Samsung
Samsung could cut production at its biggest money-making business
Semiconductor Division of Samsung Electronics is known as its biggest money-making business, which could get a strategic production cut. However, the company is likely to post deficits of billions of won in the first quarter of this year amid weakening memory chip prices and higher inventories.
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According to the regulatory filing to DART by Samsung, its inventory assets reached an all-time high of 52.2 trillion won ($39.9 billion) as of the fourth quarter of last year, compared with last year’s 41.4 trillion won.
The South Korean tech titan’s chip business division accounted for the lion’s share of the total figure, with 29.1 trillion won in the same year, up nearly 12.6 trillion won from the same period tallied in 2021, the data showed.
Pent-up demand during the pandemic for home appliances, including TVs, has lost momentum, and aggressive rate hikes in major economies have significantly weakened consumer spending power.
This situation, on top of the inventory surge, has resulted in a sharp drop in chip prices. Market watchers believe the prices of PC DRAM and NAND memory chips are reportedly getting closer to their costs.
- KB Securities forecast the prices of DRAM and NAND chips will drop by a further 19 percent and 18 percent, respectively, in the January-March 2023 period.
While falling chip prices and soaring inventories affect Samsung’s earnings, the company is expected to take a turn into the red in this first quarter, logging operating losses of between 1.91 trillion won and 4.47 trillion won, reports FnGuide.
Despite witnessing a sharp drop in chip profits, Samsung maintains it will not be “artificially” cutting output and will keep up investment in its chips business. However, it has hinted at the possibility of a “natural” reduction through process conversion.
At Wednesday’s shareholder’s meeting, the company shared a downbeat forecast for its chip business this year but said it will continue to invest to secure clean rooms and technology advances in its efforts to “turn misfortune into advantage.”
“We will be flexible in executing infrastructure investment given volatile market conditions. We’re also planning to enhance our investment efficiency and improve the corporate structure.” Said Lee Jung-bae, president of Samsung’s device solution division.
Samsung and SK Hynix might reduce their production further to prevent soaring inventory assets and boost semiconductor prices. Market watchers say that reducing supply is the way to accelerate rebound in their chip businesses.
Back in April, Samsung announced that the Samsung Free platform will be replaced with Samsung News. Following the announcement, the company released the Samsung News service in the US as part of the Beta trial, which is now readying for expansion, starting with Europe.
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According to the information, Samsung filed a new trademark application at EUIPO (European Union Intellectual Property Office), which reveals that the company is preparing to expand the market availability of the new News aggregation platform, including Europe.
Along with the trademark application, the South Korean tech giant has mentioned the new icon displaying Samsung News. The “Goods and Services” section describes “computer software for users to share daily information to provide interactive and personalized intelligence.”
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There are three ways to get content on the new Samsung News platform including Daily Briefings, News Feeds, and Podcasts. Consumers in the US are currently getting news content from reputed partners including Bloomberg Media, CNN, Fortune, Fox News, and USA TODAY.
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Samsung offers one of the better ways to understand your overall health is in your body composition. On your Samsung Galaxy Watch 5, you can easily use the Body composition feature.
Knowing about your body composition can tell you whether your body fat percentage is within a healthy range. Through this, you’ll learn how to make the right changes to achieve your physical goals and reduce your risk of diseases like heart disease, diabetes, and high cholesterol in the long run.
There are many ways to measure your body composition, but some can be expensive, not generally available to the public, or simply impractical, while others can be error-prone if done incorrectly. If you juggle a busy schedule and are always on the go, but want to maintain a healthy body, you may need options that fit your lifestyle.
So Samsung says hello to BIA. It stands for Bioelectrical Impedance Analysis is a method of estimating your body composition by sending small electric currents (completely painless) throughout your body to see how easily they pass through your tissues. The voltage is measured to calculate the impedance (resistance) of the body. Most body water is stored in muscles, so if a person is muscular, that person also has more water in their body, resulting in lower impedance.
This method is simple, cheap, fast, and non-invasive. No need to buy expensive devices as the BIA sensor is available in affordable devices like Samsung Galaxy Watch 5 and Galaxy Watch 5 Pro.
With the Body Composition feature on Samsung Galaxy Watch 5 series, you can take measurements on the go. Still, the company recommends regular visits to your doctor for standard health checks.
Not only that, but you can also log your results on the Samsung Health app. It’s great when you can track your progress toward sound health. The app also provides suggestions on how to improve your diet or exercise routine to achieve your physical goals. In addition, when you connect the watch to the Samsung Health app, it gives you even more value, like sleep, stress, blood pressure, ECG, and more.
Are you also suddenly facing Internet or Wi-Fi connectivity issues on your Samsung smartphone? If this is the case, then let us tell you that many times some such functions are enabled in our smartphones due to which issues start occurring.
If you are also facing Internet connectivity issues in your Samsung smartphone, one of the reasons could be the private DNS function. If you enter and use a specific Private DNS provider hostname, the Internet/Data/Wi-Fi (Wi-Fi) connection may become unavailable or slow, depending on the location of the DNS servers.
The network error occurs if you have installed the app and entered a private DNS provider host to block ads. The problem can be rectified by disabling the previously set private DNS.
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How to Disable Private DNS?
You can easily disable the Private DNS function by following a few steps mentioned below.
- Open the Settings app on your Galaxy smartphone.
- Click on the Connections option.
- Scroll down and tap on More connection settings.
- Now, tap on the Private DNS option.
- Once you tap on the function, you can see three options.
1) Off
2) Automatic
3) Private DNS provider hostname
- You just need to select the ‘Off ‘option and click on the Save option.
Hidden Samsung trick to boost Internet speed on your Galaxy device