Latest Samsung Electronics Co Ltd News

Cuba to let citizens buy imports with foreign currencies

Oct. 16, 2019 5:12 PM EDT

HAVANA (AP) — The Cuban government says it will allow citizens to use 10 foreign currencies to buy products like televisions and air conditioners at state stores in an attempt to compete with a multi-billion-dollar informal market in imported goods. The communist state has a monopoly on most forms of...

China's Huawei reports sales gain despite US sanctions

Oct. 16, 2019 5:04 AM EDT

BEIJING (AP) — Chinese tech giant Huawei on Wednesday reported a double-digit gain in sales despite U.S. sanctions that threaten to disrupt its smartphone and network equipment businesses. Huawei Technologies Ltd. said its sales rose 24.4% in the first nine months of 2019 to 610.8 billion yuan ($86...

Google touts privacy options, but still depends on your data

Oct. 15, 2019 6:08 PM EDT

SAN FRANCISCO (AP) — Google's latest phone and smart-home devices came packaged with a not-so-subtle message: Google cares about your privacy. Does it? The tech company has had a complicated relationship with user information in the past. Google's latest steps offer consumers some additional protections,...

Tough times for chipmakers as Samsung warns of profit drop

Oct. 8, 2019 5:33 PM EDT

SEOUL, South Korea (AP) — Samsung provided the latest sign of the tough times afflicting computer chipmakers as it braced investors for a sharp drop in profit. The sobering forecast Tuesday wasn't entirely unexpected, given an industrywide glut that has forced chipmakers to slash prices to clear out...

Samsung ends smartphone phone production in China

Oct. 4, 2019 4:31 AM EDT

SEOUL, South Korea (AP) — Samsung Electronics said Friday it has ended the production of smartphones in its last factory in China. Production at the factory in southern China’s Huizhou ended last month, the company said in an email Friday. It said it made “the difficult decision to cease...

Samsung's folding phone hits the US

Sep. 23, 2019 6:53 PM EDT

NEW YORK (AP) — Samsung's folding phone is finally hitting the U.S. Samsung will start selling the Galaxy Fold, a phone with a screen that folds together like a book, on Friday. There will be an AT&T version as well as an unlocked version sold at Best Buy and Samsung stores. The South Korean tech giant...

Why you don't need a 5G phone just yet

Sep. 20, 2019 2:36 PM EDT

NEW YORK (AP) — No 5G iPhone? No problem. You probably don't want one anyway. For most people, it's smart to stick with a smartphone that isn't compatible with speedier 5G wireless networks, which are just starting to roll out. That's the case even if you think you'll be hanging on to your next phone for a...

Huawei debuts phone without Google apps as US sanctions bite

Sep. 19, 2019 12:36 PM EDT

MUNICH (AP) — Huawei launched a new flagship smartphone on Thursday but it comes without popular Google apps such as Chrome or YouTube after U.S. sanctions kicked in, limiting its appeal to consumers. The Chinese tech giant's Mate 30 phone series, including one for new 5G networks, runs on an open source...

Facing US ban, Huawei emerging as stronger tech competitor

Sep. 17, 2019 6:12 AM EDT

SHENZHEN, China (AP) — Long before President Donald Trump threatened to cut off Huawei's access to U.S. technology, the Chinese telecom equipment maker was pouring money into research that reduces its need for American suppliers. Huawei's founder says instead of crippling the company, the export curbs are...

Samsung folding phone to launch after screen problem delay

Sep. 5, 2019 12:11 PM EDT

LONDON (AP) — Samsung's highly anticipated folding phone will go on sale Friday, after the original launch date was delayed by months because of embarrassing problems with the screen. The South Korean tech giant had put the Galaxy Fold's launch on hold after reviewers encountered problems with the device's...