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Samsung expects record $80bn quarterly profit as AI memory demand soars

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Samsung Electronics expects its operating profit for the third quarter to reach a record level of about 107.4 trillion won ($80bn), a significant increase from 12.17 trillion won a year earlier. The South Korean company released its preliminary figures today. It represents an increase of nearly nine times, or roughly 783 per cent, and sales […]

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Samsung Wallet now unlocks some GM cars

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Users of some Samsung devices in the US and Canada can now lock, unlock, and start select GM vehicles using a digital key stored in their Samsung Wallet. Support will start on select 2026 and 2027 Cadillac EVs, including the 2025-2027 Lyriq, 2026-2027 Optic, and 2027 Vistiq. GM says more models will be supported by […]

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Micron sees the memory shortage tightening into 2028 after a record quarter

Artificial Intelligence, Deep tech, Digital Marketing, Samsung, semiconductors, SEO Tips, Technology, United States /

Micron says the global memory shortage will get tighter over the next two years. The US chipmaker reported record results on Wednesday. Revenue for the quarter to 3 September rose nearly fivefold from a year earlier, to $54.23bn, the company said. Net income reached $37.7bn, up from $3.2bn a year earlier. Gross margin hit 86.8%, […]

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Samsung lifts prices across most of the Galaxy S26 range by $100

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Samsung has added $100 to the Galaxy S26, S26+ and Ultra and $200 to the 1TB Ultra, seven months after the phones went on sale, blaming the memory shortage. The same shortage made Samsung’s semiconductor division 94% of company profit in the first quarter while its mobile division’s operating profit fell about 38%. Samsung has […]

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Samsung raised prices on the Galaxy S26 by $100

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The base Galaxy S26 with 256GB of storage costs nearly $1,000 after Samsung raised prices in the US by $100 or more, Phone Arena reports. The Galaxy S26 and S26 Plus were already $100 more expensive than their S25 predecessors when they launched earlier this year, which Samsung said RAM price hikes were partly to […]

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Samsung’s new tablets arrive more expensive, and its tracker lasts longer

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Samsung’s Galaxy Tab S12+ and S12 Ultra reach Europe on 7 October at 1,299 and 1,539 euros, roughly 180 euros above the model the first replaces, against a 100 dollar rise in America. The entry-level 11-inch tablet was not updated, which is what the memory shortage has been doing to cheap devices all year, while […]

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Samsung’s new SmartTag is smaller, longer-lasting, and works with iPhones

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Samsung has announced its third-generation Bluetooth tracker, the Galaxy SmartTag 3. It combines a smaller design and improved battery life with a few new tracking and software features, including cross-OS support intended to make it easier to share tracking information with friends and family. As revealed by leaks, the SmartTag 3 has adopted a squircle […]

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Samsung gives its two-year-old Galaxy Tab S Plus an overhaul

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Since the Galaxy Tab S10 line, Samsung has updated its flagship Ultra tablet annually, but alternates its regular and Plus variants. It means that this year’s Galaxy Tab S12 series includes an Ultra model with few changes from last year’s Tab S11 Ultra, and a Plus variant that brings a bigger overhaul to the two-year-old […]

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Samsung and five affiliates put $1bn into KKR’s AI infrastructure firm

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On Tuesday, the group said that six of Samsung’s companies are pooling their resources to make a $1bn investment in Helix Digital Infrastructure, a company that KKR set up in June specifically to build AI data centers. Samsung Electronics is investing $500M, with the remainder allocated among its affiliates. The companies in question are Samsung […]

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Samsung says ‘Tim Cook’ bought a Galaxy Fold

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That isn’t Apple’s former CEO promoting the Galaxy Z Fold 8 in a new Samsung ad – “Tim Cook from Palmerston North” just happens to have the same name and look a lot like him. Released right as Apple announced its iPhone Duo, the ad mimics Apple’s cinematic product launch videos, with “Tim Cook” saying […]

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