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Jul 08, 2014 - 11:02 AM - by dgstorm
Sometimes, when it rains it pours. Samsung is experiencing that old adage right now. Not only was one of their Brazilian factories robbed, but their profits are still slipping.
That comes straight from Sammy's latest financial report. Apparently, "weak demand" for their lower end products has created a glut of excess inventory for the company. Because of this, they have needed to spend even more than usual on their already gargantuan marketing budget.
Interestingly, their guidance suggests that much of their financial trouble is caused more by fluctuations in currency than anything else. Still, there are several factors plaguing the company right now, and it's never a good thing to hear "weak demand." Here's a quote with more details,
Their record-breaking profit pace wasn't sustainable forever. Could this also be a small sign of the natural market contraction created when a product becomes so ubiquitous it creates saturation?
The Korean won, which has been virtually unstoppable in its rise against the greenback (and most other currency) this year
Over-delivery of smartphones led to a glut of devices in China and Europe, where increased competition on the low end edged out Samsung’s offerings
In China in particular, Samsung’s 3G products come at an awkward time, as Chinese consumers save up for the rollout of 4G long-term evolution devices
People don’t buy tablets as often as they do smartphones, and the very success of Samsung’s phablets eats into tablet sales
Samsung spent even more than usual on marketing in the second quarter
Source: WSJ Digits
Jul 08, 2014 - 10:32 AM - by dgstorm
You know your product is a success when your factories are raided by armed robbers to steal 40,000 units of your devices. Such is the case with Samsung recently. One of their factories in Brazil was robbed at gun-point by a group of hijackers. Supposedly up to 20 gang members were involved in the heist.
The estimated value of the stolen devices has not been confirmed and there is a wide range of estimates from $6.3 Million to $36 Million. The devices stolen included smartphones, tablets and notebook computers. Here's a quote with a brief description of the robbery,
São Paulo authorities are currently investigating and hope to make arrests soon.
After stopping the shuttle on its way to the factory, 7 armed assailants took over the vehicle while colleagues took all but two of the eight employees originally on board to a remote location, where they were set free.
Just before midnight, the assailants proceeded with the two other employees to the factory, where they disarmed security guards, gathered the rest of the plant's employees and made sure none of them could communicate with the outside.
With the coast clear, the attackers then allowed 13 other culprits, driving the getaway trucks, into the factory. The robbers, communicating with one another by radio and cell phones, then proceeded to load the vehicles with the loot.
Using stills allegedly taken from the factory security cameras, local news media showed images of the alleged culprits, dressed in black and wearing dark headgear, roaming about the factory and pushing crates of goods toward the trucks with pallet loaders.
Jul 07, 2014 - 11:08 AM - by dgstorm
It's been a while since we have seen Samsung employ their Apple-bashing marketing technique to their commercials, but it was such a success before, it was bound to return. Such is the case with the above video.
This time, Samsung is poking fun at the iPhone's relatively weak battery life by depicting a sea of "wall huggers" forever tethered to the nearest outlet to charge their devices. This add also happens to be surprisingly apropos considering the new information we reported earlier about TSA flights into the U.S. requiring passengers to turn on their devices before getting past security checkpoints.
As usual, Samsung's marketing team did a great job with the tongue-in-cheek humor with this ad. It almost makes you feel sorry for iPhone users, because as it turns out, the facts actually support the funny ad. Although what we see in the video is obviously an exaggeration, a number of studies recently have revealed that the iPhone 5S battery life is behind a large number of Android phones, even older ones like the HTC One M7 and the Samsung Galaxy S4.
In fact, it's even behind the BlackBerry Z10 and the Nokia Lumia 1020. Yikes!
Jun 18, 2014 - 10:32 AM - by dgstorm
Wow! This news is rather anti-climactic, but is also a relief. Samsung and Apple have finally tired of the "Thermonuclear" patent war. Apparently, the two companies want to drop the fight because they still want access to each other's business. Here's a quote with more of the details,
It's about time reason prevailed...
Tired of spending money on legal disputes, both tech giants are looking for ways to end their years of legal wrangling. In addition, Apple apparently wants to continue to have access to Samsung as a component supplier.
Both Apple and Samsung are said to have dropped all cross-appeals filed with the ITC last year. The agency ruled in 2013 that Samsung had infringed on a pair of Apple's patents relating to a touchscreen interface and headset plug detection. Since Sammy's devices banned by the ITC are older models that are no longer manufactured, and newer devices are shipped with a workaround, the ITC suits are not as important to Apple as they once seemed to be.
Jun 17, 2014 - 4:10 PM - by dgstorm
It sounds like Samsung is planning on jumping into the Virtual Reality world soon. They just filed to get a trademark for something called a Gear VR. Obviously a patent/trademark filing doesn't really offer up too many details on their design. We would love to say reports have given a clue as to the details of the Gear VR, but there is not much out there just yet.
About the only thing we know is that it will supposedly depend on Samsung's next generation of smartphone products, as these will be required for Gear VR to work.
Just FYI... the rad looking Tron-like VR goggles shown above are simply an artistic concept render. *Sidebar - if Google Glass looked that cool, the product might actually do better.
Jun 10, 2014 - 10:52 AM - by dgstorm
Samsung has a new patent, and there are some rumors floating around that they already have a device planned for next year using it. It's for a foldable tablet/smartphone hybrid. It is basically just like it sounds and appears in the picture above. A tablet using flexible display tech folds up into a smartphone that you can carry with you.
Supposedly, the tablet will have an 8 to 9-inch OLED full HD display, but can be folded twice to miniaturize it. Here's a quote with a few more details,
What do you think? Could this concept be the ultimate evolution of the mobile smart-device?
Okay, but when we’ll we see such a product released commercially? Prototypes of the device are already said to exist, with the company working hard to take things to the next (commercial oriented) stage. If all goes as planned, such a product could allegedly make its way to the market in early 2015.
Of course even if it debuts in early 2015 we imagine such a device will initially be very costly and will probably be limited to South Korea and a few other select marks — just like with the first-gen Galaxy Round. It’s also unclear how well Android would work with such a design either and Samsung would likely need to custom-tailor a few of its apps to best take advantage of the folding design.
The above title and picture do not do this sale justice. SanDisk must be having a big inventory blowout, because their sale on Amazon is crazy. It's for today only, (ends at midnight on June 9th, 2014), and includes a huge variety of all of their devices. Discounts range from 25% off to 79% off on microSD cards, USB Flash drives, and even SSD Internal Desktop Drives.
The Amazon ad claims up to 60% off, but they are really underselling some of these deals. Be sure to hit up the source link below to check out these stellar deals.
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