South Korean tech giant Samsung Electronics lost to its rival Apple in the smartphone scene after the embarrassing withdrawal of the fire-prone Note 7S.
Now, it is back with a bang.
Boasting some of the largest wrap-around screens ever made, Samsung’s long-awaited Galaxy S8 is finally unveiled.
“This is a big one, and Ithink that Samsung had a lot to prove — and I think they did. I mean I haven’t used the phone for extended period of time but what I’ve seen so far is very positive,” said Patrick Moorhead, president and principal analyst of Moor Insights & Strategy.
Two versions of the Galaxy S8, code-named ‘Dream’, internally, were launched at a media event here in New York on Wednesday: 6.2-inch and 5.8-inch curved screens – the largest to date for Samsung’s premium smartphones.
“We spent a little bit of time about the new battery suit safety program they had, which I think was a good thing, but I think to consumers, if it’s a great phone, that’s going to just fade into the background,” Moorhead said.
The phones, which will go on sale on April 21, are slightly longer but comparable in width to their predecessors as Samsung has eliminated nearly all of the bezel borders around the face to maximize the screen surface area.
The S8 features Samsung’s new artificial intelligence service, Bixby, with functions including a voice-commanded assistant system similar to Apple’s Siri. — UNTV News and Rescue
Amazon joins $1 trillion club
Amazon logo. REUTERS/Pascal Rossignol
Amazon.com Inc. on Tuesday joined Apple Inc. in the $1 trillion club, becoming the second member of the group after its stock price doubled in 15 months.
If the online retailer’s share price continues at its recent pace, it will be a matter of when not if, Amazon’s market valuation eclipses that of iPhone maker Apple, which reached $1 trillion on Aug. 2.
Apple took almost 38 years as a public company to achieve the trillion dollar milestone, while Amazon got there in 21 years. While Apple’s iPhone and other devices remain popular and its revenues are growing, it is not keeping up with Amazon’s blistering sales growth.
Amazon has impressed investors by successfully diversifying its business into virtually every corner of the retail industry, altering how consumers buy products and putting major pressure on many brick-and-mortar stores. It also provides video streaming services and bought upscale supermarket Whole Foods. And its cloud computing services for companies have become a major driver of earnings and revenue. — Reuters
Samsung opens world’s largest phone factory in India
South Korean President Moon Jae-in and Indian Prime Minister Narendra Modi shake hands after inaugurating the Samsung Electronics smartphone manufacturing facility in Noida, India, July 9, 2018. REUTERS/Adnan Abidi
Samsung Electronics has formally opened a new factory in India, which the South Korean tech group says is the world’s biggest mobile phone manufacturing plant, part of its plans to expand production in the world’s fastest growing major mobile phone market.
The factory, inaugurated jointly on Monday (July 9) by Indian Prime Minister Narendra Modi and South Korean President Moon Jae-in, will help Samsung to compete more effectively with rivals such as China’s Xiaomi, which became India’s biggest smartphone brand by shipments earlier this year.
The factory in Noida, on the outskirts of New Delhi, will help Samsung to double its current capacity for mobile phones in Noida to an annual 120 million units after the phased expansion plan is complete, the company said in a statement.
India, the world’s second biggest smartphone market and home to more than a billion wireless subscribers, is a big opportunity for Samsung where sluggish smartphone earnings growth has fueled concerns that its mobile business is running out of ideas to underpin sales of its premium Galaxy devices. —Reuters
Apple apologizes after outcry over slowed iPhones
FILE PHOTO: Apple CEO Tim Cook stands in front of a screen displaying the IPhone 6 during a presentation at Apple headquarters in Cupertino, California October 16, 2014. REUTERS/Robert Galbraith/File Photo
(Reuters) – Facing lawsuits and consumer outrage after it said it slowed older iPhones with flagging batteries, Apple Inc is slashing prices for battery replacements and will change its software to show users whether their phone battery is good.
“We know that some of you feel Apple has let you down,” Apple said in its posting. “We apologize.”
On Dec. 20, Apple acknowledged that iPhone software has the effect of slowing down some phones with battery problems. Apple said the problem was that aging lithium batteries delivered power unevenly, which could cause iPhones to shutdown unexpectedly to protect the delicate circuits inside.
That disclosure played on a common belief among consumers that Apple purposely slows down older phones to encourage customers to buy newer iPhone models. While no credible evidence has ever emerged that Apple engaged in such conduct, the battery disclosure struck a nerve on social media and elsewhere.
Apple on Thursday denied that it has ever done anything to intentionally shorten the life of a product.
At least eight lawsuits have been filed in California, New York and Illinois alleging that the company defrauded users by slowing devices down without warning them. The company also faces a legal complaint in France, where so-called “planned obsolesce” is against the law.
Reporting by Stephen Nellis; Editing by Andrew Hay