Samsung Electronics Co. Ltd. may have a chance to strengthen its position in the smartphone market due to the hurt caused to Huawei Technologies Co. Ltd. in the wake of US-China trade tensions, according to Fitch Ratings.
Samsung no doubt championed the curved display tend, and although there have been complaints about these screens being more prone to damage than their flat-screened siblings, the company might go all out and unveil an even more aggressively curved variant.
Italy’s anti-trust watchdog said on Wednesday it was fining Apple Inc. and Samsung Electronics Co. Ltd. €5 million ($5.7 million) each following complaints they used software updates to slow down their mobile phones.
Samsung Electronics Co. Ltd. said on Wednesday it has bought Barcelona-based network data analysis firm Zhilabs, as the South Korean giant gears up to launch products for connected devices and 5G mobile services that require fast data crunching.
Samsung Electronics Co. said Tuesday its second-quarter net profit edged down 0.09 percent on-year amid weak returns from the smartphone business, although the chip business posted another quarterly record profit.