By Sambit Satpathy on Oct 31, 2015 at 4:19 PM Email @some_bit comments News Samsung has sent out media invites for a launch event in Delhi on November 3. While the invite is scarce in details, we expect the company to launch the recently announced Galaxy On5 and Galaxy On7 in India. Before being unveiled in China last week, both the Galaxy On5 and the Galaxy On7 were briefly listed on Samsung's India website. Of the two, the Galaxy On5 was also spotted on Flipkart, before the listing was taken down. These brief appearances could be an indication that Samsung is indeed planning on launching the two smartphones next week. Samsung Galaxy On5 specifications and features: The smartphone flaunts a 5-inch HD (1280×720 pixels) TFT display, and is powered by an Exynos 3475 quad-core processor paired with 1.5GB of RAM. Also on offer is 8GB internal storage, of which around 4.3GB is usable. There is also a microSD card slot, which can be
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A car-shaped installation at the Samsung SDI automobile battery display at the Frankfurt Motor Show in September. Photo credit: BLOOMBERG Se Young LeeReutersOctober 30, 2015 - 11:14 am ET SEOUL -- Samsung Electronics and group companies are making a belated push into the business of supplying technology to carmakers, while rivals are already lining up lucrative deals with an industry that is notoriously difficult to enter. Data compiled by Thomson Reuters IP & Science shows the world's top smartphone maker and other Samsung Group tech affiliates are ramping up r&d for auto technology, with two-thirds of their combined 1,804 U.S. patent filings related to electric vehicles and electric components for cars coming since 2010. The analysis did not include filings made after 2013 due to a lag between filing and publication. They haven't yet landed significant business, and Samsung Group declined to comment on strategy, but the lure is obvious. Autom
After a string of disappointing revenue and profit reports, Samsung got a bit of a respite in Q3 by posting modest year-over-year increases. Samsung, which had been the victim of a series of disappointing financial reports over the last seven quarters, reported revenue and operating profits for the third quarter of 2015 that are up 8 percent and 37 percent, respectively, from the same period one year ago.In its Oct. 29 earnings report, Samsung announced Q3 revenue of $45.2 billion (51.68 trillion Korean won) and an operating profit of $6.4 billion (7.39 trillion KRW), which are up from the $41.6 billion (47.45 trillion KRW) in revenue and $3.6 billion (4.06 trillion KRW) in operating profit posted in the third quarter of 2014.The Q3 revenue was up about 6 percent from the second quarter, when the company posted revenue of $42.5 billion (48.54 trillion KRW).Yet despite the better numbers, Samsung's mobile unit continues to underperform as operating profit for the unit fell to $2
SEOUL Tech giant Samsung Electronics Co Ltd on Thursday unveiled a 11.3 trillion won ($9.9 billion) share buyback after reporting its first on-year profit growth in two years thanks to strong component sales, pushing its shares sharply higher. Samsung said it would cancel all shares purchased through the buyback, its biggest to date, and planned to give shareholders 30 percent to 50 percent of its free cash flow over the next three years, primarily through dividends. The buyback, which will be carried out in phases over a year, will be welcome news for those investors who have been clamouring for bigger payouts from the world's top smartphone maker, which has lost market share to rivals such as Apple Inc and Huawei Technologies Co Ltd. "Samsung's decision to buy back and cancel its own shares was exactly what the market was hoping for," HDC Asset Management fund manager Park Jung-hoon said. Samsung's shares touched a near six-month high and were up
It's that time of the year when all smartphone companies are out with their flagship devices. With Diwali just around the corner, a lot of readers will be pondering over getting some flagship phone or the other, if they have the budget. While our detailed reviews will be coming out shortly, we decided to try out the low light photography prowess of three flagship phones we have with us at the moment. We have already done a detailed review of the Samsung Galaxy S6 edge+ and were impressed with its photography features and image quality. But last week we got two more devices – the Motorola Moto X Style and the Apple iPhone 6s Plus. While Apple is known for its camera performance over the years, the Moto X Style has bumped up its camera to a 21MP sensor which Motorola claims is capable of shooting great photographs. So we set out to put the cameras on these phones to test on one Mumbai night. All images were shot on auto mode with the last one shot in HDR mode. Before we start
JPMorgan Chase has announced plans to foray into the digital wallets space in mid-2016 by launching its own mobile payment platform – Chase Pay. On Monday (26 October), the bank said it would compete directly with other mobile wallets such as Apple Pay, Android Pay and Samsung Pay. The largest bank in the US has signed a deal with Merchant Customer Exchange (MCX), a group of large retailers, to accept payments via Chase Pay. MCX generate more than $1tn of business each year across 100,000 stores that include larger retailers such as Walmart, Target, Shell and BestBuy. Gordon Smith, chief executive of the bank's consumer business said that this tie-up is a key advantage to the company, because of the caliber of retailers it brings on board. The Chase Pay app will work on both Apple and Android-based smartphones and at the time of its launch, it will be available to the 94 million users who currently hold the bank's credit, debit or prepaid cards. JPMorgan Chase entered t
Samsung has been one of the largest names when one looks at the markets of smartphone technology. The company has been coming out with some of the most revolutionary, breathtaking devices in recent times, and their success has largely been attributed to the fact that they have been releasing a large number of phones which have been offered to a large group of people, and this has been strategically done in such a manner that they do not miss out on any of the consumers. No matter what income group might one fall under, Samsung will have a product for them. The company has also released two series of devices which are their most well defined 'flagship' products. The Samsung Galaxy S series and the Samsung Galaxy Note series. Samsung has been benefiting largely since the Android revolution hit them. Despite the Galaxy Note 5 being their latest and top most range of flagship devices, Microsoft has been facing several criticisms due to many bugs that have been a p
It was predicted that the upcoming Samsung Galaxy S7 would be released earlier in the new year than usual. Now, many sites, including International Business Times, are predicting a possible January release. "The Samsung Galaxy S7 is expected to release in the first quarter of the next year. Although the South Korean tech giant has been releasing its Galaxy S series smartphones in month of March or April, early speculations suggest that the Samsung Galaxy S7 will be released in January this time." SamMobile adds to the speculation and even lists some of the Galaxy S7's possible specs. "The Galaxy S7 is expected to be powered by three different processors based on market, and feature a display with Apple's 3D Touch-like technology. It will also have a USB Type-C port, and possibly a dual-camera setup with a new 20-megapixel primary sensor." Samsung's Galaxy S6 Edge was considered a top-notch device, but didn't live up to sales exp