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Samsung investing over $35 million in metaverse initiatives for Latin America
The main role of technology is to offer solutions that make our lives easier. Therefore, Samsung is investing over $35 million amount in Metaverse initiatives for Latin America to help the brand attract and connect with younger audiences.
The Metaverse is a vision that many in the computer industry believe is the next iteration of the Internet, where people experience life in ways they could not in the physical world. Many companies like Sony, Microsoft, and others are already functioning with Metaverse, and now Samsung has also joined the league.
Recently, Samsung officially announced that it is investing more than $35 million in metaverse initiatives as it believes that the metaverse is a concrete commitment to connecting with young consumers.
Moreover, a study published by Linkedin shows that the various Metaverse platforms currently have an active audience of 400 million monthly users, of whom 51% are 13 years of age or younger.
The world to be created by this younger generation in the future will certainly no longer have the barriers that separate the virtual from the real, which means there are many opportunities to build together.
Anita Caerols, director of marketing and corporate citizenship of Samsung Electronics Chile explains (via) – “If a business needs to speak and connect with young audiences, prospect current and future potential consumers, and engage with new influencers, it is imperative that it be in the Metaverse starting now.”
Samsung is rumored to bring 16GB RAM to the Galaxy S25 Ultra. It’s going to be a big upgrade over the recently released flagship phones by Samsung. Meanwhile, it shows the company is taking a U-turn on its decision to reduce the RAM, starting with the S22 Ultra.
Chinese vendors continue to increase RAM on their flagships. Samsung has either reduced or stuck with the same configuration. Well, a major shift seems to be loading, with Samsung Galaxy S25 Ultra being equipped with 16GB RAM, keeping the base storage unchanged.
X user Sawyer Galox claims that the Galaxy S25 Ultra could have increased RAM than the S24 Ultra. The input is based on what specifications are being tested on the prototype model. Notably, Samsung’s S20 Ultra and S21 Ultra debuted 16GB RAM variants.
Starting with the Galaxy S22 Ultra, the South Korean tech giant has reduced the RAM to 12GB. This continued with the Galaxy S23 Ultra and Galaxy S24 Ultra. As Gemini Nano v2 is also rumored to be available in the next flagships, more RAM may be required.
Galaxy S25 Ultra
• 12GB + 256GB
• 16GB + 512GB
• 16GB + 1TB• 6.9 inch
Confirmed in prototype 3 ✅️
— Sawyer Galox (@Sawyergalox) May 8, 2024
Apart from this, a new design language is expected to be introduced with the Galaxy S25 series. After following its signature design from the Galaxy S22 Ultra, the company’s next Ultra flagship would finally bring a much-anticipated design refresh.
As far as other specifications are concerned, an upgraded display with 3000 nits of peak brightness and Snapdragon 8 Gen 4 for Galaxy will likely come. The camera department may also be enhanced with the arrival of enhanced image sensors.
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Apple is targeting over 9 million OLED iPad Pro shipments this year. On May 7th, the company launched its first OLED display iPad models. South Korea’s Samsung Display and LG Display are slated to supply OLED panels for the iPad Pro 2024.
Omdia estimates this year’s OLED tablet shipments could be 12.1 million units. The volume of hybrid OLED tablets is 8.12 million units (61.7%), debuted with the Apple iPad Pro 2024. Omdia’s forecast for hybrid OLED tablet shipment of 8.12 million units is mostly iPad Pro OLED.
Recently, TrendForce predicted that this year’s OLED iPad Pro shipment to be 4.5 to 5 million units. The market research firm estimated that the price of the new iPad Pro has increased by $200, which could partially eat into the demand for the OLED iPad Pro.
There’s a major difference in figures. Do note that Omdia’s forecast is based on panels, while Trend Force’s forecast is based on finished products. TrendForce noted that OLED panel shipments could be at least 10% higher than OLED iPad Pro shipments.
Image: Apple
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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.
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.
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