Competition in the premium OLED TV market is expected to heat up in South Korea as Samsung Electronics makes a comeback in the space after a 10-year hiatus.
According to Yonhap News Agency citing industry sources on Tuesday, Samsung Electronics will begin rolling out QD-OLED TV models which use Samsung’s quantum-dot technology, alongside Neo QLED 8K TVs and Neo QLED TVs domestically on Thursday.
LG Electronics, which has a 60 percent market share of the global OLED market, is also planning to launch new OLED TVs sometime next week.
Samsung Electronics is poised… to expand… its manufacturing presence… in the U.S. state of Texas… over the next two decades… by building… 11 new chip plants.
According to documents… filed with Texas authorities… the South Korean tech giant has applied… for tax cuts… on a 167-point-6 billion dollar investment plan… for 9 new plants… in Taylor… and 24-point-5 billion dollars… for 2 new facilities in Austin.
Now… this is… in addition… to two factories… already in Austin… and… one…. that’s currently in operation… in Taylor.
Samsung reportedly plans… to create 10-thousand jobs… with its latest undertaking.
South Korean companies were again the number one brands last year in the global TV market.
According to market research firm Omdia, based in London,… Samsung Electronics had the biggest share of the global market in terms of sales value… at 29-point-5 percent.
That marks 16 years in a row it’s been number one.
Its domestic rival LG Electronics came second… with an all-time high market share of over 18 percent.
The two companies leadership in the market was backed by robust demand for their high-end TVs the QLED models from Samsung and the OLED models from LG.
Samsung Electronics has retained its number one spot in the global smartphone market for this year’s third quarter.
A report from Counterpoint Research shows the South Korean tech giant held 20 percent of the market share from July to September followed by Apple’s fourteen and Xiaomi’s thirteen percent.
Samsung Electronics shipped 69-point-three million smartphones in the three-month period.
With increased competition, though, the number of countries where Samsung enjoyed a leading position dropped from 46 two years ago to 43 now.
Samsung Electronics will supply its Galaxy S21 Olympic Edition to all Olympic and also Paralympic professional athletes, going non-contact with its marketing approach ahead of the upcoming spectator-free showing off occasion.
As the around the world Olympic companion considering that 1988, South Korea’s tech titan will provide 17-thousand of their latest version smartphone featuring a Phantom Blue back panel with gold accents.
The Olympic logo has actually been placed on the back of the tool, although other key specs are the very same as the original design.
Samsung will certainly support the Olympic Games through to Los Angeles 2028, as well as the Youth Olympic Games, additionally till 2028.
Samsung Electronics will provide its Galaxy S21 Olympic Edition to all Olympic and Paralympic athletes, going non-contact with its marketing strategy ahead of the upcoming spectator-free sporting event.
As the worldwide Olympic partner since 1988, South Korea’s tech giant will offer 17-thousand of their latest edition smartphone featuring a Phantom Blue back panel with gold accents.
The Olympic logo has been put on the back of the device, although other key specifications are the same as the original model.
Samsung will support the Olympic Games through to Los Angeles 2028, as well as the Youth Olympic Games, also until 2028.
Despite the financial after effects from COVID-19, South Korea’s Samsung Electronics and also Naver performed strongly throughout 2020.
Solid need for memory chips was key to Samsung’s success, while the portal site Naver mainly enjoyed the benefit of more individuals staying within.
Kim Sung-min records.
South Korean tech titans, Samsung Electronics and also Naver on Thursday both posted sharp increases in earnings for 2020.
Samsung Electronics has approximated in 2015’s operating revenues to be the fourth-largest on record, … at around 32-point-5 billion U.S. dollars.
That is a dive of nearly 30 percent from the previous year, … despite the economic reaction from COVID-19.
Sales edged up simply reluctant of 3 percent, … amounting to some 213-billion bucks.
In the 4th quarter of last year, Samsung uploaded an on-year jump of 26 percent in operating profits, … though it was smaller sized than the previous quarter, … when the company racked up record quarterly profits of 11 billion dollars.
Analysts claim that regardless of strong memory chip sales as well as display earnings, … lower chip prices and also a weak U.S. dollar might have dragged down the business’s fourth-quarter revenues.
Samsung says its overall earnings will certainly compromise in the initial quarter of 2021 because of unfavorable currency activities along with the expense of brand-new manufacturing lines.
At The Same Time, South Korea’s leading net site operator Naver saw its sales in 2020 rise greater than 21 percent on the back of the non-contact fad in the middle of the coronavirus pandemic.
Its operating profits likewise jumped 5 percent to 1-point-1 billion dollars.
This was greatly as a result of record-breaking profits in the fourth quarter of in 2015, … thanks to solid growth in its online-payment, web content and also shopping services.
Driven mostly by its search system, cloud, and fin-tech fields, … Naver’s Q4 sales in 2020 leapt around 28 percent, … while operating revenues bordered up greater than 17 percent.
Components sales also saw a 21 percent rise as Korean webtoons increased internationally.
Kim Sung-min, Arirang News
Despite the economic fallout from COVID-19, South Korea’s Samsung Electronics and Naver performed strongly throughout 2020.
Solid demand for memory chips was key to Samsung’s success, while the portal site Naver largely reaped the benefit of more people staying inside.
Kim Sung-min reports.
South Korean tech giants, Samsung Electronics and Naver on Thursday both posted sharp increases in earnings for 2020.
Samsung Electronics has estimated last year’s operating profits to be the fourth-largest on record,… at around 32-point-5 billion U.S. dollars.
That is a jump of almost 30 percent from the previous year,… despite the economic backlash from COVID-19.
Sales edged up just shy of 3 percent,… amounting to some 213-billion dollars.
In the fourth quarter of last year, Samsung posted an on-year jump of 26 percent in operating profits,… though it was smaller than the previous quarter,… when the firm racked up record quarterly profits of 11 billion dollars.
Analysts say that despite strong memory chip sales and display profits ,…lower chip prices and a weak U.S. dollar may have dragged down the company’s fourth-quarter earnings.
Samsung says its overall profit will weaken in the first quarter of 2021 due to unfavorable currency movements as well as the cost of new production lines.
Meanwhile, South Korea’s top internet portal operator Naver saw its sales in 2020 soar more than 21 percent on the back of the non-contact trend amid the coronavirus pandemic.
Its operating profits also jumped 5 percent to 1-point-1 billion dollars.
This was largely due to record-breaking earnings in the fourth quarter of last year,… thanks to solid growth in its e-commerce, online-payment and content businesses.
Driven largely by its search platform, fin-tech, and cloud sectors,… Naver’s Q4 sales in 2020 jumped around 28 percent,… while operating profits edged up more than 17 percent.
Contents sales also saw a 21 percent increase as Korean webtoons expanded globally.
Kim Sung-min, Arirang News
Samsung Electronics is releasing a fresh array of mobile phones, loaded with the finest technology as well as most stunning-looking displays.
South Korea’s technology titan revealed its most current 5G-capable flagship Galaxy devices, … the S21 line, on Thursday the last day of Consumer Electronics Show.
Eum Ji-young records.
AI-powered video cameras, bold brand-new designs and also ultra-fast cpus.
These are simply a few of the reducing side attributes that Samsung Electronics states will certainly be carried by its most current line of Galaxy smartphones.
Samsung on Friday, Korea time, unveiled its Galaxy S21 collection online.
” Galaxy S21 is groundbreaking on all fronts. The fastest chip ever on Galaxy along with our most total software and also customer experience.”
There are 3 kinds in varying sizes, … the Galaxy S21, S21 plus as well as one with the biggest 6-point-8 inch display screen, … called Ultra.
The premium Ultra version was the highlight of the unpacked occasion.
It includes Samsung’s most innovative pro-grade cam and also the most dazzling display ever before seen in a smartphone.
” People take a great deal more photos than they utilized to. They take much better top quality pictures than they utilized to and also having a very easy to utilize really top quality video camera is really pretty motivating. I anticipate Samsung to press the side of the envelope with that with Galaxy S21.”
The S21 and S21 plus will certainly be available from January 29th as well as can be pre-ordered from the business’s web page.
The market price starts at 799 U.S. dollars for the S21 as well as 999 dollars for the S21 plus.
” Because sales of the previous flagship S20 collection were reduced as well as the iPhone 12 is marketing well, it seems Samsung Electronics is attempting to decrease the cost below one million Korean won in order to optimize sales.”
The Ultra will retail at 1,199 bucks as well as goes on pre-sale on Friday.
International market researcher Counterpoint Research claims sales of the S21 series are anticipated to be above those of last year’s flagship Galaxy S20.
It anticipates 28 million S21 tools to be sold worldwide by the end of this year, … regarding 8 percent more than last years’ sales of the S20 series.
A researcher at Counterpoint says U.S. assents on Chinese technology firm Huawei and also Samsung launching the collection one month previously than its typical launch day are most likely to have a positive effect on sales.
Eum Ji-young, Arirang News.
Samsung Electronics is launching a fresh range of smartphones, packed with the best technology and most stunning-looking screens yet.
South Korea’s tech giant unveiled its latest 5G-capable flagship Galaxy devices,…the S21 line, on Thursday the last day of Consumer Electronics Show.
Eum Ji-young reports.
AI-powered cameras, bold new designs and ultra-fast processors.
These are just a few of the cutting edge features that Samsung Electronics says will be carried by its latest line of Galaxy smartphones.
Samsung on Friday, Korea time, unveiled its Galaxy S21 series online.
“Galaxy S21 is groundbreaking on all fronts. The fastest chip ever on Galaxy together with our most complete software and user experience.”
There are three types in varying sizes,… the Galaxy S21, S21 plus and one with the biggest 6-point-8 inch display,… called Ultra.
The premium Ultra model was the highlight of the unpacked event.
It comes with Samsung’s most advanced pro-grade camera and the most vivid display ever seen in a smartphone.
“People take a lot more pictures than they used to. They take far better quality pictures than they used to and having an easy to use really high quality camera is actually pretty inspiring. So I expect Samsung to push the edge of the envelope with that with Galaxy S21.”
The S21 and S21 plus will be available from January 29th and can be pre-ordered from the company’s webpage.
The retail price starts at 799 U.S. dollars for the S21 and 999 dollars for the S21 plus.
“Because sales of the previous flagship S20 series were low and the iPhone 12 is selling well, it seems Samsung Electronics is trying to lower the price below one million Korean won in order to maximize sales.”
The Ultra will retail at 1,199 dollars and goes on pre-sale on Friday.
Global market researcher Counterpoint Research says sales of the S21 series are forecast to be greater than those of last year’s flagship Galaxy S20.
It expects 28 million S21 devices to be sold worldwide by the end of this year,… about 8 percent higher than last years’ sales of the S20 series.
A researcher at Counterpoint says U.S. sanctions on Chinese tech firm Huawei and Samsung launching the series one month earlier than its typical launch date are likely to have a positive impact on sales.
Eum Ji-young, Arirang News.
