4.2%) have joined a general rout in chip stocks and Apple suppliers, a report from Taiwan's Commercial Times indicates DRAM and NAND flash prices continue to trek higher (previous). Contract prices for mainstay 4GB DDR3 PC DRAM modules are said to have risen 8%-10% in early April, and contract prices for 32Gb (4GB) MLC NAND chips reportedly rose 5%-12%. Samsung (SSNLF.PK) is another beneficiary of this trend. SanDisk reports after the close. (Samsung's purchases)
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  • Apr. 15, 2013, 10:52 AM
    AT&T (T) might be getting Samsung's (SSNLF.PK) Galaxy S IV a month before Verizon (VZ): a Staples training sheet leaked to Engadget indicates an April 26 launch date for Samsung's new flagship device for AT&T, a May 1 launch date for T-Mobile USA, and a May 30 launch date for Verizon. AT&T will start taking pre-orders for the S IV tomorrow; from all indications, international pre-order activity has been quite strong. (previous)
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  • Apr. 12, 2013, 12:54 PM
    Though Samsung (SSNLF.PK) is the world's biggest memory maker and a top LCD maker, the growing needs of its phone/tablet ops are forcing it to turn to 3rd-party suppliers. Digitimes reports Samsung has stepped up its purchases of mobile DRAM chips from Elpida and NAND flash products from Toshiba, and that the electronics giant is also buying 5.8" LCD panels from Taiwanese suppliers for its phablets. The implications for memory/LCD demand and pricing are a positive for rivals MU, SNDK, AUO, and LPL, and perhaps also glassmaker GLW and NAND controller supplier SIMO.
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  • Apr. 11, 2013, 12:46 PM
    In case the 5.5" Galaxy Note II isn't big enough for you, Samsung (SSNLF.PK) is launching its Galaxy Mega line. As previously reported, 5.8" and 6.3" models are offered. However, the specs appear inferior to those of the flagship 5" Galaxy S IV. Whereas the S IV has a 1080p display, the 5.8" Mega has a 960x540 display, and the 6.3" version appears to have a 720p display (not yet confirmed). The processors and cameras also appear inferior to the S IV's quad and octa-core CPUs (depending on model) and 13MP camera. This could give challengers such as Huawei an opening.
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  • Apr. 10, 2013, 6:32 PM
    The sell-side loves Qualcomm (QCOM) these days. The latest proof comes from Sterne Agee, which declares the chipmaker's Snapdragon 600 line to have gained share at multiple OEMs relative to last year's MSM8960 processor, which wasn't exactly a slouch. Sterne also notes reports Qualcomm's chips could go into 70% of Samsung (SSNLF.PK) Galaxy S IV units, a major improvement from its S III share, and that Galaxy S IV pre-orders are around 10M. Canaccord touted Qualcomm's strong 4G baseband position yesterday, and Raymond James last week.
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  • Apr. 10, 2013, 4:54 AM
    South Korean police have searched the offices of Samsung Display (SSNLF.PK) as part of a probe into the alleged theft of technology. The authorities are looking at whether partners of LG Display (LPL) leaked technology secrets and whether Samsung is involved. The companies have been the subject of investigations since last year.
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Company Description
Sector: Technology
Country: Korea