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Samsung Electronics Co., Ltd. (SSNLF)

- Grey Market
  • Apr. 5, 2013, 6:22 PM
    Samsung (SSNLF.PK) sold 68M-70M smartphones in Q1, up from an estimated 63M in Q4, according to 5 analysts polled by Reuters. Though the Galaxy S III/IV and Note II receive far more ink, much of this growth is fueled by low-end/mid-range Android models such as the Galaxy Young and Galaxy Fame. These phones, along with Samsung's Rex feature phone line, are adding to the pressure placed on Nokia's (NOK) feature phone ops. Earlier this week, Bernstein reported the S IV's production rate is around 10M units/month. (Samsung Q1 results)
    | 14 Comments
  • Apr. 5, 2013, 2:46 PM
    The mobile patent wars rage on: an ITC administrative law judge rules Samsung's (SSNLF.PK) phones infringe on two more claims of an Apple (AAPL) text-selection patent, while clearing Samsung of infringing a patent related to detecting whether a device is plugged into a microphone jack. In October, the judge ruled Samsung infringed on several Apple patents. A final commission ruling is expected in August. Meanwhile, a German court has invalidated Apple's slide-to-unlock patent, which is being asserted against both Motorola and Samsung.
    | 13 Comments
  • Apr. 5, 2013, 2:50 AM
    Samsung (SSNLF.PK) projects that its Q1 operating profit jumped 53% to 8.7T won ($7.7B), beating estimates of 8.38T won, while sales rose 15% to 52T vs consensus of 53T. Samsung doesn't provide a break-down by unit, nor a net profit figure. Seoul-based analyst Lee Sei Cheol says, "In addition to the Galaxy S3, mini models sold well in emerging markets, including China, Brazil and India." (PR)
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  • Apr. 4, 2013, 3:10 AM
    Samsung (SSNLF.PK) plans to copy Apple - not for the first time, some might say - and set up 1,400 mini stores in Best Buy (BBY) outlets across the U.S. by June. The "Samsung Experience Shops" will not only sell the company's products but also provide customer support. For Best Buy, the move is part of its strategy to fight the phenomenon of showrooming.
    | 4 Comments
  • Apr. 3, 2013, 4:02 PM
    In what's arguably a shot across Google's (GOOG) bow, Samsung (SSNLF.PK) is partnering with Mozilla on a new browser engine called Servo. Google is the default search engine for Mozilla Firefox, but at the cost of sizable traffic acquisition payments (something unneeded for Chrome and the stock Android browser). Google is already reportedly concerned Samsung will demand higher search revenue-sharing payments for traffic coming from its Android hardware, but Samsung's dependence on Google apps and services limits its leverage for now.
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  • Apr. 3, 2013, 12:08 PM
    The Nexus 7 might be about to get cheaper: in addition to predicting a summer launch for the next-gen 7, a source tells Reuters Google (GOOG) is thinking of either selling the device for $149, or selling it for $199 while discounting the current version (starts at $199). The next-gen 7 is also said to have a thinner bezel (like the iPad Mini) and a higher-res display. The reported pricing could put pressure on Amazon (AMZN), which sells the Kindle Fire HD for $199 and the current Fire for $159. Separately, SamMobile reports Samsung (SSNLF.PK) is working on a new high-end 10" Galaxy Tab, and 5.8" and 6.3" "Galaxy Mega" phablets.
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  • Apr. 2, 2013, 7:46 AM
    Television shipments fell 6.3% Y/Y to 238.5M units in 2012, according to a report from IHS iSuppli. The firm isn't overly bullish on the industry with its forecast that TV shipments won't return to 2011 levels until 2015 with the global market saturated. The development means manufacturers may need to discount more to move product. TV blues: Sony (SNE), Panasonic (PC), Sharp (SHCAF.PK), LG, and Samsung (SSNLF.PK).
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  • Mar. 28, 2013, 8:40 PM
    Just 3 chip manufacturers - Intel (INTC), Samsung (SSNLF.PK), and TSMC (TSM) - will account for 57% of 2013 chip industry capex, estimates IC insights. That figure, up from 2012's 54%, drives home the extent chip equipment maker fortunes now hinge on the spending plans of a handful of firms, and also the big lead the industry giants have opened up in economies of scale relative to smaller rivals. IC Insights expects total industry capex to grow 2% this year to $59.8B, after falling 11% last year.
    | 1 Comment
  • Mar. 28, 2013, 12:53 PM
    AT&T (T) will sell Samsung's (SSNLF.PK) Galaxy S IV for $250 with a 2-year contract. Pre-orders start on April 16, but no release date has been announced yet. The S IV's price is $50 above that of the 16GB iPhone 5, and drives home Ma Bell's efforts to lower margin-depressing phone subsidies. Verizon (VZ), which has a habit of following AT&T's lead (and vice versa), could follow suit.
    | 1 Comment
  • Mar. 22, 2013, 10:42 AM
    Will the next Kindle e-reader have a color display? Bloomberg reports Samsung (SSNLF.PK) is trying to sell its Liquavista e-reader display unit to Amazon (AMZN) for less than $100M. Liquavista, based out of Holland, relies on a technology called electrowetting to create low-power color displays. Yesterday, Digitimes reported Amazon has drastically cut Kindle e-ink panel orders for March/April - IHS sees the e-reader market declining 27% in 2013 to 10.9M units. The Digital Reader reported of Amazon's interest in Liquavista in January. (Qualcomm/Mirasol)
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  • Mar. 19, 2013, 10:59 AM
    With iWatch rumors barely a month old, Reuters reports Samsung (SSNLF.PK) is working on a "wearable digital device similar to a wristwatch." A source claims the device will perform many smartphone tasks, but doesn't elaborate. Last week, in tandem with the Galaxy S IV launch, Samsung introduced the S Band, a wristband accessory that counts calories and tracks steps. The product bears a strong resemblance to Nike's (NKE) FuelBand. Update: Samsung confirms it's building a smart watch.
    | 8 Comments
  • Mar. 18, 2013, 6:12 PM
    The Galaxy S IV shows the contrast between Apple's (AAPL) minimalist approach to smartphones and Samsung's (SSNLF.PK) "maximalist" approach, writes Forbes' Anthony Wing Kosner. Whereas Apple carefully weighs the impact of product changes and lets the iPhone speak for itself, Samsung is constantly making big upgrades while promising its phones will change your life. Kosner thinks Apple's low-key approach resonates better in the U.S., but TechCrunch's John Biggs argues Samsung's approach has its strengths. "[Samsung] figured out that people didn’t care about specs. Instead, they care about use cases."
    | 19 Comments
  • Mar. 15, 2013, 7:06 PM
    Following a string of compelling Android phone launches (I, II, III), much of the tech press is underwhelmed by Samsung's (SSNLF.PK) Galaxy S IV. Gizmodo, deeming the HTC One superior: "There's just no wow-factor here." BGR, not a fan of the plastic body: "Samsung’s latest smartphone feels as if it can be snapped in half." VentureBeat, viewing much of the S IV's software as useless and/or inferior to alternatives, predicts the phone "will mark the beginning of the end of Samsung’s smartphone dominance." Is that a fair assessment, or are Samsung's marketing and R&D skills being underestimated? (more)
    | 3 Comments
  • Mar. 15, 2013, 10:12 AM
    Apple (AAPL +1.7%) rallies as the Street takes the launch of Samsung's (SSNLF.PK) Galaxy S IV, which has an impressive spec sheet but has seen mixed early reviews, in stride. Apple's sell-side fans are circling the wagons, with Gene Munster comparing the S IV to an 'S' iPhone launch. Nomura is less sanguine: noting the popularity of bigger displays and stating its checks indicate a bigger iPhone won't arrive in 2013, it thinks Samsung could overtake Apple in high-end smartphone shipments this year on the back of 35M-40M S IV and Note sales per quarter.
    | 34 Comments
  • Mar. 15, 2013, 4:43 AM
    China further continues the internationalization of the yuan by setting up three pilot schemes that ease strict cross-border currency regulations for 13 multi-national corporations, including Caterpillar (CAT), Shell (RDS.A), Intel (INTC) and Samsung (SSNLF.PK), which estimates the scheme will save it $10M a year.
    | 5 Comments
  • Mar. 15, 2013, 4:22 AM
    Three of the first reviews for Samsung's (SSNLF.PK) new Galaxy S IV flagship smartphone range from the mixed to the effusive. The Daily Telegraph describes the device as "evolutionary genius" and the "first of a new generation of smartphones." The WSJ says the S IV has "impressive but less-than-perfect performance," with some of the features not seeming to be "ready for prime time." CNET calls the device an "appealing smartphone," but says it has few "killer" features.
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Company Description
Sector: Technology
Country: Korea