News
For the first time, Samsung surpassed $230 billion in sales
On March 15, Samsung Electronics held its 54th regular shareholders’ meeting where it announced that the company surpassed $230.62 billion in sales for the first time in 2022. Despite a continuous market downturn, the company created a new record, which is satisfying for the shareholders.
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According to Vice Chairman Jong-Hee Han, CEO, despite the difficult environment last year, Samsung Electronics exceeded 300 trillion won (~ $230.62 billion) in sales for the first time thanks to the efforts and encouragement of many people, breaking the record for two consecutive years.
It’s worth mentioning that the Korean tech giant is facing a serious drop in its foundry business due to low demand and yield concerns. Samsung mobiles are selling well, but the company is now focussing more on the premium segment to increase overall revenue.
In addition, the company announced that it has been steadily preparing the foundation for sustainable growth through strategic facility investment and strengthening research and development (R&D) and focused on further solidifying its leadership in the industry.
Samsung is making efforts to contribute to the realization of sustainable daily life for customers with products and services based on innovative technologies. We will communicate with stakeholders, including shareholders, about sustainability management achievements and challenges. – Said Vice Chairman Jong-Hee Han.
Last but not least, Samsung Elec VC Han emphasized “concentration on the essence” and strengthened his resolution for this year’s management. The official said that “the secret to overcoming the crisis in a difficult environment was the truth of focusing on the essence.”
By the end of 2023, Samsung Display is likely to supply nearly 70 million units of OLED for the iPhone 15 series to Apple. The company’s OLED volume by model is estimated to be in the low 20 million units for the iPhone 15 and 15 Plus, 9 to 10 million for Pro, and ~ 30 million for Pro Max.
Among the four iPhone 15 models, the 15 Pro Max OLED estimate, which Apple plans to produce the most, is four times higher for Samsung than for LG Display. Industry watchers say that Samsung Display’s iPhone 15 Pro Max OLED volume is in the mid-20 million units, three times that of LG Display.
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The prevailing view is that LG Display will have 15% more OLED volume than Samsung Display (9 million to early 10 million units). Those who see it differently predict that Samsung Display will secure around 20 million units of 15% OLED, which will be more than LG Display.
News
Apple’s Surprising Victory: Takes the Crown in Indian Smartphone Exports, Samsung Drops to Second
For the first time, Apple surpassed Samsung in smartphone export from India. The company shipped 49% of the country’s total 12 million shipments in the second quarter. Samsung, on the other hand, secured 45% of India’s total smartphone shipments in the same period.
Apple clocked a rapid growth in export volumes in the last year by making iPhones through contract manufacturers in India. The Cupertino-based company’s share of exports soared from just 9% of the roughly 8 million smartphones shipped in Q2 2022, to almost half the total smartphone exports in Q2 2023.
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Samsung’s share of export volumes fell from 50% in Q1 2023 to 45% in Q2 2023. This marks a sharp decline from Q2 2022 when the company had a dominating 84% of the export market from India. Meanwhile, exports by other Android brands (Xiaomi, Motorola, Vivo) declined from 10% in Q1 2023, to 6% in Q2 2023.
Google Messages is getting a new look for its voice recorder UI. The microphone icon in the text field will change to a waveform icon, which is different from the voice typing button in Gboard.
Instead of holding down the mic to record, you will now see a panel with a start/stop button and options to cancel, delete, or attach the recording. You will also see a waveform and a timer while recording, and you can play back the recording before sending it.
The voice messages preview will also show a waveform between the play/pause button and the timer, making it more noticeable than the current straight line.
These changes are not widely available yet, but some users have reported seeing them on their phones. These new changes are part of a bigger redesign that Google is working on for Messages, which includes a revamped home screen that is still in beta testing. Google might announce new features soon.
