Samsung group chairman Lee Kun-hee has died, aged 78
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Samsung has confirmed that the company’s group chairman Lee Kun-hee died on Sunday at the age of 78.
Born in South Korea in 1942, Lee was the third son of…
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ARM Holdings sold to Nvidia in $40bn deal
Cambridge-based computer chip designer ARM Holdings will be sold to American firm Nvidia in a deal valuing ARM at $40 billion.
ARM creates chip designs licensed out to Apple, Samsung,…
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Samsung smashes analyst expectations forecasting 22% jump in profits
Samsung is set to see healthy profits during its second quarter despite the pandemic decimating smartphone sales.
The South Korean tech giant surprised investors today by announcing forecasts well above…
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Global smartphone sales sees largest decline on record in Q1
Smartphone sales across the globe plummeted by more than 20 per cent during the first quarter with nearly every major manufacturer seeing dramatic declines.
According to the latest figures from…
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Smartphone shipments drop to lowest rate since records began thanks to COVID-19
Smartphone shipments fell at the fastest rate since records began during the first quarter of 2020 as both sales and production across the globe plummet.
In yet another market to…
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Samsung, Apple switch AGM voting and annual developers conferences online
Big tech firms will be putting their digital capacities to the test in the next few weeks as employees switch to working from home and social distancing measures.
Samsung Electronics…
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Apple issues financial alert as outbreak hits supply chain
Apple has issued a financial alert warning that it will not meet revenue guidance for its current quarter as the coronavirus continues to severely impact Chinese industry.
The iPhone maker…
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Samsung launches a range of new cutting edge retail technologies at NRF
Samsung has unveiled a range of cutting edge new retail technology solutions “to help brick-and-mortar retailers reinvent the in-store experience”.
At this year’s National Retail Federation (NRF) show, the Korean…
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Apple, Google, Amazon, Ikea, Samsung and Philips Hue team up to allow smart home devices to work together
Tech giants Apple, Google and Amazon are teaming up alongside Ikea, Samsung Smart Things and Philips Hue to develop an open-source smart home standard.
The project intends to enable devices…
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Samsung profits dive 56% despite strong Galaxy Note 10 sales
Samsung Electronics has seen its operating profit divebomb 56 per cent year-on-year in its fourth quarterly drop in a row.
Its fourth quarter results spelled yet more trouble for the…
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The pandemic has forced shoppers to dramatically alter their behaviour. In no sector is this more obvious than in food shopping.
Grocers have experienced huge demand for online shopping in…