Articles tagged Samsung

Retail News - Profits drop at struggling Samsung

Electronic goods retailer Samsung has revealed its first earnings decline in three years, with consumers instead turning to Apple and budget competitors.

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A good week for Apple continued, as research suggested it was tied with Samsung as the world’s largest smartphone vendor during its fourth quarter.

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Retail News - Samsung mulls $7.5bn BlackBerry buyout

Samsung Electronics has offered to purchase BlackBerry Ltd for USD 7.5 billion, according to documents seen by Reuters.

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South Korean electronics giant Samsung has announced it expects full-year profits to fall for the first time since 2011, with some stabilisation in Q4 providing a positive outlook.

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Retail News - Looming yearly reshuffle at Samsung

There is allegedly great worry amongst Samsung employees in the lead up to the annual realignment, as the brand has experienced its poorest earnings in three years and a negative smartphone performance, so many jobs are expected to be cut.

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Retail News - Samsung restructures mobile unit as net profit plummets 49%

Samsung has announced plans to restructure its mobile unit after sales at the electronics giant stalled thanks to intense competition across its ranges.

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Retail News - Predicted profit drop at Samsung

Samsung is on course for the first yearly profit loss it's experienced since 2011, following the report yesterday that July-September profits are the lowest in three years, which has been put down to falling interest in expensive Galaxy smartphones.

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Retail News - Apple and Samsung end patent battle outside of US

Electronics giants Apple and Samsung have put all legal battles between them to bed – outside of the United States.

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Retail News - Samsung resume business with Chinese supplier after child labour allegations

Samsung have stated they will do 30 per cent less business with a parts supplier which is using child workers at their China-based factory

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Retail News - Samsung delay the launch of new Tizen smartphone

Samsung announced on Monday they were to postpone sales of their new Tizen-powered smartphone – the most recent setback in their attempts to compete with Google's Android of Apple iOS.

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