Samsung
Samsung SDI sharpening diligence in ESS market
Samsung SDI’s energy storage provides a variety of values for its users. ESS complements the intermittency of renewable energy produced by wind or solar power generation systems. ESS stabilizes the output of renewable energy by charging & discharging irregular and intermittent power which is generated by wind and solar systems. It is currently working on optimizing the battery performance of automotive batteries.
‘Businesskorea‘ has reportedly revealed what Statistica a German Market and Consumer data company has estimated that the global ESS installations are expected to reach 747,012 GWh by 2030. This said figure is 2258 times more than the cumulative installed capacity until 2013, which is 329 GWh.
Talking about today, Samsung SDI and LG Energy Solutions are sharpening their competitive edges in this rapidly transitioning energy storage system (ESS) market. Samsung SDI is partnering with the companies that have already worked on the ESS projects, to improve its competitiveness on the large scale.
Both the companies are pumping up their efforts to improve quality. Samsung SDI is using the mounting of high nickle ternary batteries in their premium products.
These batteries use high-nickel cathode material and have low cost when compared to lithium-ion phosphate batteries, but are evaluated for their high quality.
On the other hand, LG Energy Solutions is using TR-1300 as a product with increased energy density and space efficiency per unit area. This is a technology that completely blocks fire from spreading to neighboring products that have been applied.
LG Energy Solutions is also promoting the application of ESS for lithium iron phosphate batteries and securing competitiveness based on small-sized and long battery life technology.
In its new strategy, Samsung SDI plans to target the ESS market through its battery brand named ‘PRiMX. The energy storage system is enjoying a massive uptick. Samsung SDI has dominated the ESS market and is moving to maintain the competitive edge based on differentiated technologies.
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Counterpoint Research published their new report on the US smartphone market. Apple still dominates the US smartphone market, while Samsung managed to score positive growth during the first quarter of the year.
According to the report, Samsung secured a 31% market share in the US in the first quarter of the year. The company achieved this growth from 27% recorded in the first quarter of last year.
Apple managed to keep its 52% share in the market in the same period. Notably, the company neither declined nor grew year over year, however, keeping the performance constant is considered praiseworthy.
Samsung and Apple are the main smartphone vendors in the United States. Thanks to the Galaxy AI induction, the Galaxy S24 flagships helped the company to bolster its market share in the country.
Motorola came third with 9% of the market share in the first quarter, up from 8% last year. Google is next, however, the chart doesn’t mention its market share. Counterpoint’s Maurice said, “Google declined in market share in Q1.”
Pay attention, the US smartphone shipments declined 8% YoY in Q1 2024, the sixth consecutive quarter showing a YoY decline. Sales of low-end shipments declined as carriers pushed for deeper 5G smartphone penetration.
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Following the restart of the One UI 6.1 rollout in Korea, Samsung is now expanding this major update to users of the Galaxy S22 series in Europe. The company is ready to further widen the reach of this update, with plans to make it available in more countries shortly.
Users of Samsung Galaxy S22, Galaxy S22 Plus, and Galaxy S22 Ultra smartphones in Europe can verify the One UI 6.1 update via One UI build version S901BXXU9EXE1, S906BXXU9EXE1, and S908BXXU9EXE1 respectively.
One UI 6.1 brings Galaxy AI features and improvements in user experience, performance, and security. The update brings Circle to Search, Live Translate, Chat Assist, Interpreter, Note Assist, Transcript Assist, Browsing Assist, Photo Assist, and more.
If you have a Galaxy S22 smartphone in Europe, then you can check and install the major update through Settings >> Software Update >> Download and install.
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Samsung has released a new update for its Cloud app with version 5.5.04.10. This update enhances the app’s functionality and fixes known issues to provide a better experience.
The new update improves some functions and fixes some issues that users encountered in the previous version to make the app more user-friendly and reliable.
However, the update does not include any new features or changes. These enhancements are expected to provide a more stable service, reducing the occurrence of errors and improving the app’s overall performance.
Samsung Cloud is a key service for Galaxy users as it offers a secure platform to store important data such as photos, videos, and documents. It allows for easy synchronization across Galaxy devices, giving users access to their files from anywhere.
With this update, Samsung continues to enhance user satisfaction and the quality of its services. The company is regularly updating its apps to ensure that users have an error-free experience.
Users of Galaxy devices are advised to install this new version to enjoy enhanced features. You can install the update via Galaxy Store or download it directly from the third-party app source link mentioned here.
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