Tag Archives: samsung

Samsung to permanently stop Galaxy note 7

SEOUL— Samsung Electronics Co. said on Tuesday that it is discontinuing its embattled Galaxy Note 7 smartphone, pulling the plug on a product whose botched recall has brought headaches to consumers and damaged the Samsung brand.

Samsung said in a filing with South Korean regulators that it would permanently cease production and sales of the device, following a string of reported incidents in which supposedly safe replacements of the smartphone overheated and in some cases caught fire.

“Taking our customer’s safety as our highest priority, we have decided to halt sales and production of the Galaxy Note 7,” the company said.

Investor fears that the worsening crisis could affect South Korean smartphone giant’s reputation with consumers triggered selling that wiped off about $17 billion from Samsung Electronics’ market value.

Samsung shares tumbled 8%, its biggest one-day decline in eight years, far outpacing the broader South Korean market’s 1.2% pullback. The selloff came after Samsung told Galaxy Note 7 users world-wide on Tuesday to immediately switch off their original or replacement Note 7 s.

read full article here: http://www.wsj.com/articles/samsung-to-permanently-discontinue-galaxy-note-7-smartphone-1476177331

Samsung will submit a folding phones in 2016

According to sources, the Korean edition of ET News in January next year, Samsung will present two folding phone.

The devices will have AMOLED display will have 3GB RAM, microSD slot and the batteries will be built.

According to information both models will differ in used processor – one will bet on the Snapdragon chipset 620, and the other will be equipped with Snapdragon 820.

iphone 6

Samsung will supply chipsets for iPhone

About 75% of the processors that will feed the next generation iPhone will be delivered by Samsung.
It says South Korean‘s Maeil Business Newspaper, which cited an anonymous source from the industry reported GSMarena.

While there is no data for the financial side of the deal, as well as which other companies besides Samsung willsupply the processors, report of Reuters reported that the South Korean company will produce chips at the factory in Austin, Texas.

Namely the Samsung was the company behind the A7 SoC, which was powering the iPhone launched byApple, 5s in 2013.

Subsequently, Apple decided to use the Taiwan TSMC for the development of iPhone and iPhone 6 Plus.

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