WiFi isn't safe: WPA2 Protocol broken by Belgian Researchers
Wow! These Google earphones help you speak another language instantly
Steelers back at home, ready for run-first Jaguars
DxOMark: Google Pixel 2 has Best Smartphone Camera
Google Just Unveiled the Home Mini to Challenge Amazon's Echo Dot
Despite Samsung's record profits, its smartphone business is still in trouble
28 July 2017, 11:16 | Dan Bryan
Samsung's growth this quarter was largely down to the stunning success of its semiconductor business, which is experiencing an unprecedented boom on the back of strong demand for server memory chips to store, analyze and process data in data centers.
Operating profit jumped 73% over a year earlier to 14.1 trillion won while sales rose 20% to 61 trillion won, in line with its earlier guidance.
Analysts predicted Samsung would post another record-breaking profit number in the third quarter. The consolidated operating profit for the second quarter surged 42 percent against the previous quarter and 73 percent against the year-ago period.
The world's biggest maker of memory chips, smartphones and TVs is set to smash its annual profit record after better-than-forecast performance in its mobile business lifted April-June profit slightly above its early-July guidance, analysts said.
The IT & Mobile Communications (IM) division of Samsung accounted for half the consolidated revenue - KRW30 trillion. Kim Ji-yeon, Arirang News.
With demand for Samsung's memory chips forecast to continue until next year, analyst Roh said: "Samsung is expected to post another record profit in the third quarter at around 15 trillion won".
Apple to three manufacturing units in US, Trump says
As Bloomberg points out , Apple doesn't build or manage factories; instead, it operates an intricate Asian network of production. Depending on how extensive the USA manufacturing process becomes, an increase of as much as $80 is possible.
The mobile business reported operating profit of 4.1 trillion won. Consumers also expect their handsets to be packed with higher memory storage, which increases memory demand. However, it has now fallen out of the top five, and Samsung saw sales decline in the second quarter, according to Canalys.
Samsung said it has 54 trillion won in net cash, an 11 trillion won decrease from the same time past year.
It would certainly be a welcome move - Samsung Pay works at most offline retailers - but it's hard to see other manufacturers integrating Samsung's proprietary tech in their devices.
Other big spends on the horizon include ramping up production of 64-layer V-NAND at the company's Pyeongtaek fab. In his absence the company has released the S8 to glowing reviews, helping it recover from the Note 7 recall, while also boosting investment in chips to meet demand from rivals including Apple Inc.
It is supposed that a 3,300mAh battery will fuel the handset and the Note 8 is anticipated to be preloaded with Android 7.1.1 Nougat, although many expected it to come with the Android O.
Twitter stalls, fails to add new users this quarter
The company reported it is taking daily action on 10 times as many abusive accounts compared with the same time previous year . Average MAUs were 328 million for Q2, an increase of 5% year-over- year and compared to 328 million in the previous quarter.
Russian sought in bitcoin laundering held in Greece
The charges against Vinnik are still sealed, and are likely to remain sealed as prosecutors attempt to extradite him to the US. He also stated that the future of BTC-e exchange is uncertain and user funds may be never returned.
Penn State Set To Continue Success
Despite a wildly successful season, Penn State's offense managed to make up for some defensive shortcomings last season. Meyer is 61-6 since taking over at Ohio State, but that has come with just one Big Ten championship.
Conservatives: We didn't ask for ban
Donald Trump's new press secretary read out a letter apparently sent from a nine-year-old boy in a bid to defend his presidency. Pennsylvania lawmakers said they had questions about the new policy, and several were critical of the president's decision.
BMW 'Categorically Rejects' Allegations of Emission Cheating
Audi, BMW and Daimler bought digital-mapping company HERE in 2015 for €2.5 billion, and have run it jointly since then. And on Friday, Audi said it would retrofit 850,000 diesel cars to improve their emissions in "real driving conditions".
Buh-bye, Bill Gates! Richest man in world is now Jeff Bezos
He first joined the ranks of the 400 richest Americans in 1998, a year after Amazon.com went public, with a $1.6 billion fortune. Bezos has used his fortune to purchase The Washington Post in 2013 and launch his own rocket company, Blue Origin .
Princess Diana organised supermodel surprise for Prince William
The two brothers smile fondly over the pictures that their mother snapped, reminiscing over how much she loved taking photographs. William , now the Duke of Cambridge, was 15 and Harry 12 when their mother was killed in a vehicle crash in Paris in 1997.
Discovery deal with Scripps to drop as early as next week
Let's talk about the gap between analyst price targets for the next 12 months and Scripps Networks Interactive, Inc. It is predicted that the acquisition of Scripps can come as early as the following week, according to sources.
Britain To Ban Fuel-Powered Vehicles in 2040
The Times newspaper said the supply of hybrid vehicles , which have an electric and petrol or diesel engine, would also end. This is one element of the government's £3 billion program to clean up the air and reduce vehicle emissions, said Gove.