Connect with us

Business

Samsung reportedly revealed possible locations for its new US chip factory

Published

on

Samsung Chip Foundry

Samsung is considering building a new chip fabrication plant in the United States to further grow its semiconductor business.  Recently, it’s said that the company is planning to invest around $17 billion in order to establish another foundry in the US.

According to MobileWorldLive, the Korean giant released information about US locations for its new chip fabrication plant. The company reportedly stated that it’s thinking to establish a production site in Arizona, New York and Texas, where’s a fabrication plant is already located.

Join Sammy Fans on Telegram

Taylor, Texas is one of the sites under consideration for the new facility, while additional locations include a spot in Genesee County, New York, and two areas in Arizona near the cities of Goodyear and Queens Creek.

As per the documents filed with local authorities in Taylor, Samsung confirmed that the new foundry will produce “advanced logic devices for Samsung’s Foundry business”. The construction will begin earlier next year and will end in late 2024. Furthermore, the new chip factory will create 1800 new jobs in the country.

James is the lead content creator on Sammy Fans and mostly works on Samsung's firmware section. His first phone was the Galaxy S4 and continues to get new S series devices. Most of the time, James tries to learn about new technologies and gadgets but he also sneaks a bit of free time to nearby rivers and nature.

Business

Samsung leads Q3 smartphone market, Huawei’s entry haunts Apple

Published

on

Samsung Galaxy S23 Ultra Z Fold 4 Beige

Samsung ranked first in market share in the global smartphone market in Q3, 2023. TrendForce report says that Samsung led the global Q3 smartphone market, recording a market share of 19.5%.

Overall production in the third quarter increased by 11.5% compared to the previous quarter to 60.1 million units. During the same period, Apple’s production increased by 17.9% to 49.5 million, thanks to iPhone 15.

Follow our socials → Google NewsTelegramX/TwitterFacebook | WhatsApp

Third place was taken by Xiaomi (13.9%), followed by Oppo (12.6%) and Transion (8.6%). 6th place is Vivo (8%). Meanwhile, global smartphone production reached 308 million units, a 13% increase compared to the previous quarter and a 6.4% increase from the previous year.

Huawei’s re-entry into the flagship smartphone market targeting Apple has had a significant impact in China. Huawei is aiming to expand its high-end flagship series, focusing on the Chinese domestic market next year, so Apple “We plan to attack directly”.

Samsung Q3 2023 Smartphone Market TrendForce

// Source

Continue Reading

Business

Underdog phone brand jumped 50%, Samsung and Apple lost ground

Published

on

Samsung 55th shareholders meeting

In Q3 2023, Samsung and Apple’s market share slightly declined, while an underdog Chinese phone brand appeared on the top 5 chart. In a recent development, Canalys published market research data for the third quarter, revealing Tanssion as the fifth best-seller globally.

According to the info, Samsung and Apple lead total sales with 20% and 17% market share, yet both have fallen from their 22% and 18% levels in 2022. However, Tanssion, the maker of Tecno, Itel, and Infinix phones, climbed from 6% global market share last year to 9% in 2023, a 50% jump.

Follow our socials → Google NewsTelegramX/TwitterFacebook | WhatsApp

Apart from this, Xiaomi matched last year’s share only by “recovering” from a terrible first half of 2023. At the same time, OPPO has fallen steadily over the past two years, while fellow BBK brand vivo lost the top-5 slot it’s owned for years.

Overall, the global smartphone market underwent a slight drop of 1% in Q3 2023. Bolstered by regional recoveries and new product upgrade demand, the smartphone market recorded a double-digit sequential growth in Q3, ahead of the sales seasons.

Source

Continue Reading

Business

Samsung enjoyed 2023’s last victory over Apple?

Published

on

Samsung smartphone

Recently, research agency Counterpoint Research published their latest analysis. The report reveals that Samsung continued its leadership in the third quarter of 2023, while Apple remained in the second spot. However, both OEMs faced a decline of 1 percent year over year.

According to CR, slower consumer demand is the main factor in the dwindling sales. The market did see a slight 2 percent growth in Q3 compared to Q2, likely driven by last month’s iPhone 15 series launch. Samsung secured 20 percent market share, while Apple grabbed 16 percent sales.

Follow our socials → Google NewsTelegramX/TwitterFacebook | WhatsApp

The Galaxy A-series was the key driver for the South Korean smartphone maker. Apple came in second with 16 percent of the market while Xiaomi rounded out the top three with its 12 percent share. Oppo (10 percent) and vivo (8 percent) were the remaining brands in the top five charts.

The newly released iPhone 15 series will help Apple score a lead over Samsung in the fourth quarter of the year. The results will arrive by early next year, and it’s expected that the US phone maker could surpass Samsung. Major camera upgrades and USB-C helped Apple register strong sales.

Continue Reading