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Tag: samsung
Samsung Q2 revenues fall on weaker-than-expected demand for S9
2018-07-31 08:35:00| Telecompaper Headlines
(Telecompaper) Samsung reported second-quarter results in line with guidance but lower year-on-year and quarter-on-quarter. The company was especially hit by weaker-than-expected sales for its Galaxy S9, which it tried to compensate with higher marketing expenses. Samsung said conditions are likely to remain tough for the second half, as customers look for higher specifications on the one hand and cheaper prices on the other. In order to respond to these desires, the company will for the higher end conduct an early launch of the new Note model while for the low to mid-range, it will look to add new features and push cost effectiveness.
Tags: fall
samsung
demand
revenues
Samsung opens 129,000-square meter mobile phone plant in India
2018-07-09 17:35:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics has inaugurated its new mobile phone manufacturing facility in Noida, Uttar Pradesh, India. Samsung India has also launched its 'Make for the World' initiative, whereby it aims to export mobile handsets produced in India to overseas markets. With this new facility, Samsung reports that it will double its current capacity for mobile phones in Noida from 68 million units a year to 120 million, in a gradual expansion that is scheduled for completion by 2020.
Tags: phone
mobile
india
samsung
Samsung guides for lower Q2 revenues, flat operating profit
2018-07-06 08:43:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics said it expects to report second-quarter revenues of about KRW 58 trillion and an operating profit of KRW 14.8 trillion. The year before, revenues rose 20 percent to KRW 61 trillion while the operating profit jumped almost 73 percent to KRW 14.07 trillion.
Tags: lower
guides
operating
flat
Samsung, Cisco and Orange trial 5G home entertainment and smart city applications in Romania
2018-07-02 17:00:11| Digital TV News
Samsung and Cisco have announced the completion of a trial and 5G demonstrations with Orange in Romania. During the trial, several parallel UHD videos and VR sessions were streamed simultaneously over the same 5G broadband connection.
Tags: in
home
city
entertainment
Orange Romania tests FWA 5G network with Samsung, Cisco
2018-07-02 16:42:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics and Cisco announced they have completed a friendly-user trial and series of 5G demonstrations with Orange Romania in Floresti, Cluj. The three companies announced in February the first multi-vendor 5G fixed wireless trial in Europe. The trial makes use of Samsung's 5G products including the virtualised RAN, a 5G access unit and multiple indoor and outdoor 5G routers, as well as Cisco's Meraki Z3 WiFi Router and Ultra Gateway Platform which delivers a 5G virtual packet core on top of Cisco NFV infrastructure.
Tags: network
tests
orange
samsung
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