Starting back to last October, Samsung chairman Lee Kun-hee passed away at the age of 78. According to the reports, his fortune is estimated at 26 trillion won ($ 21 billion), that $18 billion of it is the company’s stock. The South Korean government is now seeking to collect inheritance tax from Samsung’s heir family. As a result, the family has decided to sell its stake in the Samsung Group companies to pay government taxes....
According to the new report, the Galaxy A14 bears the model number SM-A146B, which means it will offer 5G connectivity. That isn’t surprising since the Galaxy A13 also comes in a 5G variant, alongside a 4G-only option. It’s unclear if the Galaxy A14 will be available in 4G flavor too. The 5G model will certainly be Samsung’s most affordable 5G smartphone of 2023, though. Unfortunately, not much else is known about the Galaxy A14 5G right now....
For the past several years, Samsung has sold its flagship smartphones in two processor variants depending on the market. Buyers in the USA and China usually got Qualcomm’s Snapdragon chipsets, while the devices came with the company’s in-house Exynos processors in most other markets. It added India to the Snapdragon fold with the Galaxy S22 series this year. With the top three biggest smartphone markets getting Qualcomm chipsets, the proportion of Exynos processors on Galaxy S22 phones came down to just about 30 percent....
In its earnings guidance, Samsung has estimated a consolidated sales revenue of about Korean won (KRW) 76 trillion (approx. $53.9 billion) between July to September this year. That’s a 2.7 percent increase in quarterly revenue from the same period a year ago when it generated KRW 73.98 trillion. However, rising manufacturing costs and dwindling profit margins mean the profitability has decreased sharply. The company is expecting to make KRW 10.8 trillion (~$7....
Samsung foldables to drop the Z branding Samsung foldables to drop the Z branding Samsung foldables didn’t feature the Z branding at the beginning. The first Fold series model launched in 2019 was simply called the Galaxy Fold. The company added the letter Z to the name with the first clamshell foldable in 2020, calling it the Galaxy Z Flip. At that time, the firm suggested that the new naming convention shows its commitment to the category....
