Samsung Buys 10% Stake in Pantech for $48 Million
Samsung today confirmed that it has made a $48 million investment in competitor Pantech, which gives it 10% ownership of the company. "The investment is aimed at solidifying our relationship with Pantech, a key component customer of Samsung," said the company in a statement. "Samsung will have no involvement in Pantech’s business management in any way or form." The two competitors already collaborate on semiconductor and display technologies. Pantech sells a mix of feature phones and smartphones in the U.S. through AT&T.
Sep 23, 2019
Samsung has finally set a US release date for its delayed and tweaked Galaxy Fold: this Friday, Sept. 27th.
Jul 24, 2019
Samsung today released a statement that it will launch the Galaxy Fold in September, having improved the design to address issues that cropped up in multiple review units right before the original launch date in late April. Samsung has tweaked the design of the folding-display phone in four specific ways: "The top protective layer of the Infinity Flex Display has been extended beyond the bezel, making it apparent that it is an integral part of the display structure and not meant to be removed."
Jul 16, 2019
Boost has started selling the Samsung Galaxy A10e, Samsung's entry-level phone in its newly expanded A-series. The $140 phone is currently offered for just $100 by Boost, in a two-day introductory sale.
Aug 7, 2019
Samsung today announced the Galaxy Note10 and Note10+. The company's super-flagship Note series for 2019 comes in two sizes: The Note10 packs a screen similar to the Note9 into a smaller body, while the Note10+ sports a larger display in a body similar in size to the Note9.