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Samsung Electronics Co., Ltd. (SSNLF)

- Grey Market
  • Nov. 9, 2011, 8:41 AM
    Buoyed by strong demand for its NAND flash and mobile DRAM chips, Samsung (SSNLF.PK) plans to boost its capex and R&D spending by 27% next year. One area of focus will be OLED displays, a positive for PANL. Another will be application processors, which could lead Samsung to put more of its own processors into its smartphones relative to chips from QCOM, TXN, and NVDA. (previously)
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  • Nov. 4, 2011, 4:26 PM
    A Samsung (SSNLF.PK) exec claims Android, which is responsible for most of the company's recent smartphone success, will land on 66% of its devices next year. However, Samsung also wants half of the remainder to run on Windows Phone (MSFT), and the other half to run on its Bada mid-range OS, as it tries to keep from becoming too dependent on Google (GOOG).
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  • Nov. 4, 2011, 9:53 AM
    Sony (SNE -1.6%) drastically cuts its midterm sales target for LCD TVs to 20M from 40M, citing high production costs and earnings that are getting hammered by a strong Yen. The company is also negotiating to exit a highly unprofitable panel-making venture with Samsung (SSNLF.PK). Shares were down 8% in Tokyo trading.
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  • Nov. 4, 2011, 9:39 AM
    The EU seems to have had enough of Apple (AAPL) and Samsung's (SSNLF.PK) patent suit free-for-all (I, II, III): regulators are investigating whether the companies have broken antitrust laws by trying to have each others' products banned, rather than attempting to license their IP on reasonable terms.
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  • Nov. 3, 2011, 12:10 PM
    SonoSite (SONO +21%) shares jump on reports that the bedside ultrasound and cardiograph equipment maker is up for sale and in talks with potential buyers including Samsung (SSNLF.PK). The company reportedly is asking for second-round bids and aims to reach a sale agreement by mid-December.
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  • Oct. 30, 2011, 4:44 AM
    Looking to cut costs at its loss-making TV division, Sony (SNE) wants to sell its nearly 50% stake in its LCD JV with Samsung (SSNLF.PK) to the Korean tech giant, Nikke reports. One probable factor for consideration for Samsung is the poor performance of its own panel ops.
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  • Oct. 28, 2011, 8:08 AM
    Samsung's (SSNLF.PK) ~300% Y/Y growth in smartphone sales shows how much Google (GOOG) has its work cut out for it if it wants to keep Motorola's (MMI) phone business - Motorola's Q3 phone shipments rose only 20%. Meanwhile, Sandisk (SNDK) and Micron (MU) are up slightly on the results and commentary provided for Samsung's memory business.
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  • Oct. 28, 2011, 3:21 AM
    Samsung Electronics (SSNLF.PK): Q3 net profit -23% to 3.44T won ($3.11B) vs. 3.4T won forecast. Revenue +3% to 40.23T. Smartphone sales almost quadruple to a record 27.8M, offsetting weakness in other consumer products and electronic components. (PR)
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  • Oct. 28, 2011, 3:09 AM
    Samsung (SSNLF.PK) grabbed 23.8% of the market for smartphones in Q3, breezing past Apple (AAPL) (14.6%) for the No. 1 spot, Strategy Analytics says. Nokia (NOK) is in third place with 14.4%, but remains the overall leading provider of handsets with a 27.3% share. Samsung is No. 2 with 22.6%. (PR)
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  • Oct. 27, 2011, 2:33 PM
    Whirlpool (WHR +4.4%) applauds a Commerce Dept. preliminary injunction against foreign producers in Mexico and South Korea accused of dumping bottom-mount refrigerators below wholesale prices in the U.S. A spokesperson for the company decides to name names: "When foreign companies like Samsung and LG violate trade laws, they destroy the ability of United States producers to invest, innovate and create jobs here in America."
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  • Oct. 24, 2011, 8:14 PM
    Samsung Electronics (SSNLF.PK) is reportedly planning to boost its capital expenditure in semiconductors to at least $13.2 billion next year, up 50% from the current year.
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  • Oct. 24, 2011, 9:16 AM
    According to a WSJ source, Samsung (SSNLF.PK) passed Apple (AAPL) as the world's largest smartphone maker in Q3, shipping 20M+ phones to Apple's 17.1M on the back of booming Android (GOOG) sales. However, Apple still likely has a dominant share of industry profits, thanks to the iPhone's $643 average selling price.
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  • Oct. 19, 2011, 4:45 AM
    Samsung (SSNLF.PK) and Google (GOOG) unveil their Galaxy Nexus smartphone, which includes facial recognition for unlocking the device. The Nexus also runs on the latter's latest "Ice Cream Sandwich" software, an Android platform that, like Apple's iOS (AAPL), can run on tablets and smartphones.
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  • Oct. 18, 2011, 11:36 AM
    Shares of Whirlpool (WHR -2.5%) get whacked with a downgrade from Goldman Sachs to Sell along with a clipped price target of $42, from $55. Analysts with the firm highlight upcoming supply increases in Brazil from LG Electronics (LGEAF.PK) and Samsung (SSNLF.PK) as pressuring margins.
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  • Oct. 17, 2011, 5:00 AM
    Samsung (SSNLF.PK) carries out a counter-attack against Apple (AAPL) in the firms' IP battle by filing to ban sales of the iPhone 4S in Australia and Japan, as well as the iPad 2 and original iPhone 4 in the latter country. Samsung's president still attended Steve Jobs' memorial service last night, though.
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  • Oct. 14, 2011, 12:07 PM
    While receiving a somewhat-favorable ruling from a U.S. court in its patent war with Apple (AAPL), Samsung (SSNLF.PK) has been shot down in its request for an injunction banning the import of Apple products in the Netherlands. Samsung has also suffered a legal setback in Australia this week.
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Company Description
Sector: Technology
Country: Korea