Sci-tech

Samsung Electronics Q1 net up 46.29 pct on chip business

Samsung Electronics Q1 net up 46.29 pct on chip business

The Note 7 mishap led many to believe the company might not launch a new Note this year. Apple usually unveils new phones in September.

It was speculated that Samsung might look to retire the "Note" branding in order to prevent customers recalling the debacle of Note7, and some even claimed that there was a possibility there might never be another Galaxy Note device.

ET News notes that the Galaxy Note 7 R is expected to pack a smaller, 3,200mAh battery instead of 3,500mAh cell on the Note 7.

"The semiconductor business will continue to see a boom for at least a year ahead and its earnings result is on a roll", said Park Ju-gun, chief executive at CEO Score, a private corporate watchdog.

Theresa May 'not taking anything for granted' after Labour's local election rout
The Lib Dems might have made some limited gains in the opinion polls by coming out as the Remainer Party, but they still lost 42 seats overall last week.

Is Samsung ensuring its customers nothing bad happens to the Galaxy S8 batteries by preventing them from using certain devices wireless charging, including Samsung-made ones? This puts Samsung's profit at the highest level in nearly four years.

Recent complaints about red-tinted screens and spotty Wi-fi connection on the S8 would not have a major impact on the bottom line, analysts said. The move is apparently meant to reduce environmental impact of all the devices returned after the company was forced to issue a recall. It also announced a share buyback worth 2.3 trillion won ($2.03 billion).The first-quarter result supports expectations that the world's top maker of memory chips, smartphones and televisions will book record profits in the coming quarter as well as for 2017.

January-March operating profit for Asia's most valuable company by market capitalisation was 9.9 trillion won ($8.75 billion), compared with Samsung's earlier guidance of 9.9 trillion won. It was the biggest quarterly net profit since the third quarter of 2013.

Now that the Samsung introduced and prove that the full-screen smartphone device is possible, the mobile industry is now entering into a new era or the mobile designs.

Angela Merkel: Macron 'Carries Hopes' of Millions of Europeans
There were brief clashes with police and several arrests. "He needs to cool down", said Raphael Garine, a protesting student. The euro, which had risen Sunday night in the wake of the news of Macron's victory, edged back down 0.5 percent to $1.0943.

The iPhone 8 is said to be a standalone premium model. In emerging markets such as India and Indonesia, Chinese vendors such as Oppo and Vivo have been relentless in their pursuit of market share, she added.

Samsung earlier considered the proposal, but said Thursday it had officially dropped the plan, citing regulatory hurdles and potential risks to its business.

For most companies, the problems could have spelled disaster, sending customers scurrying to its rivals and spelling the end of its reputation.

UK's Labour Party launches election campaign
May's party was said to now have 49% of the vote, according to the poll carried out by ICM alongside The Guardian . Labour is now trailing 16 points behind Theresa May's Conservatives, according to the latest opinion polls.


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