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Stock Market & Financial Investment News

News Breaks
January 7, 2013
19:59 EDTSSNLFSamsung sees likely Q4 profit of $8.3B, Reuters says
Samsung (SSNLF) provided earnings guidance on Tuesday that indicated the company likely turned a profit of $8.3B in Q4, with overall smartphone shipments for the quarter totaling around 63M units, according to a Reuters report. Reference Link
News For SSNLF From The Last 14 Days
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May 22, 2015
07:30 EDTSSNLFSamsung increased purchases of IC parts, DigiTimes says
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07:13 EDTSSNLFSamsung content unit hit by layoffs and exec departure, Variety reports
Samsung's Media Solutions Center America has been hit by layoffs and a key executive departure over the last couple of weeks, reports Variety. According to multiple sources, the unit saw dozens of staffers laid off earlier this month. One source estimated that as much as 15% of staff may have been affected. Sources also said the layoffs came a few weeks after Samsung's VP of content and services Kevin Swint left the unit. Reference Link
May 20, 2015
06:25 EDTSSNLFSamsung could release next Galaxy Note phone as early as July, BI reports
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May 19, 2015
19:44 EDTSSNLFSamsung's next chairman may pursue smartphone, wearables synergies, Reuters says
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05:59 EDTSSNLFSources: Apple able to launch iPhone 6s as early as August, BGR says
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May 18, 2015
09:36 EDTSSNLFAppeal says Samsung $930M damages to Apple must be adjusted, Bloomberg reports
The U.S. Court of Appeals for the Federal Circuit ruled that Samsung (SSNLF) did infringe Apple’s (AAPL) design patents, but did not violate Apple’s trade dress, meaning the $930M damages award to Apple must be adjusted, reported Bloomberg. Reference Link
09:26 EDTSSNLFApple gets mixed ruling from appeals court in Samsung case, Bloomberg reports
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May 15, 2015
08:16 EDTSSNLFSamsung not engaged in DRAM price war with Micron, says Jefferies
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06:21 EDTSSNLFTwo Samsung foundations name Jay Y. Lee as chairman, WSJ reports
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May 14, 2015
14:58 EDTSSNLFSamsung to discontinue wallet service ahead of Pay launch, SamMobile says
Samsung will discontinue its Samsung Wallet service on June 30, reports SamMobile, citing company emails distributed to users of the service. The report notes that Samsung is planning to launch its Samsung Pay mobile payment technology later this year. Reference Link
May 13, 2015
18:24 EDTSSNLFSamsung paid $250M for LoopPay acquisition, Re/code says
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05:57 EDTSSNLFSamsung favors Ultra HD TVs over OLED in 2015, DigiTimes reports
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May 12, 2015
17:33 EDTSSNLFIndian PM to urge Samsung to build Indian factories, Economic Times says
Indian Prime Minister Narendra Modi will meet with LG and Samsung next week and plans to urge the companies to establish factories in India, reports The Economic Times, citing statements by minister for communication and IT Ravi Prasad, who added that "we expect something concrete now." Reference Link
16:55 EDTSSNLFSamsung announces Internet of Things platform
Samsung Electronics announced the Samsung ARTIK platform to allow "faster, simpler" development of applications for the Internet of Things. ARTIK is an open platform that includes a family of integrated production-ready modules, software, development boards, drivers, tools, security features and cloud connectivity designed to help accelerate development of a new generation of IoT devices, solutions and services.
15:50 EDTSSNLFSamsung releases next-gen smart watch details to developers, SamMobile says
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09:18 EDTSSNLFSamsung begins assembly smartphones at Indonesia factory, WSJ reports
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06:58 EDTSSNLFApple examines new nano material touch panels, ETNews reports
Apple (AAPL) is planning to example nano new material on touch panels, reports ETNews. The company expects the new technology to raise sense of touch and decrease cost. According to unnamed sources, Apple requested AgnW touch-panel samples that is verified for mass-production from LG Display (LPL), Samsung Display (SSNLF), Japan Display and other suppliers. Reference Link
May 11, 2015
09:56 EDTSSNLFIDC: Apple leads smartphone vendors in China during Q1
IDC’s latest Mobile Phone Tracker shows the China smartphone market contracted by 4% year-on-year with 98.8M units shipped in the first quarter of 2015. This is the first time in six years that the China smartphone market declined YoY as the market continues to mature. On a QoQ basis, the market contracted 8% on the back of a large inventory buildup at the end of last year. The study said Apple (AAPL) was the top smartphone vendor in China in the first quarter, with consumers still having a strong appetite for the larger screens on the iPhone 6 and iPhone 6 Plus. Xiaomi slipped to the second position as it faced strong competition from other vendors in the low to mid-range segment of the market, while Huawei maintained third position as it saw a good uptake in the mid-range segment. Samsung (SSNLF) and Lenovo (LNVGY) both led the market at least once last year, but rankings have since changed quickly, highlighting the volatility of consumers' brand preference in China. Reference Link

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