Connect with us

News

Samsung shares earnings guidance for second quarter 2022

Published

on

samsung earnings guidance second quarter 2022

July has begun and Samsung just shared its earnings guidance for the second quarter of 2022, estimating consolidated sales of approx 77 trillion Korean won ($58.8 billion) and consolidated operating profit of about 14.0 trillion Korean won ($10.7 billion).

The South Korean tech giant disclosed that its earnings guidance is based on K-IFRS. Since the Korean agency doesn’t allow vendors to disclose earnings estimations as a range, Samsung managed to share its guidance of the median of consolidated sales and profit, which are mentioned below.

Download Sammy Fans App

  • Sales: 76 ~ 78 trillion Korean won
  • Operating Profit: 13.9 ~ 14.1 trillion Korean won

samsung earnings guidance second quarter 2022

Join SammyFans on Telegram

Apart from this, Samsung’s K-IFRS-based consolidated figures for the first and second quarters show a slight increase in overall sales while negligible in overall profit. Meanwhile, Samsung is wishing to gain the above-mentioned earnings in the 2nd half of this year.

Follow Sammy Fans on Google News

The figures show that the overall sales and operating profit decreased by 1% and 0.85% compared to the previous quarter, respectively. On the other hand, the sales and operating profit boosted by 20.94% and 11.38% compared to the same period of the last year.

What’s K-IFRS

IFRS’s (International Financial Reporting Standards) Korean org. plays the key role in providing earnings guidance for provisional performance. In 2010, Samsung has started providing information based on global standards by applying to the IFRS so investors can make more accurate earnings forecasts.

Galaxy Z Fold 4, Flip 4

Samsung is going to introduce its next-generation foldable smartphones – Galaxy Z Fold 4 and Galaxy Z Flip 4. Both of these devices are expected to feature Snapdragon 8+ Gen 1 chipset, while the sales of Samsung Mobile Division are likely to rose, thanks to the growing demand for foldable phones.

| Source |

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.

News

Samsung’s Camera Assistant arrives on Galaxy S21 FE, get it here

Published

on

Samsung Galaxy S21 FE One UI 6.1 India

Samsung’s Galaxy S21 FE now supports the Camera Assistant app. The company has silently brought this upgrade to one of its popular Fan Edition smartphones. However, some Camera Assistant features available in flagship phones don’t arrive on the S21 FE.

Folks over at SamMobile highlight that Camera Assistant support for Galaxy S21 FE went live in January this year. It’s worth noting that the Camera Assistant app received its last update in January, which probably made the S21 FE-supported model.

Camera Assistant is a free-to-download app available on the Galaxy Store. Support for S21 FE was initially planned to arrive with a One UI 6.0 upgrade. The company has also fulfilled its promise, while this significant development didn’t fall under our radar.

Once downloaded, you will be able to make changes to the stock camera application. Camera Assistant allows you to bring a 2x zoom button to the camera viewfinder, picture softening, burst shot when using the timer, distortion correction, and disable long press video recording.

Stay up-to-date on Samsung Galaxy, One UI & Tech Stuffs by following Sammy Fans on X/Twitter. You can also discover the latest news, polls, reviews, and new features for Samsung & Google Apps, Galaxy Phones, and the One UI/Android operating system.

Do you like this post? Kindly, let us know on X/Twitter: we love hearing your feedback! If you prefer using other social platforms besides X, follow/join us on Google News, Facebook, and Telegram.

Continue Reading

News

Samsung pledges two free Care+ claims per year in India

Published

on

Samsung Care+ Saudi Arabia

Samsung Care+ is a stunning service that users can combine with the device while purchasing. In a recent development, Samsung announced Galaxy users will now be able to raise two claims per year.

The Samsung Care+ program now covers two claims per year in India. The new policy applies to all kinds of Care+ plans that include Accidental and Liquid Damage Protection and Screen Protection only. Previously, it covered two claims within two years.

It’s a pretty significant decision the company has taken given consumer satisfaction. We’ve observed cases of consumer dissatisfaction with authorized Samsung centers and staff assigned there. They either lack idea about the latest flagship products or delay unusually.

The company offers the Care+ subscription for free with flagship devices in select countries. Paying a one-time fee, you can raise a claim at authorized Samsung service centers.

It ensures your Galaxy device is repaired through an official channel at a minimal cost. Samsung’s Care+ program is available for smartphones, laptops, tablets, and other devices.

Stay up-to-date on Samsung Galaxy, One UI & Tech Stuffs by following Sammy Fans on X/Twitter. You can also discover the latest news, polls, reviews, and new features for Samsung & Google Apps, Galaxy Phones, and the One UI/Android operating system.

Do you like this post? Kindly, let us know on X/Twitter: we love hearing your feedback! If you prefer using other social platforms besides X, follow/join us on Google News, Facebook, and Telegram.

Continue Reading

News

9th Samsung Galaxy Ring variant surfaces

Published

on

Samsung Galaxy Ring

So it’s now almost confirmed that the Samsung Galaxy Ring would be available in 9 sizes. Earlier, the company’s upcoming smart device was spotted in 8 variants. Now, the latest listing confirms the existence of the ninth version, which was missing in the past.

As spotted by 91mobiles, the 9th model of Samsung Galaxy Ring has now been spotted on Bluetooth SIG certification. Notably, the ninth Galaxy Ring variant (model number SM-Q503) brings support for Bluetooth 5.4, aligning with the rumors we’ve heard in the past.

Ring variants denote different sizes of Samsung’s upcoming wearable device, making a praiseworthy array for consumers. The South Korean tech giant unveiled the Galaxy Ring at the Mobile World Congress. It is expected to be launched at the Galaxy Unpacked in July.

The South Korean tech giant is expected to launch the Galaxy Ring in three color options including Ceramic Black, Platinum Silver, and Gold. Additionally, the largest Ring model is slated to have a larger battery than the remaining variants.

Samsung Galaxy Ring

Image: 91mobiles

Stay up-to-date on Samsung Galaxy, One UI & Tech Stuffs by following Sammy Fans on X/Twitter. You can also discover the latest news, polls, reviews, and new features for Samsung & Google Apps, Galaxy Phones, and the One UI/Android operating system.

Do you like this post? Kindly, let us know on X/Twitter: we love hearing your feedback! If you prefer using other social platforms besides X, follow/join us on Google News, Facebook, and Telegram.

Continue Reading