Errors occurred in Samsung Pay, a simple payment service for Samsung Galaxy users, causing inconvenience to consumers.“A software error occurred during an app update process,” Samsung Electronics said.According to industry sources on March 30, complaints that Samsung Pay was not running were posted
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com -- Ed.We expect SEC’s earnings to remain sluggish through 2Q23, amid slowing memory market conditions. Industry conditions should improve from 3Q23, however, led by supply reductions and increased demand for
In February, thanks to the effects of the newly released Galaxy s23 smartphone, Samsung Electronics dethroned Apple, rising to first place in the global smartphone sales standings.According to sources in the financial investment industry and global market research firm Counterpoint Research on March
Luxury watches are losing their popularity as more and more consumers prefer smartwatches.According to industry sources, Tissot and Hamilton withdrew from the Hyundai Seoul department store last year. In addition, Ferragamo, Fendi, and Gucci watch importers withdrew from multiple department stores t
Apple took the top spot in the global market of premium smartphones costing US$600 or more per unit in the wholesale market last year.Apple enjoyed a 75 percent share of the global premium smartphone market as of last year, said market research firm Counterpoint Research on March 22. During this per
Samsung Electronics is paying keen attention to the impact of phone-based payment service Apple Pay on the simple payment market following its launch in Korea. This is because the Apple iPhone’s share may grow in the Korean smartphone market as Apple Pay will compete with Samsung Pay, which has appe
More than 500 people from the global information technology (IT), consumer electronics and platform industries are participating in the Connectivity Standards Alliance (CSA) that will run for four days from March 20. Participants include mobile and home appliance companies such as Samsung Electronic
The National Intelligence Service is about to initiate screening and authorization procedures regarding quantum cryptography communications products. This means the world’s first commercial quantum cryptography communications are around the corner in South Korea.The first products to be covered by t
Samsung Electronics will enter competition to develop more advanced chips for smartphones and PCs by starting again to develop cores for central processing units (CPUs). The Korean tech giant is planning to lower its reliance on ARM and face off with Apple by loading CPUs of its own design into smar
Apple Pay is about to enter the South Korean market, and the possibility is increasing that Samsung Electronics may turn Samsung Pay into a paid service.The financial authorities recently said that Apple Pay fees of 0.1 percent to 0.15 percent can be imposed on not only consumers and stores but cred
Attention is focusing on the 200 million pixel image sensor of Samsung Electronics’ new flagship Galaxy S23 Ultra. The company said that the image sensor, Isocell HP2, provides the best picture quality at the pixel level.The sensor is equipped with 200 million 0.6 micrometer pixels. Samsung Electron
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed.At its Galaxy S23 Unpacked event, Samsung Electronics (SEC) announced its partnership with Qualcomm and Google to develop XR devices. Under the partnership, Qualcomm will supply key semiconductor c
Samsung Electronics have joined hands with Google and Qualcomm to develop next-generation extended reality (XR) devices. The specific method of their cooperation has not been finalized. But as Apple is about to release a mixed reality (MR) device within this year, the three companies are banding tog
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed.Inventories to decline over time We maintain BUY and TP of KRW80,000 on SEC. Inventories (excl. memory chips) for consumer electronics (incl. TVs) and smartphones have fallen to normal levels, significantly alle
Samsung Display announced on Jan. 24 that it has succeeded in developing the world’s first large-area touch-integrated OLED display. The company has expanded the application of touch-integrated display technology from smartphone OLED panels to medium-sized notebook OLED panels. Samsung Display start
Samsung Electronics kept its top spot in the global smartphone market in 2022 by accounting for 22 percent of worldwide shipments. Apple recorded its largest quarterly market share of 25 percent in the fourth quarter of 2022, but could not overturn the final rankings. The Korean smartphone giant mai
As Samsung Electronics' application processor (AP) Exynos is losing ground in the mobile market, the company may develop it into a brand specialized for automotive electronics and wearable devices.Samsung's flagship smartphone Galaxy S23 series, scheduled to be released early next year, will
Apple Pay is set to debut in Korea early next year, eight years after its launch in the United States. Hyundai Card has signed an exclusive contract with Apple Inc. to introduce the mobile payment service in early 2023.As the introduction of Apple Pay to Korea has begun its countdown, Samsung Pay an
Samsung Electronics and Xiaomi are competing fiercely for a bigger pie in the huge Indian market. The two companies rank first and second in the smartphone and smart TV markets, with a narrow gap in market shares.India has a population of 1.4 billion, but the smartphone penetration rate is only 60 p
Samsung Electronics has promoted a female executive to president for the first time in its history. Lee Young-hee was promoted to president of global marketing for the company's Device eXperience (DX) division. She was previously head of the Global Marketing Center of the DX division.She is the