Search Results for: Samsung
Samsung Pay partners with global POS providers to accelerate m-payment adoption
April 22nd, 2016
Samsung Electronics Co., Ltd announced today new partnerships with the world’s largest POS makers, including Verifone (NYSE: PAY), Ingenico Group, First Data and Clover, PAX Technology, Equinox, ID TECH, MagTek, USA ePay and OTI Global, to accelerate mobile payment ...
Samsung sees 10% jump in first quarter operating profit
April 7th, 2016
South Korea’s Samsung Electronics is forecasting a 10% jump in operating profit for the first quarter. The world’s largest smartphone producer has said its operating profit in the January to March period is expected to reach 6.6 trillion Korean ...
Samsung becomes latest firm to launch mobile wallet in China
March 29th, 2016
Samsung has officially launched its mobile wallet service in China, in co-operation with local vendor UnionPay. Instead of using cards, the service allows shoppers to use their smartphones to pay for in-store purchases. Last month, Apple launched its own ...
U.S. top court agrees to hear Apple and Samsung patent fight
March 22nd, 2016
The U.S. Supreme Court on Monday stepped into the high-profile patent fight between the world’s two fiercest smartphone rivals, Apple and Samsung, agreeing to hear Samsung’s appeal of what it contends were excessive penalties for copying the patented designs ...
Samsung Electronics Announces Earnings Guidance for Q4 2015
January 8th, 2016
Samsung Electronics announced its earnings guidance for the fourth quarter of 2015. Consolidated Sales: Approximately 53.0 trillion Korean won Consolidated Operating Profit: Approximately 6.1 trillion Korean won The above figures are estimates of consolidated earnings based on K-IFRS. Korean disclosure regulations ...
Apple asks court to make Samsung pay $180 million more in patent dispute
December 28th, 2015
Just over a week after Samsung paid Apple more than $548 million for infringing the patents and designs of the iPhone, Apple has asked a U.S. court to force its biggest smartphone rival to cough up even more. In ...
Samsung appeals Apple patent ‘windfall’ ruling to U.S. Supreme Court
December 15th, 2015
Samsung took to the U.S. Supreme Court on Monday in a last-ditch effort to pare back the more than $548 million in damages it must pay Apple for infringing the patents and designs of the iPhone. Samsung’s petition must ...
Samsung execs investigated for possible insider trading
December 4th, 2015
South Korea’s financial regulator said Friday it is investigating possible insider trading by Samsung executives related to a contentious takeover deal. Kim Hongsik, director of the capital markets investigation unit at the Financial Services Commission, said South Korea’s stock ...
Samsung Electronics Collaborates with Thomson Reuters to Explore Joint Opportunities in B2B Business
October 19th, 2015
Samsung Electronics Co., Ltd., has announced its collaboration with Thomson Reuters, the world’s leading intelligent information provider for businesses and professionals, as an enterprise solution partner. The two companies will explore the development and optimization of enterprise solutions through ...
Samsung Electronics says mobile payments data safe after LoopPay hack
October 8th, 2015
Tech giant Samsung Electronics Co Ltd said its Samsung Pay user data is safe after a hacking attack against a U.S.-based subsidiary that developed a key technology for its newly-launched mobile payments system. Disclosure of the attack, first reported ...