Increasing competition from low cost chinese competitors like lenovo, huawei. But Samsung Electronics is way more than just smart phones. It is a company that is dominating in so many areas you may not know about. Our editor at large, cory johnson has a look at the giant that is Samsung Electronics. Part apple, part intel, part whirlpool. Samsung electronics is a big, bold, and really diverse the Flagship Company of south koreas massive conglomerate, samsung group. Over 286,000 global employees who brought in 222 billion in revenue last year. Even with the companys huge success in smart phones and tablets, together with the mobile i. T. Division, which includes p. C. s, wearables, networking equipment, accounted for 54 of revenues last year. Samsungs Success Story goes well beyond the familiar. Think memory. Samsung is the world leader in dram and solidstate drives. The Company Makes mobile chips counting fierce rival apple as one of its biggest customers. Manufacturers of l. E. D. Lig
It is premiere battle in the smart phone world. Samsung versus apple. For over three years, the two companies have clashed in a scale almost unprecedented in Business History and engaged in a series of tit for tat lawsuits that have cost more than 1 billion. The battle is being fought outside the courtroom as well, of course. Samsung just unveiled its galaxy note edge and other devices at an event in new york. On tuesday, apple is set to unveil not only a new iphone or iphones but details on a long awaited smart watch. Wholl ultimately come out on top in the great smart phone war between apple and samsung . I spoke with michael gorman, editor in chief at engadget and ryan reith, director of mobile device at i. B. C. I started by asking ryan what his biggest wish for the new iphone is. You have this iphone user base that has been using the same size screen relatively for the life of the iphone since it has been around. This will be the game changer with regard to the screen size. It cha
Business history and engaged in a series of tit for tat lawsuits that have cost more than 1 billion. The battle is being fought outside the courtroom as well, of course. Samsung just unveiled its galaxy note edge and other devices at an event in new york. On tuesday, apple is set to unveil not only a new iphone or iphones but details on a long awaited smart watch. Wholl ultimately come out on top in the great smart phone war between apple and samsung . I spoke with michael gorman, editor in chief at engadget and ryan reith, director of mobile device at i. B. C. I started by asking ryan what his biggest wish for the new iphone is. You have this iphone user base that has been using the same size screen relatively for the life of the iphone since it has been around. This will be the game changer with regard to the screen size. It changes the user experience. It is more real estate. Will it be a game changer if they are the last to market . They have been doing ok without it, right . I thi
700 cars in the Second Quarter cars in the Second Quarter. It is teaming up with panasonic to build a socalled gigafactory. The plant will produce lithium iron batteries, which has been a challenge for tesla. Cory, what is your take on the numbers . Are they good, not so good . Yes. There were some numbers that were good and some numbers that were not good. There were some things that were weird. Lets give tesla credit where credit is due. They showed a revival in sales. The company has seen a decline in sales in a quarter over quarter basis. March quarter going into june, you thought maybe in the early parts of summer they would sell even fewer cars. Tesla saw an increase in the number of cars sold. Se sold about 1200 more model cars, and that meant a 17 quarter over quarter increase. They need to do that. They have had a big target out there for annual sales in terms of units of 35,000. Even the revenues are really hard a lot of times we look at companies and say, look at the number
French company has made a takeover bid. Is offering 15 billion in cash for a state in tmobile which would be financed with debt and equity. It has the support of leading International Banks for this purchase. The news sent shares of tmobile soaring and sprint plunging. Sprint have been pursuing a tmobile. F i spoke with the outspoken Ceo John Legere about sprints deal, listenore the iliad bid, closely to some clues he gives about tmobiles future. In q1 we announced contract earlym, the launch of termination fees and that caused an aggressive spike. Among other things we did today, we raised our guidance for subscribers for the year now saying we will be between 3 million and three point 5 million, evidence we fill our momentum will continue drug the throughout year the rest of the year. You are enabling more customers do have contracts, does that mean they are are buying less expensive phones . And are you selling more low animated low and middle tier phones . Carrierncarrier movement