Samsung confirms making ASIC chips for cryptocurrency mining

Yesterday, it was reported that Samsung is entering the cryptocurrency market by making ASIC (application-specific integrated circuit) chips for mining hardware companies. Samsung has now confirmed this news to TechCrunch. This news follows Samsung’s Q4 2017 earnings, where its semiconductor business has performed stupendously well to emerge as the largest chip maker in the world by ending Intel’s 24-year reign at the top. When asked for a comment,...

Samsung to hire 1000 engineers for three R&D centers in India

As you may or may not know, Samsung spends a considerable amount of money on research and development every year. With the way tech is shaping up these days, one can only expect an increase in the efforts applied to this extremely pertinent portion of the business. Last year we saw Samsung India hire 800 engineers for its R&D facilities, and this year they seem to be upping the ante. Samsung India will hire 1000 engineers this year from top institutes...

VLC for Android adds DeX support in its latest beta

While VLC is the default go-to media player for many users on their computer, it is not always the case when it comes to Android. Between pre-installed media players from OEMs and dozens of great options on Google Play, users have plenty of choice on their mobiles and tablets. It is not that VLC is not popular, but there are equally good or better options on Android. VLC for Android picks up DeX support Given the not-for-profit nature of VLC, the...

Samsung announces first ever stock split to boost shareholder value

Many Samsung investors had been calling on the company to boost shareholder returns so the company launched its Shareholder Value Enhancement Program in 2015. Since then, it has given out billions in dividends and spent billions on buying back shares to cancel them. The company confirmed in 2016 that it was thinking about a stock split. The company’s board has approved a 50:1 stock split today as Samsung posted record profits for the final quarter...

Samsung has emerged as the world’s largest chipmaker, dethrones Intel

Samsung became the world’s most profitable tech company in the second quarter of last year but that wasn’t the only record it broke. It also ended Intel’s 24-year reign as the largest semiconductor-based chipmaker in the world. Samsung posted higher revenue and operating profits compared to Intel during Q2 2017. That wasn’t a one-time thing. Samsung’s semiconductor business has seen a terrific boom in the past year and that has helped the company...

Samsung trademarks ‘Uhssup’ for possibly its own messaging app

Samsung is primarily a hardware company, but that doesn’t mean it hasn’t tried its hand at services. Back in 2014, Samsung launched its Milk music streaming service in select markets, only to shut it down a few years later. With rivals like Apple making a good chunk of money from services, it is expected that Samsung would want to replicate the success. Being the largest smartphone vendor in the world gives Samsung an enviable opportunity to pre-load...

Samsung trademarks ‘Uhssup’ for possibly its own messaging app

Samsung is primarily a hardware company, but that doesn’t mean it hasn’t tried its hand at services. Back in 2014, Samsung launched its Milk music streaming service in select markets, only to shut it down a few years later. With rivals like Apple making a good chunk of money from services, it is expected that Samsung would want to replicate the success. Being the largest smartphone vendor in the world gives Samsung an enviable opportunity to pre-load...

Galaxy S8 Tip: Prepare your phone for the Android 8.0 Oreo update

It’s only a matter of time before Samsung starts rolling out the official Android 8.0 Oreo update to the Galaxy S8 and Galaxy S8+, with the beta program having ended in every country where it was made available. Galaxy S8 and S8+ owners will be scrambling to download the update once it goes live, but have you prepared your phone well enough for its first major Android OS upgrade? We’ve put together...

These Galaxy devices will be updated to Android 8.0 Oreo (updated: January 31)

Not many topics keep Android users on their toes as much as big, feature-rich updates. And with the Android 8.0 Oreo update on the horizon, we are once more bombarded with questions. Will the Galaxy S8 get that update? When can I update my Galaxy S7? How about my Galaxy S6? Here we share what we know. Be smart and bookmark, since we’ll be updating this article whenever new information surfaces. We’ll get right to the question of which device will...

Samsung might finally start producing its foldable smartphone this year

It has been rumored for a few years now that Samsung is working on a foldable smartphone. We’ve heard countless rumors and seen many patents but Samsung is yet to launch such a device. Recent reports suggested that it may be out in early 2018 and while Samsung itself said that it would launch the foldable smartphone in 2018, it’s unclear when the company might do that. Foldable OLED panels are part of Samsung’s 2018 strategy It was reported earlier...

Samsung’s mobile division continues to struggle

Samsung earned $14.13 billion in operating profit in the fourth quarter of last year but this stellar performance can’t really be attributed to the company’s mobile division. Samsung’s mobile business has been under pressure for quite a while now due to several factors such as increasing competition from Chinese rivals in key markets. The company released its earnings results for Q4 2017 today and they reveal that the struggles of its mobile business...