Connect with us

Business

Samsung Display looking at LG as possible supplier for OLED panels

Published

on

According to a recent report by Korean media, Samsung and LG are in the final stages of negotiating a deal for OLED panels for TVs. Depending on the preparatory work on the production lines, the source predicts that the first panel shipments will begin in September, leading to new TV launches later this year.

Samsung has recently begun accepting pre-orders for its newest QD-OLED TVs in the US, but due to a shortage of panels, heavy marketing activity is not taking place. The world’s largest TV maker left the old OLED TV market almost a decade ago to focus more resources on upgrading LCD TVs with better profits.

Samsung Display has a production capacity of 30,000 OLED TV panels per month, equivalent to an annual production of 1 million units on the popular 55-inch and 65-inch models. Since the yield rate in the early stages is usually low, actual TV production is estimated to be between 500,000 and 600,000 units per year.

Since OLED models make up 15 to 20 percent of the total TV sales of its rivals like LG and Sony, Samsung needs to increase its TV sales by almost 3 million units to reach scale economies. The panel shortage prompted Samsung to seek unprecedented help from LG Display and the two longtime rivals have been negotiating a possible partnership for months.

With negotiations with LG gaining new momentum, Samsung has raised its sales target for OLED TVs this year from nearly 1.5 million to 2 million units. Samsung has returned to the OLED market with strong sales in the premium OLED TV market and a slowdown in sales of its flagship QD-LCD.

Amidst the excessive rumors about their OLED alliance, both Samsung and LG reiterated that they are ready for all the possibilities for a win-win relationship, without elaborating any real plans yet.

Get notified –

Aside from SammyFans’ official Twitter and Facebook page, you can also join our Telegram channel, follow us on Instagram and subscribe to our YouTube channel to get notified of every latest development in Samsung and One UI ecosystem. Also, you can follow us on Google News for regular updates. 

Hey, Camila is here! From the very beginning, I love using Samsung phones like a die-hard fan. Apart from detailing One UI features for readers, I love exploring different apps of the Samsung ecosystem with a cup of tea!

Business

Samsung Teams Up with Tech Titans for Arm’s IPO Amid Valuation Shuffle

Published

on

Samsung ARM

A new report reveals that Samsung will participate as an anchor investor for Arm’s upcoming IPO after taking a conservative approach to the matter due to a perceived overvaluation and regulatory risk.

Samsung opted to make an investment in the chip designer, joining a slew of other industry players including Apple, Nvidia and Intel. Amazon, which was earlier rumored to be participating in the IPO, decided to step out.

Follow our socials → Google News, Telegram, X (formerly Twitter), Facebook

It’s worth mentioning that the strategic investors have agreed to invest between $25 million and $100 million each. The specific amount for each company hasn’t been disclosed yet.

This means the offering price will come in between $47 and $51 per share. It makes Arm’s valuation between $50 billion and $55 billion, down from the initial estimation of $64 billion.

Arm’s IPO on Nasdaq, which is expected in September, is considered to be the biggest IPO deal of the year. The company controls a majority of the world’s application processor market, designing and licensing basic blueprints for chips.

Source

Continue Reading

Business

Samsung vs Apple: The Epic Battle for Smartphone Supremacy in 2023

Published

on

Apple iPhone 15 Pro

Market research firm TrendForce published the latest report on their analysis. The agency disclosed that after global smartphone production dropped by nearly 20% year-on-year in the first quarter, production continued to decline by about 6.6% in the second quarter, to 270 million units.

In particular, the global smartphone production in the first half of 2023 was 520 million units, a 13.3% decline compared to the same period last year. Both individual quarters and the first half of the year in total set a ten-year low.

Follow our socials → Google News, Telegram, X (formerly Twitter), Facebook

TrendForce analysts pointed out that there are three reasons for the sluggish production performance:

  • First, the lifting of epidemic prevention restrictions did not drive demand as expected;
  • Secondly, the demographic dividend effect of the emerging Indian market has not effectively exerted its advantages;
  • Thirdly, in 2022, brands will be deeply affected by excessive channel inventory. It was originally expected that as inventory is reduced, brands will return to production levels.

However, now affected by economic weakness, people’s consumption willingness is more conservative, resulting in poor production performance in the first half of the year. expected.

Second Quarter Market

In the second quarter, Samsung still topped the list, with Q2 output reaching 53.9 million units, a decrease of 12.4% from the previous quarter. The same period coincided with the replacement of old and new Apple models, with output of 42 million units, a decrease of 21.2% from the previous quarter.

Adding to this, the most obvious change in the smartphone market was Transsion (including TECNO, Infinix, and itel). Transsion surpassed vivo and entered fifth place in the world for the first time. Its output increased by more than 70% month-on-month to 25.1 million units.

TrendForce Q2 2023 Market

Production

In addition to Samsung and Apple, Xiaomi (including Xiaomi, Redmi, and POCO) produced approximately 35 million units in the second quarter, an increase of 32.1% from the previous quarter.

OPPO (realme, and OnePlus included) produced about 33.6 million units in the second quarter, an increase of 25.4% from the previous quarter. Q3 is expected to have a growth rate of about 10-15%, closely following Xiaomi.

Continue Reading

Business

Samsung gears up to dominate the booming GDDR market amid global gaming surge

Published

on

Samsung GDDR7 DRAM

Samsung and SK Hynix are strengthening their foray into the GDDR (Graphic Double Data Rate (GDDR) market amid the global gaming surge. The companies appear to be preparing to lead the GDDR market while gaining technological advantage in next-generation products.

Recently, IGI (Industry Growth Insights) published its new report citing that the GDDR market will grow from $3.2 billion in 2018 to $4.8 billion in 2030 with an average annual growth rate of 7.6%. It’s predicted that high-performance GDDR like GDDR6 will record a double-digit growth rate every year.

Follow our socials → Google News, Telegram, X (formerly Twitter), Facebook

Samsung x GDDR

In July, Samsung Electronics developed GDDR7, the industry’s most advanced product, for the first time, and supplied samples to Nvidia for verification for next-generation system installation. SK Hynix also plans to complete GDDR7 development within this year.

On the other hand, Micron plans to introduce GDDR7 in the first half of next year, a step later. In this situation, Nvidia, the world’s largest customer in the GPU market, is known to preferentially review Samsung Electronics’ products instead of Micron’s next-generation products.

Continue Reading