Samsung
Washington (AFP) - The United States announced on Monday grants of up to $6.4 billion to South Korean semiconductor giant Samsung to produce cutting-edge chips in Texas. The award is the latest from the US government as it looks to cement its lead in the chip industry -- especially for chips needed for the development of AI -- both on national security grounds and also in the face of competition with China. President Joe Biden's administration has previously approved billions in grants to US titan Intel and Taiwan Semiconductor Manufacturing Company (TSMC) as it tries to avoid the prospect of ...
AFP
San José (United States) (AFP) - Samsung on Wednesday released its latest Galaxy smartphones with new artificial intelligence features as the South Korean giant seeks win back its spot as the world's biggest phone seller from Apple. "Artificial Intelligence will bring about great change in the mobile industry," Samsung president T.M. Roh said as he kicked off an event in a sports center in the Silicon Valley city of San Jose, California. Mobile devices will become the primary access points for AI, with Samsung aiming to be a leader on that path, Roh added. The premium S24 Ultra unveiled at the...
AFP
San Francisco (AFP) - Global smartphone sales have slumped this year amid a "gloomy economic outlook," prompting people to spend money on essentials instead of the latest gadgets, according to a market tracker. Smartphone sales in the recently ended quarter were nine percent less than in the same period a year earlier, hitting a low not seen since 2014, according to research firm Canalys. Worldwide smartphone sales in each quarter have fallen short in comparison to those in the same periods last year, it said in a release. "The gloomy economic outlook has led consumers to delay purchasing elec...
AFP
San Francisco (AFP) - Samsung unveiled two upgraded folding smartphones on Wednesday as the South Korean sector leader sought to head off rising competition from Chinese firms in a fast-evolving market. The Galaxy Z Fold3 and Z Flip3 offer sleeker designs, improved water resistance and more durable screens are available for pre-ordering for delivery later this month in the United States, Europe and South Korea. The new devices come with Samsung facing heightened competition from Chinese manufacturers including Xiaomi, which grabbed the number two position in the second quarter. The Flip3, with...
AFP
San Francisco (AFP) - Samsung on Thursday unveiled a new Galaxy S21 smartphone lineup, with prices lowered by some $200 from the prior generation of the South Korean giant's flagship handsets. Unveiled in a streamed presentation, the S21 device with a 6.2 inch display is available for order at an entry price of $800 for US customers. The global smartphone leader also unveiled the 6.7 inch S21 Plus and premium S21 Ultra handsets, with a 6.8 inch display. All the devices support the ultrafast 5G wireless networks being rolled out globally. "We are living in a mobile-first world, and with so man...
AFP
Seoul (AFP) - Samsung Electronics clinched a $6.6 billion agreement to provide 5G network equipment to Verizon in the United States, a regulatory filing showed Monday, expanding its presence in the strategically crucial market. The South Korean tech giant said the massive deal was equivalent to 3.4 percent of its total worldwide sales last year, and a "long-term strategic contract".Washington has banned US telecom firms from using network equipment manufactured by Samsung's Chinese rival Huawei on security grounds.Samsung Electronics is the flagship subsidiary of the sprawling Samsung group, b...
AFP
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