Samsung

Samsung profits tumble as it warns of 'challenges' ahead

The world's biggest smartphone and memory chip maker said operating profit fell 56% from a year earlier.

The results reflect a broader industry slowdown, weighed down by the US-China trade war.

The firm also faces more possible disruption to its chip business due to a trade row between Seoul and Tokyo.

The South Korean firm posted operating profit of 6.6 trillion Korean won ($5.6bn; £4.6bn) for the three months to June, a 56% drop from the 14.87 trillion Korean won posted in the same period a year earlier. The result was in line with company estimates.

Samsung sued over water-resistant phone claims

The Australian Competition and Consumer Commission (ACCC) alleges Samsung's adverts made "false" claims about using its phones while swimming and surfing.

The ACCC said it had reviewed more than 300 Samsung adverts before launching its legal action.

Samsung told Reuters it would defend the case and stood by its adverts.

In its statement, the ACCC said Samsung adverts depicted phones being exposed to seawater and swimming pools and claimed that this would not affect the device during its working life.

Samsung working on home smart speaker

DJ Koh, head of Samsung's mobile division, told CNBC News: "I am already working on it."

The company already has a voice-controlled assistant called Bixby on some of its devices, which can send messages and set reminders.

One analyst said Samsung would have to differentiate itself from competitors.

Voice-controlled smart speakers are typically used to play music, set a timer, add items to a shopping list and control other internet-connected gadgets around the home.

Top 10 S8 features you will absolutely love

The Samsung Galaxy S8 is definitely not a vanilla Android smartphone which you will get bored of within a couple weeks of usage. And you can never be sure that you know your Galaxy S8 well. The device will come up with some pleasing software surprise whenever you hunt for it. 

While Bixby totally takes the back seat in India, the Galaxy S8 has more than enough to offer on the software front. Here are 10 features to look forward to in the Samsung Galaxy S8 which you will absolutely love. 

1) Samsung Pay

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Samsung signs on as sponsor for Fiji Women in Business awards

The Awards, now in its 5th consecutive year, is a much anticipated gala event in the Fiji Business event calendar.

The awards honour Fiji’s outstanding businesswomen who have demonstrated excellence and leadership in their business or profession and in their service to the community.

This is a relief as the WIB committee completes its final wrap up for the awards night on May 20 at the Grand Pacific Hotel,” said Dr Nur Bano Ali, President of Fiji Women in Business. “We are grateful to Samsung for their interest in the awards as we continue to grow the event.”

Huawei defeats Samsung in patent battle in China

A Chinese court in Quanzhou has ordered the Galaxy S8-maker to pay 80m yuan ($11.6m; £9.3m) to Huawei for infringing the firm's smartphone cellular technologies.

The two are also suing each other over patents in other courts.

Huawei's victory was tempered, however, by news that it could face a sales ban in the UK.

Huawei launched the legal action against Samsung last May and has subsequently followed with other claims filed in its home city of Shenzhen and California, covering more than 10 patents.

Samsung: Is Galaxy S8 the firm's most important phone yet?

Even in normal circumstances, the stakes are high when a phone maker unveils its latest flagship handset. But the past few months have been anything but normal for Samsung.

And at the simultaneous release of the S8 in London and New York, the elephant in the room is a big one.

This is the launch that follows the Note 7 scandal last year, the phone Samsung recalled and then eventually scrapped after some batteries overheated and caught fire.

Samsung plans to relaunch refurbished Note 7 devices

If local authorities and carriers agreed, and there was demand, it may then resell the phones, Samsung said.

It also unveiled two other proposals for recycling the devices, including detaching the components and retrieving the hardware's precious metals.

Samsung had faced pressure from environmental campaigner Greenpeace.

The organisation had lobbied the technology giant over its plans for the devices, launching a petition and staging global protests including at the Mobile World Congress event.

Apple, Samsung and Microsoft react to Wikileaks' CIA dump

Wikileaks published thousands of documents said to detail the US spy agency's hacking tools on Tuesday.

They included allegations the CIA had developed ways to listen in on smartphone and smart TV microphones.

Apple's statement was the most detailed, saying it had already addressed some of the vulnerabilities.

"The technology built into today's iPhone represents the best data security available to consumers, and we're constantly working to keep it that way," it said.

Samsung heir Lee Jae-yong to be indicted on bribery charges

The case is tied to the scandal which led to the impeachment of the country's president, Park Geun-hye.

South Korea's special prosecutor's office announced the charges against the de-facto Samsung chief, along with four other company executives.

Three of those executives resigned on Tuesday following the announcement.

Samsung also said it was dismantling its corporate strategic office, a unit coordinating the various arms of the huge conglomerate.