Last quote about Samsung
All quotes about Samsung
The case couldn't have been any clearer. With this verdict, the Constitutional Court has sent an unequivocal warning to the people in power not to take advantage of their positions and seek personal gains.
It was a such an obvious case that there was no room for the court to rule other than impeaching the president. Through the 'Choi-gate' investigation, we found serious violations of laws and evidence of meddling with law and order of the nation by both Choi Soon-sil and Park Geun-hye.
The president violated the Constitution and South Korean law by letting Choi Soon-sil get involved in government affairs. This is a violation of constitutional democracy.
I apologise to the South Korean people for revealing something which is not positive through this incident.
If Samsung's Lee is convicted and receives more than a suspended sentence, it would be a significant step in demonstrating that the court system has evolved to the point where it can prosecute white collar crime cases against chaebol heirs.
One of the key potential pieces of evidence will be the notes of (Samsung Electronics President) Park Sang-jin. He had taken notes of his meeting with Choi and the prosecution appears to have those notes. How Park Sang-jin's notes are worded and what they might lead to will indicate whether this was a case of bribery or an issue of extortion.
Between the time that we notified them and the release date, it was approximately one line of code per week.
Yes, I think anything connected to the internet is hackable, is something that can be compromised and ultimately you've got to be mindful of where you want your devices placed inside of your homes, offices and across your personal life.
They're tapping into cars. They're tapping into home TVs. They're tapping into every device that you would carry that has a battery in it basically. Because of that, it's so prevalent. There's just so many holes. We're just getting started looking at them. I think Samsung was one of them that they listed, that they could turn it on remotely but it wouldn't put the power light on. So anybody in that room would then be discussing or talking and being monitored without their knowledge or consent.
The exploitation of user endpoints (mobile phones, personal computers, etc) is actually not a new technique, but one that has existed since the first malware was created. This unfortunately is not something that cryptography is designed to defend against, as encryption by itself cannot guarantee the security of end-user devices.
The core cryptographic algorithms and techniques used by ProtonMail and other encrypted services remain secure.
I don't see that risk because I think the China-U.S. relationship is the most important relationship in the world, we need each other.
I think more important is not adding more countries for now, but going deep in each country. I think the Gionee brand is not ready to enter in U.S. or Europe, but if we partner with local brands and offer products with them and work with them to understand this market, then we might be able to. For the developed markets, we have a plan to go step by step and not rush.
Our experience in these markets will help us better understand consumer behavior and prepare us for future expansions.
Recently we have expanded into a number of carrier led markets, such as Taiwan, Singapore, Australia and most recently, New Zealand. The response to date has been extremely encouraging. In Singapore we're now number 3 in the market. Likewise in Australia we have signed agreements with major carriers including Vodafone, Virgin and Optus and are experiencing triple digit growth.
In my judgment, AbbVie would not have invested the considerable resources that this trial has required unless there was a good commercial reason to resist the declarations.
I now turn to the question of spin-off value. The Claimants submit that the declarations will be influential in other European Courts and tribunals, and will make it more difficult for AbbVie to obtain preliminary injunctions, particularly in jurisdictions where validity cannot be challenged whilst patents are under opposition in the EPO (European Patent Office).
We welcome the court's judgment. At Samsung Bioepis, we remain committed to driving positive change in the healthcare system through the development of affordable, high-quality biosimilars.
The thing about Samsung is, it's a giant wound-up ball of yarn of cross-holdings. The setup is so complicated that sometimes I wonder if a group of smart people could find a way to tug at the right connection and find a way to loosen it up, to unravel it a bit, just to see if they could pull it away from the company.
That's never happened in Korea before.
To South Koreans, chaebol have two faces. On one hand, chaebol symbolize corrupt ties between business and politics, so people call for reforming chaebol. On the other hand, the economy is so heavily dependent on chaebol that people fear that shaking them too much might make them collapse.
The mission right now is to save Jay Y. Lee. It's like 'Saving Private Ryan.
South Korean people, have never had a chance to learn how a modern globalized company should be run.
We are proud of what we bought to market with the G5. What it didn't do was appeal to the masses.
With the G6, it was Important to make a product this time with mass appeal and to make sure we had strong aesthetics.
I don't think people will get this, the point is this has become the story of the show and quite frankly it's a damning indictment of the state of the smartphone market today. It's characterized by a sea of sameness, lots of rectangular devices and Nokia too have the same problem because they are trying to get back to the market with a device like this which is their Android phone and, to be honest, if that's all they'd announced, it wouldn't have got many column inches at all.
I would say that it is a project that comes from the heart, because it's very much part of the mobile phone industry. It was one of the best selling devices in the history of mobile phones and this is a new version of that product.
The ability to create its own chipsets is the pinnacle achievement for any smartphone company.
The Sony super slow-motion capability enables you to capture life in impressive slow-motion detail that is so precise it will reveal the things beyond the human vision. With the super slow-motion, every day moments that happen in the blink of an eye, can become stunning visual memories – a cat leaping in the air for play, a humming bird in flight or a balloon bursting in mid-air, to name a few. You can dramatise just about everything for any moment, with the super slow-motion.
I absolutely think Samsung is going to have a huge impact on the market. I think it's going be the biggest launch they have ever done. I think it's going to be an extremely impressive device and I think it must be a very daunting prospect to all of the competitors in this Android market where competing there is really, really tough. And that's before you even start going head-to-head with the iPhone.
This has become the story of the show and quite frankly it's a damning indictment of the state of the smartphone market today. It's characterised by a sea of sameness, lots of rectangular devices and Nokia too have the same problem because they are trying to get back to the market with a device like this which is their Android phone and, to be honest, if that's all they'd announced, it wouldn't have got many column inches at all.
This year has presented an unexpected window of opportunity for Samsung's rivals to position their new devices in the limelight. It's a unique chance to get airtime before the Samsung marketing freight train grabs all the headlines when the widely anticipated Galaxy S8 breaks cover.
Yes, it's an opportunity, it's an opportunity for everyone.
The competition is feisty but I think we have a good chance.
The long game in smartphones simply is a marketing game.
In the coming years we believe we are going to be one of the top players in the smartphone market globally. I think because Nokia as a brand is known absolutely everywhere and that gives us opportunity to go global immediately and that's what we are going to do. Awareness is huge and everybody knows Nokia globally, there's no question about it. There hasn't been Nokia smartphone in the market for a while, still it's one of the top preferences. And now when we combine Android, finally in Nokia, there is going to be an explosion in demand.
Having Foxconn as one of its backers gives HMD Global an advantage of some rivals. As the biggest contract phone manufacturer in the world it can offer scale advantages and access to the latest technology which should help HMD Global to offer strong devices in the fiercely competitive Android smartphone market.
We are absolutely laser focused on partnership with Google. We are driving the elements bothering consumer like security and software updates. And they hate clutter and that's why we took this approach.
In the process of addressing the situation, I think Samsung buys back some of the good will with consumers. What people want is an assurance that it doesn't happen again.
The microscope is going to be firmly on Samsung.
First, Samsung expended many resources to find the root cause of the Note7 issues and change their processes to assure it won't happen again. Secondly, the expectation is that Apple will really extend themselves to make the next iPhone dramatically different, so Samsung benefits from the extra time.
The P10 is an even more refined flagship smartphone for Huawei and builds on the P9 which was a pivotal device in establishing Huawei as a credible high end phone maker. It is clear that Huawei has huge ambitions and this device coupled with other devices such as the Mate 9 will certainly help cement its position as the clear number 3 in the smartphone space.
We started by placing these two (sources) as far apart as possible and then built the phone around it. What's important for them is to make sure that they present to their subscribers a quality, stable product. This caught the entire market off-guard.
We can compete with Apple and Samsung directly in the enterprise market. We are going to use this device, to break the armor and it's our way in, once you have a way in you can get the mind share and hearts of those people.
With Pyongchang 2018 and Beijing 2022, winter sports will move from Europe and North American to Asia. We will have more sports fans among Asians because of Pyeongchang 2018 and Beijing 2022. Samsung has already committed to sponsoring the IOC and the Pyeongchang organizing committee. Even with the recent scandal, I don't think (the Olympic sponsorship) will be affected. We already have the agreements, and Samsung has already donated and has agreed to sponsor (the Olympics). So I don't think it will be affected.
It might be a good chance for them enhance their corporate governance system. They have been relying too much on this family control system for many decades, so this might be a good chance for professional managers to actually run the empire.
The arrest of Lee Jae-young should provide a momentum for fundamental changes to end the collusion between the government and businesses, and reform the chaebol.
With the owner of the company being arrested, it will mean not only financial losses for Samsung, but also social costs as well. However, with this South Korea is showing that it will not accept wrongdoing. So, in the long term, there's a chance that South Korea's credibility will be raised.
He doesn't get into every business decision, but he's the one who has to sign off on major investments or acquisitions ... That's why he can't easily be replaced.
While there was nothing positive about the news, there was one reprieve for Samsung – Lee is not the global face of the brand. Mr. Lee, globally, isn't aligned with the global brand and consumers, and he's not really involved in the day-to-day activities.
From a legal perspective, he has, in the eyes of the prosecution, committed a crime, which is legally punishable. And he will be held accountable for this. This is the entire process we're seeing right now, that is the process of establishing the rule of law in (South) Korea.
Lee's arrest increases the risk that additional evidence will come to light that Samsung paid Park's confidante, Choi Soon-sil, in return for the government's help in securing approval for a merger in 2015 of Samsung C&T Corporation and a sister firm, Cheil Industries.
"The arrest of Lee Jae-yong should provide a momentum for fundamental changes to end the collusion between the government and businesses, and reform the chaebol,"
"The future outlook is clouded by rising political uncertainties and waves of anti-globalization sentiments from the U.S. and Europe. As U.S. reaches full employment and approaches closer to the Fed's inflation target, a tighter Federal monetary policy is expected to lead to a stronger US dollar in the months ahead. This might worry investors,"
We hope it marks a beginning to end our society's evil practice of cozy ties between government and corporations and move towards a fair country.
"We hope it marks a beginning to end our society's evil practice of cozy ties between government and corporations and move towards a fair country,"
The future outlook is clouded by rising political uncertainties and waves of anti-globalization sentiments from the U.S. and Europe. As U.S. reaches full employment and approaches closer to the Fed's inflation target, a tighter Federal monetary policy is expected to lead to a stronger US dollar in the months ahead. This might worry investors.
It is not like Samsung's business will be grinding to a halt. There are many smart people at the company. Samsung presidents are evaluated on an annual basis, so they cannot make bold bets about the future. They need a chairman when making long-term investment decisions.
Huawei is poised to reduce the gap further with the No. 2 global smartphone vendor.
What is really driving the stock of Apple is something quite different. A realization that Apple's worldwide sales are coming in better than expected, its service revenue stream is on fire and its design and manufacturing supremacy is leaving long-time competitor Samsung in the dust. I say you can trade the metal stocks, but not invest in them.
What's needed here is oversight. Some cases may be legitimate, such as devices that need to be modified to prevent forest fires or human deaths; others might be more difficult to assess.
I will once again tell the truth to the special prosecution.
(The Samsung case) is exactly an example of how devices ... are no longer objects we own, but rather services we've subscribed to and which can be revoked at a moment's notice.
With power comes responsibility. It's a new power that the device manufacturers and telcos have. How they exercise their responsibility is very important.
This ... is an extremely useful way of providing updates on devices without users having to take it in to a store.
We ask that the industry shares the view that making efforts to ensure safety is equally as critical as developing new products through technological innovation.
Of course costs would rise, but if they don't do that they would get hit with tariffs.
Thank you, @samsung! We would love to have you!
You know, I think there are parts of this that are on a good trajectory, and parts where we're a little behind, where we would want to be. I think Samsung shipping 5 million Gear VRs – that's their product, not ours, but we build technology that powers it. I think that's quite a good result, and one that we're very happy with. It just shows how strong of a company that Samsung is, being able to build these products and sell them through into the world.
We were encouraged by our performance in China because it was clearly an improvement over the last couple of quarters. In mainland China in particular, our revenue was flat and actually grew in constant currency terms. Clearly, this issue of the strong dollar doesn't help us.
They tell everyone its voluntary. That's like a store saying, You can have this have this candy bar if you want,' but then they say, We're still going to arrest you if you walk out with it'. We live in a free country, we don't have to be forced beyond our will.
Yes, I'd consider myself a rebellious person.
A number of them know me as a little bit of a maverick. I regularly wear pants printed with dogs and whales ... I'm not the same type of buttoned-down businessman that you see in stock pictures. Some people have said I'm tilting at windmills, but no complaints from clients. I have a somewhat healthy disrespect of authority. I'm a Linux guy. There's a certain ethos that goes with the champions of each brand. I'm into sharing the knowledge.
Very few people have reached out and heard our side of the story.
The main reason is not just because it's a great phone. Yes, it is. But we feel that Samsung put us in an unfair predicament. I have never been a tech enthusiast, until after this phone came out and the recall started happening. That is what turned me on to tech.
It looks like it has the potential to be a strong competitor to the likes of Apple and Samsung.
Consumers expect more power from a smaller battery that charges faster and discharges more slowly. Companies are under a lot of pressure to meet this performance demand. Industry needs to learn from this experience and improve consumer safety by putting more safeguards in place during the design and manufacturing stages to ensure that technologies run by lithium-ion batteries deliver their benefits without the serious safety risks.
What's been difficult for LG is growing the brand awareness that drives the demand from consumers.
Even if this is one of the best devices at MWC, I don't see it changing the fortunes for LG.
Unwinding free trade agreements and imposing border taxes is seen by markets as a negative for the dollar, which is not being helped by statements from the U.S. Treasury Secretary about it being overvalued.
Investors are nervous due to Trump's protectionism policies and their hope is that his tax cut policies could perhaps save the day for them.
Taking this incident as an opportunity, we have strengthened our determination. From now on, we will give product quality and customer safety top priority.
We suggested that the Note 7 has innovations and a compact design and a 3500 mAh (battery) but we did not know how to make the separators within (the battery) or how many millimeters thick they should be.
Samsung said the weaknesses could make the phone prone to catch fire. That I understand, but what did trigger fires in such conditions? Did they discuss if there is another cause? No.
Samsung said the weaknesses could make the phone prone to catch fire. That I understand but what did trigger fires in such conditions? Did they discuss if there is another cause? No.
"We suggested that the Note 7 has innovations and a compact design and a 3500 mAh (battery) but we did not know how to make the separators within (the battery) or how many millimeters thick they should be,"
Samsung may have given a really high target for its battery capacity to suppliers, as consumers demand longer battery life. Its waterproof feature may have prevented heat from dissipating.
The biggest mistake Samsung made was that it recalled its Note 7 again.
Consumers will not be reluctant to buy the S8, expected in April or May, only if Samsung clearly finds out what caused the fires.
It used to be said we were two years behind Samsung (in 3D chips). But we were faster in (64-layer chip) sample shipments, so we believe we've caught up with Samsung technology-wise.
We launched multiple devices across Samsung's entire portfolio and gained momentum in China, with key wins at market leaders Oppo, Vivo, Meizu and Xiaomi. All of these wins were captured by resulting the growing complexity and performance requirements inherent in today's advanced mobile architectures.
We will consider necessary measures and continue with the investigation without wavering.
Right now our foot is still pressing on the gas pedal, though, as I noted, we have eased back a bit.
Unless Donald Trump attacks the dollar again on Friday, we have seen the end to a month of losses in the greenback.
The corporate governance issue for the chaebol companies have been around for the last 50 years.
I think that's the thing you need to worry about: big decisions.
The most powerful weapon against counterfeiting today is data and analytics, and the only way we can win this war is to unite. Alibaba welcomes brands and other organizations in the creation of the world's first 'Big Data Anti-Counterfeiting Alliance.' With our robust data capabilities, we are confident the alliance will accelerate the digital transformation in our global fight against counterfeits.
I cannot comment specifically on the timing of a face-to-face investigation of the president, but I believe it will need to happen by no later than early February. The president has said she would submit to face-to-face questioning, but if she refuses to comply there is no realistic way to force it.
Beyond the arrest itself, this is going to be a big blow to the narrative they've been building. It's hard to convince shareholders and partners they are a hip Silicon Valley-style company when these charges show them to be a company run like a feudal dynasty.
You also have the Chinese companies, who have seen excellent success. You have Oppo, Vivo (and) Lenovo, who are selling phones that are a bit (pricier), around $150 to $200, but they're giving Apple and Samsung a run for their money because (of the) comparable specifications.
It's possible that Samsung Group companies will try to behave more transparently in response and operate in a more fair manner that shareholders can rationally understand.
I am very sorry to the South Korean people for not showing a better side.
What are we going to do if Apple and Samsung start making apparel and footwear? How are we thinking ahead of that curve? Anything that makes sense to have a chip in it, it should….we expect to build it first. We've always been a technology company, not any one of us can afford not to be.
It's a major engineering achievement. Doing that without an OLED display is very, very hard because you have to backlight it. The world hasn't seen anything like this.
Our company is a different management style than other companies. We call it collective wisdom. We are not only diligent…we are also flexible.
We never hide our ambition. We have a vision to make the world's best smartphone.
In near real time, what we're doing is computing the risk of concussion for any single head event.
It's thanks to the improvement in semiconductors and displays on top of favourable foreign exchange rates.
Chinese brands are offering quality that is at par with Samsung, at a better price. Of every 10 phones I sell, almost six to seven are now Chinese brands.
Being a global company is Samsung's biggest curse. Samsung phones were comparatively expensive, so I ended up buying a Lenovo a friend recommended.
In a country like India, there are two religions – one is Bollywood and the second is cricket.
There was no collusion between my client, the president and An. There is no truth in saying the accused (Choi) was involved in collecting funds for foundations from conglomerates.
The accused has not sought one bit of financial gain for herself since the day the foundations were established.
They are the king of repatriation. You can repatriate those assets from overseas [and] that's $40 in cash per share overseas. It's hard to hate that stock given the fact that it is such a huge winner under the Trump regime.
We'll have to see how the mobile business does … but I think Samsung's operating profit should be able to come in somewhere around mid-30 trillion won range (this year).
We'll have to see how the mobile business does ... but I think Samsung's operating profit should be able to come in somewhere around mid-30 trillion won range (this year).
It's not good etiquette to the justices and also inappropriate for the president, as the defendant of the impeachment trial, to say this and that to the media outside of court.
It will take the collective efforts of all employees to overcome the daunting challenges ahead of us. Let's leverage our full set of capabilities as a company to confidently and definitively rise above these challenges.
After the expensive lesson learned last year, let us make all necessary reforms. First, we will maintain the basics of product competitiveness. Quality has been the cornerstone of our success that we must not compromise. We will restore top quality standards through improved processes and strengthened testing.
Young riders are frustrated over this.
It was an important issue, and as president, I thought that it would be good for the National Pension Service to respond well to it. I have done my job and made judgments as president; how can you frame things to claim that an acquaintance did everything?
The matter is under investigation, so I can't make detailed explanations that might put both sides in trouble, but what I can assure you is that I have never conspired with anyone or did anything to give favors to someone, not even by a bit.
Choi Soon-sil has shown us that our democracy was shattered. I hope in 2017 we will see our democracy repaired.
I think Samsung have got their heads down and are getting on with it. It's essential because the competition doesn't get any easier.
We have always said right from the beginning that we didn't think it would have a dramatic long term impact on Samsung, so far we are being proved right. It wiped out profitability, but I think they will record a spectacularly strong fourth quarter because they have upped their game in terms of marketing with the S7 and Edge and the S6 and entry level.
Samsung is the next brand which will face the Chinese onslaught in the India market. In Western Europe, Huawei has been growing very fast. Huawei is taking away share. If Samsung loses market share in a high volume market like India quickly, then overall market share will decline because it will be more dependent on Western mature markets like U.S. which is more carrier driven.
The entire onus is now on S8 and it has to fill up the gap which Note 7 left.
There's no effective process for verifying that the party sending in the infringement form is accurate or legitimate.
How could sellers be so badly misdirected to the wrong agent? From an operational perspective, this is a massive failure.
They're caught in the middle. They want to make sure rights owners are happy, but they also don't want to alienate every seller.
We are really looking to the next generation of technology, so we don't just go underglass, but we are integrated into the display.
It was difficult to turn down the Blue House's orders and requests. What was different about the Mir and K-Sports foundations from other foundations the FKI established was the fact that the Blue House became involved in detail.
The end result will no doubt be positive.
The Samsung case did make (Chinese smartphone users) start to think an international brand doesn't necessarily equal to a safe product.
There are often requests from various parts of society including for culture and sports. We have never contributed seeking quid pro quo. This case was the same.
This removes a threat for technology companies. The products that incorporate technology are not automatically going to get stung with a patent infringement suit that's going to cost them all of the profits from their product.
There are two powers in South Korea that were untouchable - the president and the chaebol owner families. The two powers that were previously impervious are now being checked and criticised, and that is significant.
The chaebol chiefs' testimony will be linked to the reasons why she faces impeachment. If the chaebol chiefs try to dodge this the blowback will be huge; they can't get out of this.
What we are seeing is that the customers that would have bought the phone are waiting. They are loyal to the Android phone and Samsung. There's a segment of those customers who really like that 'phablet' product, and there isn't one that satisfies them right now.
Cult loyalty involves connecting to all the other people that have made this brand choice. Apple does that. Harley-Davidson, it's like a lifestyle. There's what they call the 'Jeep wave.' It's more social in nature, and that makes it increasingly harder to undo.
Even really strong brands with a lot of brand loyalty aren't immune to this customer change of heart problem.
They're a bit controversial for Apple, they don't come with the phone, they are a pretty high price point. I would wonder if they have convinced the market yet ... that it's a critical part of the their product lists.
So long as Samsung can maintain healthy cashflow levels and it moves to buy back and cancel more shares, dividend per share will continue to rise. At this point it's hard to tell how big a boost in market valuations there will be from the holding company talks, but the prospects of payout growth is clear and positive.
The reason you buy an Apple product, an iPhone, is not the hardware itself, but its entire ecosystem: iOS, the App Store and so on. You're seeing challenges from Samsung, from Xiaomi, from maybe a Pixel phone right now. But that's a hardware discussion. It doesn't change the value proposition Apple has as an ecosystem.
Samsung's moving to a holding company structure is what investors had already had in mind, so it was not a surprising matter. Samsung's movement has been noted in the market and priced in already. That's why today's Samsung stock moved strongly but closed flat.
We put the utmost priority on battery reliability, and will use this opportunity to further enhance customer trust.
Your own personal experience trumps what you read and what people tell you.
The Samsung issues will be somewhat of a drag on Q4.
I'm actually super excited to run this company with all the synergies from the deep R&D, which will actually accelerate the R&D and innovation that we have been driving.
You want to be the center of infotainment, which they've now brought it into the center for yes, cyber-security [and] autonomous cars.
They're putting together a lot of the pieces that they could integrate to supply some of these companies.
They're looking for other revenue streams not necessarily as dependent on consumer perceptions.
Pharmaceuticals and biosimilar shares are rising across the board as the perceived risk of Hillary Clinton becoming the U.S. president has been removed.
The IPO price reflected all of the upside such as future orders expected to be won, but not the risks, such as unforeseen changes.
Regardless of whether people change or not, the (next generation) Galaxy S8 needs to hit the market for Samsung to get beyond the crisis. The company will put all its efforts behind the product to regain consumer trust.
I panicked when I saw the smoke, and I had the reflex to throw it away.
These reports tend to cluster.
Our priority is to reduce any safety risks in the home and to provide our customers with easy and simple choices in response to the recall.
Any differentiation from Huawei won't last long.
Huawei is coming under intense pressure at home in China as (lower end manufacturers) OPPO and Vivo offer similar phones at better price points. The Mate 9 will help alleviate some of that pressure.
We're in a mature phase of the smartphone market, now only incremental changes are being made.
It learns how you use your phone.
Just the device is no longer enough. AI and voice control will be main features on smartphones in the coming years.
Inflation from the demand side isn't strong yet, but when you look at energy prices rising, the Bank of Korea is likely to use its rate cut card very slowly.
We have Bosch as a strategic investor, we have Samsung as an investor and Bosch is interested in autonomous vehicles and the next generation of transportation, while Samsung is interested in missing word edge of network devices.
GPUs have been built to run programs that completely describe the algorithm. Machine learning is different. You are trying to teach the system using data and that requires a different style of compute.
We do not expect future technology to look, sound and feel as it does now … Smart technology, as well as cloud and AI have begun to merge so what we'll see in the future may be entirely different from what we have today.
If the problems of our competitors result in an increase in our sales, it's a good thing for us, But we're more concerned about providing more reliable products.
We have our sights on the global market. China will make up a substantial portion but we're focused on global growth.
The longer-term impact on the Samsung brand remains to be seen. If the first recall was a stumble for Samsung, the second recall of replacement devices face-planted the Note series.
In small size OLED Samsung is the 600 pound gorilla.
In memory they are the global leader, and we have heard demand trends are strong, supply is constrained which is good for pricing.
Looking at where the stock trades, it's now looking really cheap, I'm warming up to this.
What is important is clearly investigating the cause. It cannot develop a new product on top of the imperfect platform of the Galaxy Note 7, which had all of Samsung's latest technologies.
We know we must work hard to earn back your trust and we are committed to doing just that.
I am not positive about Samsung's mobile business until the first quarter, although the components division will remain solid.
Apple has been given a slight boost by Samsung's Note 7 missteps, but it continues to face iPhone fatigue among many consumers in major regions such as China and Europe.
Galaxy Note series users tend to be long term Note users who prefer the design, camera, relevant applications for the [Note 7's] digital stylus ... and most importantly those users are more Samsung loyal customers.
He has never successfully demonstrated that he is eligible to be a board member. Just because he was born as the son of Lee Kun-hee, he is joining the board.
The iPhone 7 series should help Apple regain lost (China) market share as demand is tracking better than for the iPhone 6s series. (But) Apple needs to offer something cutting-edge to appeal to maturing Chinese smartphone users who are warming to local brands.
I think Q4 looks promising for Apple in China as long as they ensure supply of the larger 7 Plus.
We have that incident that happened recently and the market is still trying to figure out how to react to this.
The customer is probably Samsung, (and the product) Galaxy Note 7.
You can't just shoot iPhones out of an assembly line at the speed of a bullet. Apple does things to perfection. There is no need to rush and create an inferior product the way Samsung did.
It's going to be interesting: The next 6 to 12 months are pivotal for the industry. It speaks what type of pent up demand there is. Does Google become a player? Will Samsung get back on track? I think it's almost like a game of high stakes poker. You want to see where everyone's cards stand.
It speaks what type of pent up demand there is. Does Google become a player? Will Samsung get back on track? I think it's almost like a game of high stakes poker. You want to see where everyone's cards stand.
Especially in light of the Note 7 fiasco, I think there is a lot of focus to see what types of market share gains Apple has, with iPhone 7 now in their back pocket. In the last 18 months Samsung had a strong momentum. The question is, does iPhone 7, as well as the Note 7, change the dynamics between Apple and Samsung.
When you take away the effects from Samsung and Hyundai, third-quarter growth was considerably better than expected.
South Korean stocks have been stuck in a box for the last five years. World stocks might run into headaches as the U.S. raises rates. We must boost our income from alternatives.
We are such a huge investor, we cannot just jump into a certain sector, we must follow pre-set allocations. Let's say we decide to reduce 1 percent (of the fund's assets) from the local stock market. That's 5 trillion won. The South Korean stock market would crash.
With headwinds across the U.S. and European markets, China has been the golden jewel in the smartphone market, showing healthy growth, which speaks to the importance for Samsung on the horizon.
They definitely have a bit of an uphill battle from this situation when it comes to how they recover.
It's even more important in China for Samsung to repair its credibility, because there are so many Chinese alternatives like Huawei, Oppo and Lenovo. Samsung needs to quickly tell Chinese consumers what happened, when it happened, why it happened and why they should trust the company.
Suddenly, there's no longer an Apple-Samsung duopoly in premium handsets.
But the Pixel is a beaut. It runs fast and comes at a time when the largest Android phone maker, Samsung, is hitting some rough luck.
I'm not saying that third parties are not going to do their best, but if you walk into an AT&T store, you have Samsung devices, Apple devices and other devices, the full line up. For a mobile operator, assuring that a customer is satisfied with the mobile service is the first objective. Their secondary objective is their satisfaction for the device.
Samsung has experimented with doing stores – their product portfolio doesn't lend itself to a store layout the same way that Apple does. Apple has an extremely limited number of products they sell. Samsung has a huge portfolio of home goods and other consumer electronics.
If you think about the opportunity to leverage and establish a network of stores with a third party, that allows you to have massive reach, without the same level of cost.
As bad as the situation is, I cant fault [Samsung] for anything they're doing at the moment. Whatever works best, that's what they're doing.
People really need to take it seriously. We don't believe in recall fatigue. There are certainly a lot of recalls announced, but each and every one is important to respond. You don't know when or where the phone could overheat.
I'm loving it. So far, I haven't had any problems with it ... I'm going to keep it. If I have a problem, then I'm going to think about it, and if not, I'm going to keep it.
It could have negative effects on the economy. Especially in Samsung's case, this minus effect may be reflected in the third and fourth quarters.
It's a fabulous company, but I do worry that Samsung will have to cut back on orders.
The sales impact on other models remains unclear. The end of the premium model will damage Samsung's brand, and hurt demand for its other models. It is difficult to measure such impact.
The problem is there is no other phone that I like.
I've got the Ferrari. And yes, Ferraris catch on fire sometimes.
Markets are seeing a bearish tilt from the Samsung problems. The won will continue to face depreciation pressure throughout the fourth quarter from the blow.
I just brought my baby here with me. If I couldn't work for Samsung any longer, I would have to go back to farming.
Recalling (Galaxy Note 7) doesn't mean we are unemployed or such; Samsung also makes many other phones and new models, not just the Galaxy Note 7.
Samsung hasn't reached a level where they have to cut jobs because they are still hiring many people and constructing more buildings.
The won has already been under pressure from the Fed rate hike expectations. The scrap will hurt the won further indirectly as it hit Kospi.
If we assume a fall in operating profit of the Samsung's mobile division from this event is translated into a fall in value added of the industry, the fall in annual operating profit by 10 percent to 50 percent could drag GDP growth by 0.07 percent to 0.35 percent in the coming 12 months.
Wall Streeters accepted quickly that Sloan had nothing to do with what went on at the retail bank. We aren't even sure that Stumpf did, but it doesn't matter. When there is fraud at a bank, the head of the bank must always take the fall.
The last big thing is the brand is resonating again. We brought the brand back. And that was a big part of the mission when I joined the company.
We are really focused on the beauty enthusiast ... but also as you know, everybody has got a great phone in their pocket. Everybody is taking pictures. Who doesn't want to look good in a picture? I don't know anybody who doesn't.
I thought, why doesn't this happen to Apple or GE? And is Samsung playing it a little too cute in pushing things to limits that other companies aren't pushing in terms of (the) engineering-safety ratio?
It's about correcting the problem, putting a toe in the water before they jump back in the ocean.
Just as this was happening, Google launched the Pixel and Pixel XL, which has a 5.5-inch screen, making it more similar to the Note 7.
That is why the next three to six months are critical not just for Samsung, but for competitors to see who benefits and loses in this smartphone battle royale that has been going on.
It comes down to new releases and innovations – that has been the key to [Samsung's] success over the past few years. Now the question is, will this be a speed bump or a brick wall in terms of their innovation curve?
Samsung will need to do what doesn't come naturally, and that's to be fully transparent. Samsung is a very protective company in that they want to protect their company secrets from prying eyes.
Consumers have short memories and will buy next product they like. Everyone has one mistake here and there, so I don't think it's that damaging.
It's not like they don't have high-quality products to sell. Short term, I expect primarily LG and Motorola to benefit, as Note 7 customers chose Android in the first place. Apple could benefit a bit, but I see other Android vendors benefiting more.
Samsung has not been communicative with consumers, regulators or the media as clearly as it should have during this recall, especially for a hazard as dangerous as this one where your phone can catch on fire, damage your property and harm your family.
It now remains to be seen what Samsung or the (industrial) strikes will materialize into. For example, if the Note 7 debacle does turn into an export crisis, we will know by early 2017 and the Bank of Korea can turn dovish again then.
From what we know Samsung produces 400 million phones a year and South Korea produces less than 30 million of them.
We appreciate the patience of our consumers [and] carrier and retail partners for carrying the burden during these challenging times. We are committed to doing everything we can to make this right.
Third quarter growth seems to have met our expectations, and it looks like it won't be too difficult to obtain our growth forecast.
They want to be known, two years from now, as a company that can be trusted. You don't want them having that worry in the back of their mind.
There's a longer term issue here, which I think is currently more beneficial [to Apple]. You think about the high end of the smartphone market ... it's a two player market. And what we've found in the past is that when market share shifts to Apple, it tends to be permanent, because their loyalty rates and their retention rates are very high.
If you really want to engender loyalty, you have to either stumble upon or build a tribe that follows that brand. When other users seem to have the same value systems as we do, it reinforces our decisions. You're an Apple person, you wouldn't think about swithing because you're part of that brand.
This incident will affect negatively on Vietnam's labour, exports and state budget.
Maybe they should look harder and closer at what is happening at the management level.
It was too quick to blame the batteries; I think there was nothing wrong with them or that they were not the main problem.
The fact that we are dealing with potentially a second recall on top of a first recall is not your normal situation and indicative of a less-than-ideal process that should have involved earlier coordination with the government.
We have the new iPhone … the new Google Pixel … [and] great phones from Motorola as well. I think you'll see our marketing focused on those devices because there is certainty on those at this time.
Samsung reflected most of the costs from the Note 7 in the Q3 earnings, reducing uncertainty about Q4 profit.
I think there was nothing wrong with them or that they were not the main problem. The Note 7 had more features and was more complex than any other phone manufactured. In a race to surpass iPhone, Samsung seems to have packed it with so much innovation it became uncontrollable.
Damage control at Samsung will face an uphill battle to redeem the company's tarnished image owing to the dangerous and dramatic nature of the phone's failure.
A battery is really a bomb that releases its energy in a controlled way. There are fundamental safety issues to all batteries, and as you get to higher energy density and faster charge, the barrier to explosion is less and less.
What we're seeing from the standpoint of lithium-ion technology is they're beginning to reach the safe energy density limits of that technology.
I'm in a state of 'I don't know'. You're thinking, Do I have to turn it in? Is it going to blow up?
They're near the bottom of the pile in terms of mobile now, in the age of Apple and Samsung, Ericsson don't really have a look-in. They haven't really come up with any new or exciting products, so I wouldn't be surprised to see them go further down.
Samsung is a large firm having reputable technology. They can rebuild the trust of customers, so this will not affect much on the future of Samsung.
The rally was purely sentiment-driven as the details of how this would actually work are still pretty thin on the ground, but given Russian Federation is the biggest oil producer in the world any deal that gets them to cut back will be seen as a big positive for the oil market.
Samsung is one of the best component designers in the world. My guess is it's a production problem.
I think it's a very serious problem – it may be even more serious than people have reflected in the market.
I can't compare the iPhone...Samsung is 10 times better. I'm a Samsung fan [ever since] the very first Note came out. I have every single Note.
They told me I have to get the box and shipping label, and then return it to the website. They can't do it here. I have to call the 1-800 number for Samsung, and they send me everything.
We'll give you a device of your choice versus another Note 7 – it's just not safe at this point in our view. Note 7s are off the shelf at this point.
I'm a Samsung fan [ever since] the very first Note came out. I have every single Note.
It's a technical issue, and they're going to come up with a solution for it. I'm not going to switch from Samsung to any other device. Samsung is the best...so far, still.
I think it absolutely could happen to anybody. In a very short amount of time, we have gone to using smartphones and laptop computers to essentially having a computer in your pocket. So that pace of innovation has been very, very fast – faster than any other computer platform.
Thermal runaway incidents have been largely avoided by the majority of battery manufacturers. This would suggest that rather than 'accidents' these events could be described as mistakes, both in design and in manufacturing.
The problem for Samsung is ... they resisted doing the right thing. They tried to downplay the problems, and I think that has made this consumer problem a lot worse....I would not underestimate how bad this is for Samsung in the smartphone category.
I think that it's clear that Samsung cut corners. And when you get a market that's mature, where sales are harder to come by, the temptations to cut corners increase. So I do think the risk is rising that you'll see things like this from other people.
If we see a strong [decision] in favor of protecting these design rights, I think we're going to see more investment in design. People will have to push their designs further to make sure that they stay far away from other people's designs. But if we don't, then you might see more similar designs on the marketplace.
The key here for the Supreme Court is to try and strike a balance that doesn't stifle competition but also spurs innovation.
It's a trade-off between that (risk) and benefits. We place the biggest priority on safety. With current technologies, it's extremely difficult to make it zero chance of such incidents.
The Galaxy series is completely different and focused on a different part of the population.
They have a lot of this technology in house, from semiconductors to screens, so they'd probably be the least likely one that this would happen to, but here we are today.
There might be some brand damage. There could even be impact to the broader Samsung shipments.
If you see something, say something.
You know, wallpaper, you get the whole thing. A Rolls Royce thing on the hood? No, no, no. You don't get all the profit from the car.
Part of our thesis on Apple all along has been, they are taking a good amount of market share from Samsung at the high end, and even from some other brands that are moving upmarket.
Outside of Samsung's Galaxy S7 flagship, a majority of vendors, including Apple, have found success with more affordable models compared to their flagship handsets.
Most of them will go to Apple. Those are premium customers who prefer a premium brand.
Chris Chang - Nomura Securities
Even if we factor in the worst-case scenario for Note 7, we think Samsung's overall 2017 operating profit is still likely to grow 30 percent year-on-year to 37.6 trillion won and surpass the all-time high of 36.8 trillion won in 2013.
If they skip the Christmas selling season, it's going to be even worse. On the other hand, they can't really rush [into introducing new Note 7 handsets into the market].
They need to have some kind of good quality product out in the market.
Samsung totally botched this. To have this get out the first time is obviously a quality control problem ... and then to have the recall botched, to me is completely inexcusable.
Ultimately they did the right thing, which was to announce a full recall.
This is a truly difficult problem. It was Samsung's mistake to have underestimated it.
A company's brand is their promise to consumers. If you break that promise, you lose the customers, you lose their loyalty.
They have to comprehensively check everything from the very basics, outside the battery and inside the phone.
The improved product does not have the same defect. That's why we think there is a new defect.
Samsung's best, latest technologies are all in the Note 7. If it releases the next phone, it has to use the technologies in the Note 7.
They have that time to come up with a convincing story and a set of actions that will reassure customers that when they buy an S8, it's going to be safe.
Now they've got to demonstrate why potential buyers shouldn't worry about future Samsung devices.
I feel incredibly limited on this 5S. They took my tool away, and the only way to get something else is to jump through hoops.
I am currently using my tablet that has AT&T number sync. I have a Bluetooth headset connected that allows me to make and receive calls. It also can receive texts, but it works marginal at best.
You can't write off Samsung.
Next time I think I'll wait and get it once it's been around the block a few times.
Some people might have already been thinking about making the switch and now here's their chance.
Samsung has the premium end of the smartphone market pretty much sewn up on the Android side. This creates a slightly bigger opening.
I can't get over the thought that nobody buys a car, even a Beetle, just because they like the way it looks.
If I were a juror, I wouldn't know what to do.
It may be that the body accounts for only 10 percent of the cost of the car, but 90 percent of the profits are attributable to the shape of the car.
Being phoneless is awful. What I don't think a lot of people think about is just how reliant we have been with the modern flagships.
They took my tool away, and the only way to get something else is to jump through hoops.
We firmly believe that strong design patent protection spurs creativity and innovation. And that's why we've defended ourselves against those who steal our ideas. Eleven times now, Samsung has been found guilty of intentionally and blatantly copying the iPhone. Every court at every level has agreed. We think that's wrong and that it poses chilling risks to the future of design innovation.
The problem is how to instruct the jury. If I was a juror, I wouldn't know what to do.
By the time they fix the problem, they have to go through recertification and requalification, and by the time that happens, they are going up against the (Galaxy) S8 launch.
This has probably killed the Note 7 brand name – who knows if they will even be allowed to re-release it. By the time they fix the problem, they have to go through recertification and requalification, and by the time that happens, they are going up against the (Galaxy) S8 launch.
In the worst case scenario, the U.S. could conclude the product is fundamentally flawed and ban sales of the device.
While we continue our active investigation into reports of phones overheating and burning in multiple states, consumers should power down and stop using all Galaxy Note7s. No one should have to be concerned their phone will endanger them, their family or their property. Due to the ongoing safety concerns associated with Galaxy Note7 phones, it is the right move for Samsung to suspend the sale and exchange of all Galaxy Note7s.
The (Galaxy Note 7) unit is forever going to be tarnished and the danger is that the brand becomes irretrievably damaged as well. They need to be writing to every customer with an apology and some form of 'compensation'... It will clearly be costly for the company but the alternative is to end up going the way of Nokia and BlackBerry.
They need to be writing to every customer with an apology and some form of 'compensation'... It will clearly be costly for the company but the alternative is to end up going the way of Nokia and BlackBerry.
We have the new iPhone, we're about to launch the new Google (NASDAQ:GOOGL) Pixel, which is exclusive to us. We've got great phones from Motorola (NYSE:MSI) as well.
This is the safest course of action.
This has been a real black eye on the product.
What's happened in the last few days just complicates things enormously. It calls into question their ability to manage quality control and everything else that goes into that.
We haven't gotten anything from Verizon or Samsung. There haven't been emails or calls. I want to get something official.
I don't know if it's a big deal or not.
What's scary is that this is causing people to repeatedly doubt Samsung's fundamental capabilities, so it's important for Samsung to get past this issue quickly.
We believe the Note 7's ongoing issues could help market share shifts for Apple.
I look at the recalls and safety issues with major auto manufacturers that have killed people. What we have learned in the auto industry is this is not a death blow by a long shot. Once they definitively see what happens, these things blow over in a few months.
What it indicates is that Samsung's appetite to be a major player not just in hardware, not just in operating systems on watches or TV, but a layer that has services behind the hardware. These investments will make it increasingly hard for smaller hardware companies to compete because this kind of software is very much a scale business in terms of investment and training data needed to make the assistant smart.
Samsung has an ecosystem of devices many of which really benefit from voice control and intelligent agents.
We will give Note 7 all the support we were going to give it in the first place. There is no backing away from it.
There is no backing away from it.
We'll see an earnings surprise in the display and memory chip businesses.
The numbers will show that they are the two growth engines for Samsung.
Google still has many smartphone hardware partners, unlike Apple, and it continues to need them. Because if not, Samsung may ramp its fall-back Tizen OS strategy, and more significantly Google's many China headquartered smartphone maker partners may fork Android and take their more proprietary Chinese Android variants into international markets.
Google's relationship with OEMs (original equipment manufacturers) like Samsung has always been complicated, but today's (Tuesday) announcements made it even more so, especially given that Google appears to be aiming both at the premium smartphone and VR headset spaces which Samsung currently dominates when it comes to Android.
Samsung has drastically changed in terms of how they handle acquisitions and integrations over the last three years and really gotten good.
We, of course, did our own independent inquiries about this issue.
Our focus is really more device-centric. How do we revolutionize how users interact with our devices and our appliances?
Obviously, Google doesn't want to explicitly compete with its own partners, but this product is much more likely to compete with Samsung than Apple.
We believe that Google can and will be doing both things. Both delivering platforms and building our own products.
You want the consumer first of all to have this great experience out of the box in terms of the design of the packaging.
It's not a zero sum game.
A premium Android strategy is really a strategy to take market share from Samsung.
First, Galaxy Note 7 devices shipped to China, installed with ATL batteries, were not recalled. Second, not all consumers who have already purchased the product will participate in the recall.
Caroline Kim - Deutsche Bank
We remain positive on [the] memory [business], with continued capex discipline, stronger demand from spec upgrades and tight supply.
It appears that some major manufacturers have modified their TV designs to get strong energy-use marks during government testing but they may not perform as well in consumers' homes.
I think consumers are pretty unhappy with Samsung. Consumers start to feel like they are being taken advantage of, that they are not being accorded the same respect here as they are abroad.
Or if they want a Samsung, they probably are going to wait for the next generation, because they don't want to take the risk that they will get a faulty product.
In any given month, a brand is going to leapfrog another brand and come up with a brighter screen or bigger battery of faster charging.
It appears that some major manufacturers have modified their TV designs to get strong energy-use marks during government testing but [they] may not perform as well in consumer homes.
All other things being equal, Apple still makes more margin from hardware than Samsung, but materials costs are higher than in the past.
I was very excited about the Note 7. The screen was amazing, the camera perfect and it was a beautifully designed phone.
We don't comment on pending litigation. We are urging all Note 7 owners to power their device down and exchange it immediately.
More importantly, it's better for consumers because they get an independent verification that the remedy is the right one.
Really with the Samsung recall, the carriers have one new premium-tier phone, and they've been very aggressive with the subsidies. It's really surprised us.
The screen was amazing, the camera perfect and it was a beautifully designed phone.
My wife and two young children were at risk. Trust is something that is very hard to gain back, especially when the market is so competitive.
I told somebody yesterday I'm not giving up my Note 7 until they have to pry it from my cold dead hands.
But I'm going to wait and see how things shake out before I go down that path again.
"Because this product presents such a serious fire hazard, I am urging all consumers ... to take advantage of this recall right away". "As a general matter it's not a recipe for a successful recall for a company to go out on its own".
I've been here for a week and a half. I was trying to get the 7 Plus and the new jet-black, but they don't have the 7 Plus or the jet-black, so I ended up getting the regular black, then the 7.
Well certainly, if it starts charring or it gets overheated, step away from the phone, make sure that it's of course, if it's contained, it's not near anything combustible and immediately – certainly if it's a fire hazard, contact the fire department, call 911.
I still think it has a strong appeal, plus because of the Samsung Note 7's safety problems perhaps a lot of users who wanted to buy Samsung will now buy the iPhone 7.
I'm still very sad that I'm not going to get a jet-black of any phone. I thought Apple being Apple they would have some, they wouldn't sell out through pre-orders, they would have some aside for loyal fans like me that line up.
Apple got the gift of all gifts with Samsung creating an exploding phone and the fact that the Samsung Note is a disaster actually really helps Apple.
With battery cell defects in some of our Note 7 phones, we did not meet the standard of excellence that you expect and deserve. For that, we apologise, especially for those of you who were personally affected by this.
Because this product presents such a serious fire hazard, I am urging all consumers... to take advantage of this recall right away,'' Elliot Kaye, chairman of the US Consumer Product Safety Commission said.
That in my mind anybody who thinks that a company going out on its own is going to provide the best recall for that company, and more importantly for the consumer, needs to have more than their phone checked.
I would trade those values for some more first downs, or some more touchdowns.
Potoo is a bird that is indigenous to the Amazon, and it's a camouflage bird that is integral to the ecosystem but hides out in the background. And that is what we do for our clients.
Because this product presents such a serious fire hazard, I am urging all consumers ... to take advantage of this recall right away. As a general matter it's not a recipe for a successful recall for a company to go out on its own.
We did not meet the standard of excellence that you expect and deserve.
And that's an important point of why it's so important that companies do come to us, because it works out better for the company. It's a cleaner, more efficient recall that is smoothed out, and it also gives consumers the benefit of knowing ... that they don't have to go through further hassles.
Consumer safety is always our highest priority.
We want the recall to be simple and straightforward.
With the carriers telling Samsung owners that Samsung wants you to take your phone back into the store, well, people are going to look elsewhere.
Apple still hasn't matched Samsung (and others) with such convenience features as fast charging and wireless charging.
We expect the situation to last for the coming one to two quarters. This will not bring any capacity issue.
This could mean ATL would make all the batteries on Note 7s to be sold this year ? which I expect to be 12 million maximum now.
It means that the phone has not been optimized before the release.
It is taking a desperate measure.
That's what investors have asked for.
Might not sound like much, but in this hyper-scrutinized investor concern on the health of the iPhone franchise, every percent counts.
This is not the time to be thinking that everything will work out.
And I think what the company has to do is be up front about it and be very clear about how it will fix the problem, what happened and how it will work. Because they were hoping this was the best phone that's ever been released, and in fact, it's going to go down as one of the worst... it's going to be very scary for Samsung.
I have no doubt that a few weeks from now, they will have replaced most of the telephones and the fans will continue buying the phone, because it is a beautiful phone. It's the best phone ever made.
These things happen in technology. What Samsung is doing is they are rapidly innovating, they're rapidly getting technology out, while Apple is constipated. You're not seeing any new features out of Apple, other than maybe a better camera ... They're copying everyone else.
The way Samsung handled it is excellent because they admitted fault, they're doing a full replacement, correcting the problem.
I can't think of a worse situation.
We think there's no doubt that this is bad news but we think that it's totally over-represented inside everything else that Samsung at the moment is getting right. So we would be looking for this story to maybe build in the next couple of days and as the headlines reach a crescendo we would look at this as an opportunity to get into a huge company that's doing an awful lot of other things right.
The most important thing is whether the new Note 7 which will be released from now on will have another problem or not. If it has a problem then it will have a bad impact to the Note 7 and also Galaxy S8 which will be released in the first half of next year.
This is a public declaration (from Jay Y. Lee) that he is the owner of Samsung.
Uncertainties are being amplified. It might cost the company more than first expected to deal with the current problems.
"We are asking users to power down their Galaxy Note 7s and exchange them as soon as possible". "We are expediting replacement devices so that they can be provided through the exchange programme as conveniently as possible".
We are expediting replacement devices so that they can be provided through the exchange programme as conveniently as possible.
Our number one priority is the safety of our customers. We are asking users to power down their Galaxy Note7s and exchange them as soon as possible. We are expediting replacement devices so that they can be provided through the exchange program as conveniently as possible and in compliance with related regulations.
Our number one priority is the safety of our customers. We are asking users to power down their Galaxy Note 7s and exchange them as soon as possible.
Samsung continues to ensure that consumer safety remains our top priority.
Delta is in constant contact with the FAA and other bodies in its run of business as a global airline. We will comply with any directive and are studying this matter. Safety and security is always Delta's top priority.
We have the money to fully service those four ships.
For now, we are studying this.
I'm aware that some exporters are going through considerable difficulties from the Hanjin Shipping incident. However, the impact on the economy won't be big if measures in place from the government including deployment of alternative vessels are carried out smoothly.
I believe they were trying to create a similar effect by beating Apple to market by (about) a month, too.
Samsung might have over-exerted itself trying to pre-empt Apple, since everybody knows the iPhones launch in September.
We have talked about Magneti Marelli and also other issues, including the insurance sector ... as we own PartnerRE.
There are ongoing talks, but nothing formal.
It's not like we live in a world where people's smartphones spontaneously combust.
There was a tiny problem in the manufacturing process, so it was very difficult to figure out. It will cost us so much it makes my heart ache. Nevertheless, the reason we made this decision is because what is most important is customer safety.
Every year, there have been accidents of battery explosions but it is the first time that six or seven cases happened within such a short period after the launch of a new product.
"There was a tiny problem in the manufacturing process, so it was very difficult to figure out". "It will cost us so much it makes my heart ache. Nevertheless, the reason we made this decision is because what is most important is customer safety".
Long term OLED will struggle with the innovation rate and cost compared to LCD as it's one company innovating against an industry. The LCD industry has scale.
Samsung is taking a proactive approach to address customer needs around the Note 7. We are encouraging customers to exchange their Note 7 by taking advantage of our Product Exchange Program. The safety and satisfaction of our customers is Samsung's top priority.
This is some major buzz-kill for Samsung, especially given all of the hard-earned excitement that products like the Note 7 have been garnering lately. The pending Apple launch puts all the more pressure for them to contain this quickly. The timing of this couldn't have been worse.
Huawei want to position themselves as a premium brand because they want the margins that will give them. But what they want to do is establish that premium brand not just to sell high-end smartphones, but mid range smartphones with higher margins.
Those mid-range devices are becoming capable and they are replacing some sales of high-end devices so you do get some customers moving down to that mid-tier so there is a definite market for these kinds of devices.
This is some major buzz-kill for Samsung, especially given all of the hard-earned excitement that products like the Note 7 have been garnering lately.
Apple is supposed to show off the iPhone 7 next week and this issue (with Samsung) has emerged, so the current state of things do not look good.
It is the most watch-like Gear product Samsung has launched, one of the big criticisms that has been levelled at Samsung is that they are taking design cues from the consumer electronics industry rather than design. You could argue previous watches were more akin to geek wear.
Under a corporate culture where loyalty towards a boss and an organization is the most important criteria for evaluation, a sound corporate governance structure cannot survive.
Let's gather all Japanese talents in liquid crystal displays, develop (the OLED technology) and jointly manage.
Samsung and Apple are already in a strange relationship – they are like friend-enemy. Samsung knows Apple's power. They have so many friends around the world, and they can leverage Apple's brand and popularity.
They would design something more interesting.
If you're Samsung, and you can get the industry to start switching, and you have a commanding head start, that suggests it will be a very profitable venture for years to come.
If Samsung were to launch a foldable smartphone in 2017, we believe Apple would likely not follow suit until 2019 at the earliest. It's not about each incremental feature or device. At the end of the day people have learned to use Apple's iOS operating system ... there's always a feature, or two, or three that Samsung outdoes the iPhone on. But people stay with the iPhone.
Samsung is going through a human capital management transformation project. They really took their time, did their diligence and selected us as a true partnership. They not only are our biggest customer in APJ, they are our first customer in South Korea. So, I feel like we are entering South Korea with a bang.
There could be a temporary issue but Samsung has almost never had prolonged production misses. The share price decline appeared to be profit-taking after a recent rally.
We have to keep secrets that belong to our clients.
If they bring VR and become leaders, or bring services like Samsung Pay that is different from Apple Pay, and they expand their wearables and if they keep developing new areas, that's the kind of innovation that will differentiate and attract users from Apple in the future.
It does seem like if Samsung gets it right, it has a chance to really make a dent into that high end segment which it has really been struggling to do against Apple for several years.
Users recognize that they now have a premium device that can stand up against the iPhone and that's what Samsung needs to do, they need to keep their customers loyal.
We challenged our engineers to design a security system that's convenient and safe at the same time. It took five years to perfect, but it only takes a glance to unlock your phone.
A paradigm shift to OLED represents both a challenge and an opportunity for the display industry.
China was a major letdown and I'm anxious to get more details as to what drove the declines. Samsung and Huawei are much more competitive now than a year ago and the Chinese economy is not doing well at all.
"We are confident that Huawei will maintain its current momentum, and round out the full year in a positive financial position backed by sound ongoing operations,"
"We achieved steady growth across all three of our business groups, thanks to a well-balanced global presence,"
We achieved steady growth across all three of our business groups, thanks to a well-balanced global presence and an unwavering focus on our pipe strategy. We are confident that Huawei will maintain its current momentum and round out the full year in a positive financial position backed by sound ongoing operations.
Huawei might also be trying to create some noise marketing for itself.
If you look at the patent battle with Apple and Samsung … it ultimately created a lot of benefits for Samsung in a kind of an advertisement.
As you know, we're going through many difficulties, so we hope the V20 will be a turning point. And we're working very hard to make it happen.
Foreign investors' sentiment toward Samsung Electronics is quickly changing after the second quarter. We think it is the most promising stock among Asian tech companies.
Galaxy S7 sales are better than expected in the first half, and the semiconductor business is also outperforming rivals.
The network equipment business is a B2B business where the barrier to entry is high.
We plan to move quickly and want to be at least among the top three with 5G. It's important to get in early.
We have to look into mid-2017 before we really get some action in Apple and for the next couple of quarters it'll be all about weakness, market share losses in Asia.
I think Facebook is just one of those key stocks you need to have in a long-only portfolio and it's going to outperform the market for the foreseeable future I think over the next decade.
Samsung accounts for roughly 70 percent of orders for those suppliers. The current supply chain has been made for Samsung.
The speed means Bioepis is investing a lot of money, more than its competitors.
The biopharma business requires continuous large-scale investment. Even if there are no short-term results and investment is burdensome, Samsung needs to look at the big picture and continue investing in order to succeed.
As the saying goes in our industry, process is the product. Equally important, process is what allows us to shorten timeframes for almost every phase of biosimilar development.
At 6 a.m. every day, before everyone arrived at the office, the numbers would change. Had the ... run failed, we would have faced a delay of a year or two.
The online and mobile payments is becoming increasingly competitive and attracting interest from players across the technology industry. Companies like Apple, Google, Facebook and Samsung are ramping up their payments activities to potentially target users across in-store, online, mobile and in-app use cases. This threatens to disrupt even established players.
The thinking is that if we can work on hardware and software together, we can innovate much better.
Aside from the camera, the new Google Pixels are pretty undifferentiated compared to Samsung and iPhone seventh generation phones.
It is the first time ever, since the modern smartphone market began in 1996, that global shipments have shrunk on an annualized basis. Smartphone growth is slowing due to increasing penetration maturity in major markets like China and consumer caution about the future of the world economy.
What Samsung did really was to cut off the bits they didn't need like the loss making devices in the low end, any excessive models that weren't pulling weight. They have streamlined the supply chain and became more efficient, which has led to stabilization in profitability.
Samsung has had a real return to form with the S7 and S7 edge. It's focus on higher-tier, higher-margin products has certainly helped boost its earning. The new devices deliver a good story for anyone considering a Samsung device as an alternative to an iPhone.
Virtual reality is a long-term play with short-term financial upside so VR is growing rapidly from a low base, but it's a tiny base and won't contribute materially to Samsung's revenues for several years.
Samsung is fairly diversified and plays across many categories like components and tablets, but that might not be enough to offset the slowdown in the smartphone market.
It is positive that Samsung posted a better-than-expected income even though the first quarter was a slow season. But it was thanks to the effect from the S7 (released) one quarter earlier, which is why (I see) a limited reason to revise up the future earnings forecasts.
Consumers who want to show they are rich enough, they will buy an iPhone... those who want to use something different, they will choose Samsung. But these days consumers are not that old fashioned. They are getting much smarter, and this is why we have much chance.
Video games will clearly be the lead rationale for people to pick up an Oculus Rift, HTC Vive, or PlayStation VR this year. While there have been some launch window hardware shipment hiccups that must be addressed near-term, I'm confident that they will be ironed out before the holiday season. The addition of exciting new titles will lead to a new wave of VR HMD hardware interest among those buying for themselves or family members and friends.
In 2016, virtual reality will catapult into the spotlight with major launches from Oculus, HTC/Valve, and Sony building on the early momentum created by Samsung's first smartphone-based product.
The first drug to hit the market takes the most market share, so this is the right strategy to go with.
Apple and Samsung are still in the lead but we are seeing more competition from the Chinese brands like Huawei, like ZTE, like TCL Alcatel – and competition is getting extremely tough.
The first part is innovations. We have invested, I think, last year more than $9 billion (8.16 billion euros) on R&D. In Europe, for instance, we have more than 15,000 people working only on R&D.
There is room for everyone, space for everyone. No doubt.
Sharp has the know-how to construct out the elements to compete with Samsung as an Apple supplier, because of this that with Sharp under its umbrella Foxconn can assist Apple wean itself off Samsung. this gives Foxconn better pricing energy with Apple.
It's kind of crazy that we're sitting here in 2016 and still four billion people in the world don't have access to the internet.
The Gear 360 is excellent timing for Samsung because there is a lot of interest in all types of VR at the moment and the Gear 360 is a good halo device to position Samsung as a leader in the space and drive consumers to upgrade phones so they can enjoy the Gear VR experience as it requires a new phone.
We've invested in other systems in smart homes and cars and we keep investing. We do believe that this is to be looked at as a new galaxy, a new era of how we interface with our smartphone and all the other devices that gravitate around it, be it in the home, be it on the road, there are still many more things we can do.
If you work in a shop selling phones, they have given you a reason for you to sell the S7 over the iPhone. The Galaxy S7 has expandable memory, better battery, it's got a good camera, they are ticking all the boxes if you are selling it side by side with the iPhone.
The Swiss watch industry has been very slow to react to the development of smartwatches. The Swiss watch industry has been sticking its head in the sand and hoping smartwatches will go away. Swiss brands, like Tag Heuer, accounted for a tiny 1 percent of all smartwatches shipped globally during Q4 2015, and they are long way behind Apple, Samsung and other leaders in the high-growth smartwatch category.
At the moment we are in a bit of a lull. If you look back at the Samsung Galaxy S6 and Edge, it's a hell of a product but in terms of innovation we are taking incremental steps.
There have been expectations that Nokia could make more money with their patent portfolio than (rival) Ericsson... This outcome did not support that... Estimates will be revised.
The company should be more explicit, investors are left wondering for example on the Technologies (unit's) actual topline forecast for 2016.
The use of independent arbitration to resolve differences in patent cases is a recognized best practice, and we welcome the additional compensation payable to Nokia under the extended agreement. We look forward to further collaboration with Samsung and others in additional licensing opportunities in the mobile communications market and beyond.
Samsung has been paying Nokia probably 100 million per year, and the rate could now come up to around 300 million euros (per year). The settled rate will also be paid retrospectively for the last two years. But they have already booked perhaps 100 million a year from Samsung to their income statement, so the EBIT impact for this year could be around 700 million euros.
It would be a challenge to maintain the 2015 operating profit level as we expect weak macroeconomic conditions and the IT demand to persist during the first half.
The threat, or the risk, is first if Samsung can regain its premium image in China with the S7 coming out this year, and secondly, if Chinese brands can improve their brand image to challenge Apple.
Even if Haier doesn't have a history of dumping prices in the United States, as for example LG and Samsung has, this is still an unknown player, a Chinese player.
The settlement is pretty well in line with market forecasts, as the run-rate is 800 million and there will be some one-off payments.
This is a smartwatch which has been already leaked by the vice president of design studios in America and it looks very nice. And somehow, some things look like the Apple watch. So they are not giving up in competing with Apple.
Huawei will go and throw some interesting new devices and competitively priced devices again to European and International markets. Sony will present their line-up of new smartphones consisting of the Xperia Z5 and the Xperia Z5 compact, also two very interesting smartphones. There is a small chance that Samsung could announce its Note 5 phablet, which they formally announced only for North America and Asia, for Europe now.
LG is just the latest company to announce a curved gadget. In this case it's the LG Flex 2, a curved smartphone. But it's only the latest curved gadget we've seen. Samsung came out with a curved all-in-one computer for the home and so far there are already curved TVs, curved monitors, curved smart phones, curved sound bars. Really, these companies are trying to make curved happen whether you are interested or not.
I'm not going to say it's the end of Apple's innovation, I believe they'll continue. They have many, many great people there, but they're coming under increasing attack by companies especially Samsung. Especially at the low-end, as well as the high-end. And I think without Steve Jobs, this is going to get worse for them to fend off.
Sony now has all the components to compete with Samsung and Apple. The big question now is can it execute? Based on history I am sceptical but I would not say it cannot be done.
The screen has to be large, at least 55 inches. Any smaller and the curves won't have any effect. Secondly, it only works if you are sitting right in front of the screen, where you feel you're embedded in the picture. If you're watching TV in a group, those on the edges feel they get a warped view.
Consumers might be a bit disappointed to find that the smartwatch is a partner device reliant on being paired with a Samsung Android smartphone or tablet, rather than being the completely autonomous media and communications device many consumers were expecting and hoping for.
The introduction of the Galaxy smartwatch comes as no surprise to the industry, which has been expecting Samsung to beat the likes of Apple – as well as watchmakers and other consumer electronics companies – to market.
There will always be personal decisions by the coach. There will always be players who disprove of the statistics, it happens in other sports. This is nothing more than a tool. The computer or the software don't score goals or take decisions. They are helping to take the right decisions.
It's a disappointment, and I think it's going to be in stark contrast to numbers we will see coming out of Samsung in particular, but also Motorola, LG Electronics and HTC.
In Europe, the number one is Germany by a long chalk, with nearly 14% of the total applications, followed by France with 5% of the total and then comes Switzerland, Great Britain and Holland. We are publishing a list of our top ten – by which I mean the leading applicants in terms of the number of patents requested. And this year for the first time it is a company from outside Europe. Samsung is number one, followed by Siemens at number two, and Bosch at number three. Among the top ten are 4 European companies, 4 Asian ones, and 2 American ones.
Yet I think Samsung has some exciting stuff up its sleeves. The problem is no one is sure whether these products can really wow investors and consumers.
I think Samsung spent more on marketing expenses than expected because of the launch of Galaxy S4 smartphone, which led the company's results to miss the market consensus.
Brands like Apple and Google and Samsung are changing our behavior: how we buy, how we communicate with each other, even whether we speak with each other. They have literally changed the way we live our lives.
The Galaxy Note 4 has an extra-large screen, (which is great because you can run for example two applications at the same time. So you can, for example, copy pictures straight to the messages.
Further we have the pen which is perfect for example for taking notes. You can convert the Note into a virtual reality glass. You can watch movies, you can go to different worlds, you can play games. Finally we have the Galaxy Edge, which has a curved display at the edge, where you can have separate information, you can have your favourite applications here and you can use this to additionally operate this product.
I cannot, of course, tell you about other strategies, I can only talk about Huawei's strategy. We took the strategic decision, two years ago, to enter the consumers business. We are very big in building networks across the world. We are leveraging the technology we have in house in our consumer products, because we are very confident, that, if we do that, our products will perform better than our competitors.