Samsung
Samsung posts lowest operating profit in 15 years, but chip market shows optimism
Samsung DS Division which handles the semiconductor business reduced its deficit in the fourth quarter of 2023. Although the extent of recovery fell short of expectations, analysis suggests that semiconductor performance has bottomed out and turned to recovery.
Today, Samsung announced that as a result of its preliminary performance for 2023, it recorded sales of 258.16 trillion won and operating profit of 6.54 trillion won. Due to the slump in the chip business, sales decreased by 14.58% and operating profit by 84.92% year-over-year.
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It is the lowest level in 15 years since 6.0319 trillion won in 2008 when performance plummeted due to the global financial crisis. Fourth quarter sales amounted to KRW 67 trillion, down 0.59% from the previous quarter. Operating profit increased by 15.23% to 2.8 trillion won, rising for three consecutive quarters.
Although provisional performance by business division was not disclosed, the DS division is estimated to have reduced its loss from 3.7 trillion won in the third quarter of last year to mid to high 2 trillion won in the fourth quarter. The DS division’s annual operating loss in 2023 is expected to be around 14 trillion won.
// ETNews
Samsung has recently rolled out the Android 14-based One UI 6.1.1 update for its Galaxy S23 series and older foldable devices in South Korea. The company plans to extend this update to more regions, reportedly next week. Users of the Samsung Galax S23 series, Galaxy S23 FE, Galaxy Z Fold 5, and Galaxy Z Flip 5 will get the One UI 6.1.1 update in Canada next week.
As per the latest information from Fido’s software update schedule, Canadian users of the above-mentioned devices will receive a new software update on September 17, 2024.
On this date, users with Galaxy S23, Galaxy S23 Plus, and Galaxy S23 Ultra will get both the August 2024 security patch and the new One UI 6.1.1 features in Canada. The Galaxy Z Flip 5 and Galaxy Z Fold 5 will also receive this update on the same day.
However, the Galaxy S23 FE will also receive the One UI 6.1.1 update but with the September 2024 security patch on September 17 in Canada. The update will be between 2.3GB and 3.1GB in size.
One UI 6.1.1 update is a major upgrade, which brings several new features to enhance the user experience. It also comes with advanced Galaxy AI features, which promise to improve the functionality and performance of these devices through smarter and more intuitive interactions.
With this major update and fresh patch, Canadian Galaxy users can look forward to better security and new features that take their phone experience to the next level.
Samsung has rolled out a new update for the PENUP app has a new update with version 3.9.16.27. This update mainly fixes some bugs that users have reported.
The fresh update for improves some functions of the Samsung PENUP app to make it more reliable and useful. Also, it fixes some issues that users encountered in previous versions to provide a better Galaxy experience.
PENUP is a popular app that lets you draw, paint, and share your artwork. It’s especially useful for those using Galaxy devices, providing a range of tools and brushes for creative expression. The app also features a community gallery where users can showcase their art and get inspired by others.
The latest update makes the app run more smoothly by fixing various bugs. It doesn’t mention specifics about which bugs were fixed but surely makes the app more reliable and enjoyable to use.
If you’re already using PENUP, you can get this update by going to the Samsung Galaxy Store on your device. Just find the PENUP app page and select the update button. You can also check the update through Galaxy Store >> Menu option >> Updates.
Alternatively, you can download the update through the third-party app link mentioned here.
Samsung will hold this year’s Developer Conference on October 3rd. The company is expected to showcase its software advancements including Galaxy AI, Tizen OS, Knox, and One UI. It’s mid-September and there’s no sign of One UI 7 Beta.
Is it really coming?
Amid talks of a delay in the Beta Program, it’s assumed that Samsung may kick off the public rollout without beta. The Korean tech giant is nearing the Developer Conference 2024 and the Beta isn’t announced for the S24 series.
In mid-July, the Beta was rumored to kick off on July 31 in South Korea. The rumor was untrue, but we got some alleged screenshots from the firmware. A series of app icon images have floated online, but no one’s talking about that now.
CheckFirm hasn’t yet detected any Beta test build on Samsung’s firmware. The company is swiftly progressing on the One UI 7 development. However, it’s difficult to guess the exact status of the Beta release for the Galaxy S24 series.
One UI 7 will be the first major upgrade for the Galaxy S24 series. The new firmware with “B” OS marking is being tested and updated regularly. Meanwhile, everyone’s waiting for the “Z” marked build to pop up right before the Beta announcement.
Is Android 15 delaying the Beta?
Google is expected to start rolling out the Stable Android 15 next month. The company launched the Pixel 9 series last month, which came pre-loaded with last year’s OS. It points out a strategic change, which has not been announced by Google.
It appears that Google still has some work left to be done on Android 15. Samsung’s software is based on Android, hence, the development and testing would have been impacted. Anyways, being a Samsung fan, I wish for a fruitful outcome.
What do you think, will Samsung run the One UI Beta Program this year?
Should Samsung cancel the One UI Beta Program this year?#Samsung #OneUI #OneUI7 #Android15 @SamsungMobile @SamsungMobileUS pic.twitter.com/PrVYMxAaSn
— Sammy Fans – We ♥ Samsung! (@thesammyfans) September 14, 2024