The relationship between Apple and Samsung is more than that of a rival, in fact, Samsung has such relations with a lot of its rivals which end up using arts manufactured by Samsung in their products to compete with Samsung. iPhones are no different and they’ll now be more dependent on Samsung than before. Last year Apple placed an order for 100 million 5.5-inch OLED panels from Samsung to be used in the upcoming iPhone 8, with the value being estimated at $2.59 billion. Now they have ordered an additional 60 million panels. Continue reading “Samsung will provide another 60 million OLED panels to Apple”
It has been a while, but Apple has finally become the world’s number one smartphone manufacturer. Well not exactly that, but as long as you only consider the three months in the fourth quarter of 2016, Apple managed to best Samsung’s 17.7% of the global smartphone market with 17.8% market share thanks to the Galaxy Note 7 drama. Apple sold a company record 78.3 million iPhone handsets during the fourth calendar quarter, topping the 77.5 million handsets shipped by Samsung during the same three months. Continue reading “Apple climbs over Samsung to lead smartphone sales for Q4 2016 but Samsung is still number one”
After more than three years at Android smartphone maker Xiaomi, Hugo Barra is exiting the company. The Xiaomi global VP announced his plans to leave the company and return to Silicon Valley in a post on Facebook saying that “the last few years of living in such a singular environment have taken a huge toll on my life and started affecting my health.” He explains that his friends and home are in Silicon Valley, and his family is much closer to that part of the globe than his current home in Beijing. Continue reading “Hugo Barra will leave Xiaomi and return to Silicon Valley”
Following Microsoft’s $26.2 billion acquisition of LinkedIn, one analyst thinks the Redmond tech giant is on pace to become the first tech company to reach a market value of $1 trillion. This, despite the fact that the Redmond-based giant’s market value currently trails both Apple and Alphabet.
Back in February 2015, the market capitalization of Apple (share price multiplied by number of shares outstanding) surpassed $710 billion. At that point, Apple was the first company in history to be valued at over $700 billion. Continue reading “Microsoft could be first trillion dollar tech company, leaving behind Alphabet and Apple”
Anyone viewing the world through the prism of their iPhone screen could be forgiven for thinking they’ve woken up in some kind of alternate reality. After all, Apple Inc’s perennial rival, Samsung Electronics Co, has endured months of public humiliation over the catastrophic failure of batteries in its now-recalled Note 7 smartphone.
And yet, Samsung’s shares on Wednesday hit a record high in Seoul at 1.747 million won, or just under $1,500 a piece bringing over 39% in gains so far this year. This is despite witnessing the biggest drop in its smartphone market share and sales this year. Continue reading “Samsung share prices rise to a 40 year high despite the Note 7”
Morgan Stanley, a financial firm, published a new report estimating that Google’s new premium smartphone, the Pixel (and Pixel XL), will sell 3 million units in the final three months of 2016, generating an estimated $2 billion in revenue for the company. The firm also forecast that the Pixel will sell between 5 million and 6 million units in 2017, generating an additional $3.8 billion in revenue for Google. The estimate is based on the expectation that Google Pixel will retail between $649 and $869 next year. Continue reading “Google Pixel could generate over $5.8 billion in revenues for Google”
Samsung, as you know, is not just a smartphone company. It may be the largest smartphone manufacturer but it is still so much more. A conglomerate, of which Samsung Electronics is the brightest spot.
Two months ago a big US hedge fund called Elliott Associates proposed that Samsung Electronics – the crown jewel of the Samsung Group – should be split into two as in its current form, the company is undervalued by as much as 70 percent due to the company’s “unnecessarily complex” corporate structure. Continue reading “Samsung might split itself into two companies”
Xiaomi is rapidly losing in smartphone sales and it seems like a cause for concern for the fans and industry watchers but the company is no more a startup, and apparently the declining sales won’t affect them according to Xiaomi global vp Hugo Barra.
Barra says, “We could sell 10 billion smartphones and we wouldn’t make a single dime in profits. Basically we’re giving them to you without making any money… we care about the recurring revenue streams over many years.” Continue reading “Xiaomi could sell 10 billion smartphones and not make a profit : Hugo Barra”
Samsung has, for quite some time now, been leading the global smartphone market with its well-made hardware based on strong competitiveness of parts for many years. But as the market gets flooded with cheaper Chinese options that provide a flagship experience with the price of smartphone components coming down, it is getting increasingly difficult to justify the price tag for Samsung’s flagships.
Cheaper device models are able to provide a smooth, joined up experience for the customer once reserved for flagship models. Companies such as MediaTek have introduced new, higher performance mid-range chipsets, and Samsung itself has contributed to this by selling its AMOLED panels at more affordable prices, meaning that more and more models are gaining this once-premium display type. Continue reading “Samsung Electronics will focus more on software going forward, not the hardware”