Samsung Electronics officially admitted that it was attacked by a global hacking group, Lapsus$. The company said it has begun to take steps with the Korean government to respond to the attack. However, it made it clear that there was no leakage of personal data about its employees and customers.Sam
Thousands of Korean owners of the Galaxy S22 series, Samsung Electronics' first flagship smartphone model of 2022, are preparing to file a class action suit against the smartphone manufacturer. They claim that the performance of their smartphones is degraded by the Game Optimizing Service (GOS),
Samsung Electronics and LG Electronics are pondering whether to suspend sales activities in Russia.The Ukrainian government has urged Samsung Electronics to suspend sales of its products and services in the Russian market, but the company is still pondering how to handle the Ukrainian government'
As the controversy over the game optimizing service (GOS) of the Galaxy S22 is continuing, minority shareholders of Samsung Electronics have begun to take collective action. They are moving to vote against the appointment of Roh Tae-moon, the new chief of the company's mobile division, as an in-
Samsung Electronics has stopped shipping its products to Russia following the country's invasion of Ukraine, the company told Bloomberg on March 5.The Korean tech giant joined a growing list of global companies, including Apple Inc. and Microsoft Corp., which are halting sales and services in Ru
Samsung Electronics’ Galaxy S22 series, which was expected to set a new sales record, hit a snag -- the forced use of the game optimizing service (GOS). Criticism is growing among consumers as suspicions arose that the Korean smartphone giant tried to solve the overheating problem through forced GOS
Samsung Electronics’ presence In the global mobile application processor (AP) market is decreasing amid a two-way race between Taiwan’s MediaTek and Qualcomm of the United States.Samsung Electronics’ market share stood at only 4 percent in the fourth quarter of 2021, said market research firm Counte
Samsung Electronics and Huawei are stepping up efforts to catch up with Apple in the laptop and tablet PC markets.The Apple iPad accounted for 40.4 percent of the global tablet PC shipments in the third quarter of 2021, which totaled 37.70 million units, according to global market research firm Cana
In 2021, Apple topped the global smartphone market with an overwhelming lead over its competitors in terms of sales revenue. Samsung Electronics, the world’s No. 1 smartphone maker in terms of sales volume, came in second in terms of sales value.Counterpoint Research, a market research firm, said on
Samsung Electronics is planning to unveil new Galaxy Books on Feb. 28. Apple is expected to release new MacBook Pros on March 8. In the laptop market, Apple’s share is much higher than Samsung Electronics’ unlike in the smartphone market.Apple’s new product is 13-inch and comes with the M2 chip deve
An alliance between Samsung Electronics and Google against Apple is showing a sign of breaking down. Google has entered the smartwatch and foldable phone markets, invading Samsung Electronics’ business area.IT tipster Ross Young said on Feb. 19 that Google was expected to start volume production of
The authors are analysts of Shinhan Investment Corp. They can be reached at chank@shinhan.com and hyungwou@shinhan.com, respectively. -- Ed. 4Q21 preview: Sales up 14% YoY to KRW49.5bnDuk San Neolux is expected to have posted 4Q21 operating profit of KRW13.8bn (-3.7% YoY) on sales of KRW49.5bn (+14.
Qualcomm's Snapdragon 8 Gen 1 application processor (AP) has been selected as the brain of the Galaxy S22 to be released in Korea. Until now, Samsung Electronics has used its own Exynos AP for its Galaxy S smartphones for the Korean market, but the practice has been broken. Industry insiders bel
Samsung Electronics has relocated some smartphone production lines of its Vietnamese business partners back to its Gumi plant. The decision was taken after overseas plants, including those in Vietnam, suffered production disruptions due to COVID-19.At the end of 2021, Samsung Electronics moved two p
Samsung Electronics has filed for a patent for a multi-foldable phone that can be folded horizontally and vertically. The new phone combines both the horizontal folding used for the Galaxy Z-Flip and the vertical folding used for the Galaxy Z-Flip.The World Intellectual Property Organization (WIPO)
Samsung Electronics' latest flagship smartphone Galaxy S22 series, which was unveiled on Feb. 10, has received mixed reactions. The Galaxy S22 Ultra is receiving favorable reviews for pen storage, whereas the other less expensive models are not being well received for their similarity to previou
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. The Galaxy S22 series was officially unveiled at SEC’s Unpacked 2022 event. Prices are in line with last year’s models, and the hardware specifications are similar, except that the Galaxy S22 Ultr
Samsung Electronics, Apple, and Xiaomi are expected to heat up competition in the Indian smartphone market in 2022.Smartphone shipments hit 169 million units in India in 2021, said Counterpoint Research, a market research company, on Feb. 9. India ranked second after China (323 million units). Smart
LG Display will supply OLED panels based on low-temperature poly-crystalline oxide (LTPO) technology to Apple for the iPhone 14 series, which will be launched in the second half of 2022, industry sources said on Feb. 8.LTPO is a next-generation thin film transistor (TFT). A TFT serves as an electric
Samsung Electronics maintained its No. 1 position in the European smartphone market in 2021. But it went through tougher competition with Apple of the United States and Xiaomi of China, losing its lead four times in the monthly sales standings.Samsung Electronics maintained its top spot with a 32 pe