Samsung reported on Friday a record profit for its second quarter, triggered by a rebound in demand for computer memory chips and by rising sales for LCD TVs.
For the quarter ended June 30, the electronics company earned 4.28 trillion Korean won ($3.6 billion), an 83 percent leap from the 2.33 trillion won it earned in the prior year's second quarter. Operating profits, which are sales minus expenses, also reached record levels, rising 88 percent to hit 5.01 trillion won, while sales grew 17 percent to 37.89 trillion won.
Samsung attributed the strong results … Read more
The mobile phone industry saw its shipments reach 308 million in the second quarter, with Nokia and Samsung still holding the largest chunk of the highly competitive market, according to a report released Thursday by Strategy Analytics.
The 308 million units shipped across the globe represented a 13 percent gain from the 273 million shipped in the same quarter one year earlier, largely driven by low-end 2G handsets in emerging markets and high-end 3G touch screen phones in more mature regions, the report said.
Among the top five major mobile phone players, Nokia remained in first place with a 36.1 percent slice of the market, down from its 37.8 percent share in the year-ago quarter. Samsung came in second with a 20.7 percent stake, up from 19.1 a year ago, while LG's share dipped slightly to 10 percent.
Only Samsung and Research In Motion, which logged a 3.6 percent chunk of the market, saw their shares rise year over year, thanks to strong demand for QWERTY keyboard phones and touchphones, according to Strategy Analytics.
Looking at the specific vendors, Nokia continued to shed market share as it shipped a lower-than-expected 111.1 million handsets in the quarter. Sporting the enhanced Symbian 3 interface, the N8 smartphone should reach customers in time for the European holiday season, helping profit margins over the second half, said the report. But the phone's lack of buzz in the U.S. could dampen its overall global prospects.… Read more
Samsung's new HMX-E10 minicamcorder captures 1,080p resolution video at 30 frames per second in H.264 format. The camcorder has a 2.7-inch touch screen that splits in half when you hold it vertically; the top half is for framing your video and the bottom half has the controls. With the camcorder, Samsung includes the requisite flip-out USB connector, integrated sharing software, and a built-in Mini-HDMI port.
So far, the camera's specs sound pretty good, especially with its $199.99 price. But Samsung sweetens its package by allowing the f2.2 lens to swivel 270 degrees, similar … Read more
Samsung announced Wednesday the ST80, a 14-megapixel ultracompact digital camera with a 3x optical zoom, a 3-inch touch-screen LCD, and built-in Wi-Fi. The ST80 joins the company's other Wi-Fi-enabled camera, the CL80, on my list of "I'll believes it when I sees it" Wi-Fi-enabled cameras.
The camera comes equipped with an account for mobile hot-spot provider Boingo, for access to more than 120,000 Wi-Fi hot spots around the world. It can also connect to DLNA-supported electronics (Digital Living Network Alliance) for sharing photos and video wirelessly between devices.
We've yet to see a Wi-Fi-enabled … Read more
This week brought us invisibility cloaks, pooping robots, and lots of free phones. We all like free stuff, right?
Rumor alert! T-Mobile might get the iPhone before Verizon.
If free bumpers won't make iPhone complainers feel better, Samsung UK is trying free Galaxy S phones.
Not to be outdone, Microsoft is giving its staff Windows Phone 7s. Windows Phones 7? Window Phones 7s?
Microsoft also prices the neat Kinect Xbox accessory at $149.
Yet more invisibility cloak technology: Will it be the salvation of perverted eighth graders everywhere?