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China’s Shenzhen closes electronics market due to COVID

#China #Shenzen #covid19
Yahoo Finance anchors Akiko Fujita and Brian Cheung discuss how China’s zero-COVID policy is affecting its electronics market.
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Prices For Key Staples Like Clothing, Electronics, Groceries Are Easing

After months of rising inflation as well as rates of interest, costs for crucial staples like groceries, apparel and also gas are ultimately boiling down. NBC’s Tom Costello records for TODAY.

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#Economy #Inflation #Money

Amazon Video

Electronics Arts stock surges on false report of Amazon deal

#stock #market #news
EA shares jumped on Friday after a false claim circulated that Amazon would make a play to buy the company.
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Electronic Arts stock surges on rumor of potential Amazon sale

#electronicarts #Amazon #yahoofinance
Yahoo Finance Live anchors Julie Hyman, Brian Sozzi and Brad Smith discuss EA stock performance after reports of an Amazon acquisition surface.
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Amazon Video

Samsung Electronics sets out to build 11 semiconductor plants in Texas over next 20 years

삼성, 20년간 250조원 들여 텍사스에 반도체공장 11곳 신설 추진

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.

#Samsung #semiconductor #Texas

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2022-07-22, 14:00 (KST)

Amazon Video

S. Korea’s Samsung and LG Electronics lead global TV market

삼성, TV 시장 16년 연속 1위…LG는 2위로 역대 최고 실적

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 #LG #TV

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2022-02-21, 17:00 (KST)

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Samsung Electronics’ estimated operating profit in 2021 up 43.5% to around US$ 43 bil.

삼성전자 작년 영업이익 51조6천339억원…전년 대비 43.5%↑

South Korean tech giant Samsung Electronics has reported its highest-ever sales for 2021, led by its chip business and new phones.
Record-high sales at LG Electronics too… on its home appliance business… which is now the biggest in the world.
Eum Ji-young has more.
Samsung Electronics posted better than expected earnings in 2021.
According to the firm’s earnings guidance on Thursday,… its estimated operating profit last year was around 43 billion U.S. dollars,… around 44 percent higher compared to 2020.
This is the company’s third highest operating profit ever and the largest since 2018’s semiconductor boom period.
Sales hit a record 232 billion dollars,… up 18 percent compared to the year before.
Operating profit in the final three months of 2021 was around 11 billion dollars,… up 53 percent on-year.
The surprising earnings were led by semiconductors,… with 78 billion dollars in sales, making Samsung the world’s market leader,… topping Intel for the first time in three years.

“2021’s strong earnings were led by the rise in the average selling price of memory semiconductors in the first to third quarters in 2021 compared to the previous year. Another factor was an increase in the shipments of OLED products and an improvement in the profitability of smartphones.”

Samsung Electronics’ strong earnings were also largely due to its latest smartphone series,… including the Galaxy Z Fold 3 and Galaxy Z Flip 3.
One million of these new foldable phones were sold in the 39 days after their release and around eight million of Samsung’s foldable phone models were sold last year overall.
LG Electronics also posted an earnings surprise last year,… recording an all-time high in sales.
According to the company’s guidance report,… estimated sales came to about 62 billion dollars last year,… up almost 29 percent on-year.
This is the first time the company’s yearly sales figure has topped 70 trillion won which is about 58 billion dollars.
LG Electronics’ yearly sales ranked first among global companies for the first time,… beating America’s Whirlpool’s sales of around 22 billion dollars.
The company said strong sales of LG’s home appliances along with an expansion of major markets abroad have helped boost revenue.
Eum Ji-young, Arirang News.

#Samsung #profit #economy

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2022-01-27, 17:00 (KST)

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2022 Consumer Electronics Show still in-person despite Omicron surge

#Omicron #Surge #CES22
Yahoo Finance’s Dan Howley joins the Live show to detail how event organizers for the 2022 Consumer Electronics Show (CES) in January are still planning to have an in-person convention despite concerns of the surging Omicron variant.

Yahoo Finance’s Dan Howley joins the Live show to detail how event organizers for the 2022 Consumer Electronics Show (CES) in January are still planning to have an in-person convention despite concerns about the Omicron variant.

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Amazon Video

Samsung Electronics retains lead in world smartphone market share

삼성 스마트폰, 전 세계 43개국에서 점유율 1위

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.

#SamsungElectronics #smartphone #globalmarket

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2021-12-16, 12:00 (KST)

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Samsung Electronics unveils two new foldable smartphones: Galaxy Z Fold3, Galaxy Z Flip3

‘첫 100만원대’ 갤럭시Z폴드3, 카메라 숨기고 방수에 S펜까지

Samsung Electronics has unveiled a new set of devices at a virtual “Galaxy Unpacked” event.
Normally, the South Korean company would have released a new Galaxy Note,… but instead, it showcased two new foldable phones.
The reason?
Samsung says it sees foldable as the future of phones.
Bae Eun-ji reports.
At its Galaxy Unpacked event Wednesday night… Samsung Electronics unveiled its new set of devices.
Instead of a new flagship model of the Galaxy Note series… the tech firm unveiled two new foldable smartphones… the ‘Galaxy Z Fold3’ and the ‘Galaxy Z Flip3’.
The Z Fold3 is a smartphone that opens outward like a book.
The key feature of Z Fold3 is that it’ll support the S Pen… becoming Samsung’s first foldable smartphone to do so.
Along with its 7-point-6 inch wide screen… it’s equipped with an under-display camera, meaning the lens is hidden behind the display panel.
What’s also different from the previous version is that it’s now water resistant… so the phone can survive under 1-point-5 meters of water for up to 30 minutes.

“This is the new mainstream for smartphones. More accessible, more durable, and engineered for tailored, seamless experiences of the future.”

The Z Flip3,… which opens upward like the flip phones popular in the early 2000s,… is also water proof.

Samsung has also lowered the price of the Fold3 to one-thousand-800 U.S. dollars… which is 200 dollars less than the original price of the Z Fold 2.
The Z Flip3 is around one-thousand dollars,… also cheaper than last year’s model.
This is to expand the demand for foldable phones beyond Samsung’s normal devices.

“Foldable phones were pretty expensive and unaffordable for most people… because they cost over 2-million Korean won. So Samsung lowered the price, hoping more smartphone users buy these devices.”

Samsung also unveiled its new smartwatch, the Galaxy Watch 4… and its wireless earbuds, the Galaxy Buds 2.
Preorders for the devices start next Tuesday in South Korea … and the phones will be available in stores across Korea, U.S. and Europe from August 27th.
Bae Eun-ji, Arirang News.

#Samsung_Electronics #GalaxyZ #foldable_smartphone

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2021-08-12 07:00 (KST)