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Samsung will change the way you transact with cards
Samsung Biometric Card IC is an all-in-one security solution, which offers biometric cards a variety of things they need to make everyday transactions safer and PIN free. Notably, this technology was selected as a winner of the CES 2023 Best of Innovation Awards in the Cybersecurity & Personal Privacy category.
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Let’s take a look at how Samsung Biometric Card IC can make card transactions PIN free and convenient, solving one of the world’s most pressing payment and identification problems. The video mentioned below gives you a high-level understanding of how it will change the way people pay in the future.
What the video below:
Samsung Biometric Card IC
An innovative payment card technology called a biometric card offers cardholders a secure and convenient way to authenticate themselves at the point of sale (POS) by using their fingerprint instead of a personal identification number (PIN) or signature.
Cardholders don’t need to enter a PIN for high-value transactions, making transactions faster and easier. An added layer of security reduces concerns about the card or PIN theft and increases confidence in using the card, especially when traveling because you don’t have to worry about fraudulent payments even if your card is stolen or lost.
Samsung silently listed Galaxy F15 5G’s 8GB RAM variant in India. The company previously released the device in 4GB and 6GB RAM options, featuring 128GB storage. The latest release brings a third option to the F15 5G, while the memory segment remains unchanged.
As for the 8GB F15 5G, Samsung authorized retailers to sell it for INR 15,999 (~$191 or €179). Utilizing the launch offer, consumers can avail of a discount of INR 1000 (as bank cashback or upgrade bonus). Key specs are mentioned at the bottom of the post.
When Samsung launched the Galaxy S24 with 8GB RAM, it was criticized by consumers globally. Since then, the company has been given regular chances to get mocked. The Galaxy M55 5G is available in up to 12GB RAM, beating the S24 flagship’s 8GB.
There may be differences in technology, but, the larger the RAM, the smoother the device performs. As the F15 5G is here with 8GB RAM, it matched the S24 flagships costing INR 80,000 in India. Well, we hope, the next-gen flagships should have at least 12GB RAM.
Galaxy F15 5G Key Specs:
- 8GB RAM, 128GB memory
- 6.6-inch sAMOLED display with 90Hz refresh rate
- MediaTek Dimensity 6100+ SoC
- 50 MP main, 5 MP ultrawide, 2 MP macro | 13 MP selfie snapper
- 6,000 mAh battery with 25W charging
- Android 14-based One UI 6
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Samsung’s executive chairman Jay Y. Lee (Lee Jae-yong in Korean) topped the Forbes 2024 Richest Korean list for the first time. On April 17, Forbes revealed that the Samsung boss is the richest in South Korea, with his assets increasing by $3.5 billion, bringing his total net worth to $11.5 billion.
Thanks to a rise in Samsung’s stocks, Samsung’s Lee jumped to the top of the Forbes 2024 Richest Korean list. Notably, the company’s stocks significantly hiked after the revelation that it’s developing high-bandwidth memory chips used in AI computing for NVIDIA.
Forbes 2023 Richest Korean, Kim Byung-ju, slipped to second this year with assets worth $9.7 billion. The third place went to Seo Jung-jin, honorary chairman of Celltrion, with assets of $7.5 billion.
Cho Jung-ho, chairman of Meritz Financial Group, ranked fourth with $6.2 billion, and Chung Mong-koo, honorary chairman of Hyundai Motor Group, was fifth with $4.6 billion.
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Samsung established an AI chip design-dedicated Advanced Processor Lab in Silicon Valley, US. Formerly known as the Advanced Institute of Technology, Samsung’s SAIT is said to have formed the new Lab to strengthen its AI chip R&D in the US.
BusinessKorea reports that the new Samsung Advanced Processor Lab to focus on developing next-gen AI semiconductor design assets in the US. The assets are said to be focused on the RISC-V area, which serves as a foundational design asset for semiconductor chip design.
Samsung’s initiative with RISC-V is interpreted as a move towards technological independence. Therefore, the company is expanding its R&D organization in Silicon Valley, aiming to enhance design capabilities to disrupt the market currently dominated by NVIDIA.
Amid the booming AI era, the market of advanced semiconductors is also expanding. Samsung has completed the development of its Mach-1 AI semiconductor and supplied prototypes to global firms including Korea’s Naver. The company has also started the development of Mach-2.
Under the CHIPS Act, Samsung received huge subsidies to boost investment in the US. It’s worth noting that the Biden govt awarded a 12% subsidy of Samsung’s total investment, which is significantly higher than Intel and TSMC’s subsidy.
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