FTC to review Samsung group on cafeteria case investigation
Samsung Welstory (the largest on-site food service provider in the country by revenue and a fully-owned subsidiary of Samsung C&T) was accused of receiving special treatment from the company’s other subsidiaries. Due to accusations, the conglomerate urged the FTC (Federal Trade Commission) for an investigation in 2018.
Earlier this year, the watchdog sent a report to Samsung after a review, informing the company of its decision to report Samsung Electronics and Samsung SDI to the prosecution. However, the move did not target Lee Jae-Yong who is the apparent heir of Samsung Group as well as Samsung C&T.
But as per the latest info, South Korea’s antitrust watchdog is thinking to impose penalties on Samsung Group later this month. However, this punishment will be based on accusations in which the company unfairly favored one of its subsidiaries for in-house cafeteria businesses.
For this, the FTC will hold a two-day meeting around May 26 so that major Samsung subsidiaries can put their viewpoints before the judgment. This decision will also decide the level of punishment for the accused.
Lastly, this information is based on a recent report that shows the meeting might take a day to take place with all nine members present including the chairman. Therefore it could take time to review the latest case as it involves many parties and accusations, with the heated debate between the watchdog and Samsung subsidiaries.
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Samsung’s first 3nm Exynos 2500 chip could outpace Snapdragon 8 Gen 4 in power efficiency. Both chipsets will power the next-gen Galaxy flagships, scheduled for an early 2025 launch. Recent input suggests that Exynos is returning as a tough rival to Snapdragon.
The Exynos 2500 will be made on Samsung’s 2nd-gen 3nm process technology. The S24’s Exynos 2400 chipset impressed the industry with significant improvements over its predecessor. The company appears to be leveling up the game next year.
Thanks to the cutting-edge process node, Samsung’s next Exynos could finally surpass its Snapdragon counterpart in power efficiency. The company may utilize its advanced FOWLP in the Exynos 2500 to make it run at higher clock speeds at the same power consumption level.
Qualcomm is facing power efficiency concerns with its recent Snapdragon chips. Due to reduced efficiency, phone makers are forced to bring up to 5000mAh battery. Samsung apparently seized this opportunity to bring back its in-house Exynos back to the contest.
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Following Google, Meta, Apple and Microsoft, Samsung and Intel joined the race to develop next-gen AI processors. Aimed to lead AI semiconductor tech, both companies launched chips addressing NVIDIA GPU shortcomings, including price and performance per watt.
After completing the development of MACH-1, Samsung has recently started working on MACH-2. The company has also supplied MACH-1 prototypes to major IT firms in South Korea (Naver) and other parts of the world to gather feedback for MACH-2 development.
Intel launched its latest AI semiconductor – Gaudi 3, collaborating with Naver. The company aims to counter NVIDIA GPU drawbacks, particularly in price and performance per watt. Notably, Intel’s Gaudi 3 offers over 40% better power efficiency than NVIDIA GPUs.
Tech giants launching AI chips also prioritize energy efficiency. Google Cloud’s TPU “v5p” is 60% more energy-efficient than similar hardware, with a performance of 459 TFlops. Samsung also prioritizes power efficiency in MACH-1 and MACH-2 development.
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Samsung is rolling out an April 2024 update for the Customization Service app with version 3.5.01.4. This update brings bug fixes and general enhancements that promise to elevate the overall user experience.
The fresh update of the Samsung Customization service improves some functions for smoother performance. Also, it fixes some issues that users encountered in previous versions to make the app more reliable. Notably, the update is compatible with Galaxy devices running Android 14 or Android 13.
The Customization Service app is designed for Samsung devices to deliver individual preferences and needs smartly. By analyzing user interactions and data, the service offers personalized content and recommendations, creating a unique and tailored experience for each Samsung device owner.
With the April 2024 update, Samsung aims to provide better performance and user experience to Galaxy users through Customization Service. You can get the latest update through the Galaxy Store or download it directly from the third-party app source link mentioned here.
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