News Worms
News Worms


New Samsung Galaxy Note 8 Leak Hints At AR Capabilities

New Samsung Galaxy Note 8 Leak Hints At AR Capabilities

The success of the Galaxy S8 which launched in April also likely contributed to Samsung's record quarter.

Analysts told CNBC that Samsung's operating profits for the quarter could surpass that of Apple's for the same period for the first time ever.

Despite the rosy earnings outlook, Samsung shares declined in the domestic stock market on worry about vacuum of the company's leadership. When compared with the same period a year ago, this is an increase of 17.79 and 71.99 percent respectively. This week, Samsung announced its profit forecasts for Q2 2017, showing record-breaking numbers.

Apple's demand for OLED screens is only likely to increase in the second year of its Samsung contract, as it is said to be planning to use the newer display technology on all three iPhone models next year.

". reported June quarter operating margin of 23% is 300 basis points better than our expectations driven by Memory and DisplayWe maintain our Neutral rating; too late for us to be constructive while earning power in 2018 remains unclear". Additionally, the company is cementing its position by investing around $18.6 billion toward memory chips and next-generation smartphone displays. Analysts predict shortages for both DRAM and NAND chips to persist for the rest of this year due to limited supply growth and demand for more computing power on smartphones and servers, padding margins for memory makers.

Shares of Samsung were unchanged at 2.361 million won as of 11:48 a.m.in Seoul. Nomura Securities' South Korean arm sees this surge boosting Samsung's operating profit from OLEDs alone to 5 trillion won in fiscal 2017 and 8.4 trillion won in fiscal 2018, well above the estimated 2.8 trillion won last fiscal year. Obviously, Samsung's recent efforts in terms of the Galaxy S8 and their device internals business have definitely helped to lead to this historic occurrence.

After the Samsung Galaxy Note 7 fiasco previous year, Samsung has been extra careful in launching a phone globally.

The issues with the Galaxy Note 7 wiped out Samsung's third-quarter profit past year.

follow

editors' picks

July 08, 2017
MS Dhoni Turns 36 And Twitter Goes Gaga Trending #HappybirthdayDhoni
Fans started trending "HappyBirthdayMSD" from last night and cricketers too joined in to wish the wicketkeeper-batsman. Helicopter @mahi7781 have a great day buddy, the cake awaits you #happybirthday #cakesmash".

July 08, 2017
Spider-Man: Homecoming has a very subtle Miles Morales reference
Holland succeeds at being a plucky and invincible youngster who has to find his stride and understand what it takes to be a hero. But it's a fine start to a new Spider-Man franchise, even if nobody except Sony accountants were really asking for one.

July 08, 2017
Acapulco jail riot leaves 28 dead
Acapulco , a resort town on Mexico's Pacific coast, has been hit by grisly violence between warring drug cartels in recent years. A deadly brawl between rival gangs inside a Mexico state prison resulted in the death of 28 inmates on Thursday morning.

July 08, 2017
Royals' Mike Moustakas wins Final Vote, selected to All-Star Game
Moustakas was leading on Wednesday afternoon in the Final Vote, and there was a big push to get people to vote on Twitter. Pitchers who start their team's final game before the All-Star break aren't eligible to compete in the Midsummer Classic.

July 08, 2017
North Sinai Attack: 26 Soldiers Killed or Wounded, 40 Terrorists Killed
The military said it killed 40 assailants as it clashed with extremists in North Sinai, where ISIS is leading a deadly insurgency. The military has killed several of their commanders, including their top leader Abu Duaa al-Ansari in 2016.

July 07, 2017
U.S. lifts carry-on laptop ban on Qatar flights
After Abu Dhabi, Dubai and Istanbul , the United States has now lifted the electronic gadgets ban on flights from Doha . The ban still applies to US -bound flights from airports in Morocco, Jordan, Egypt, Saudi Arabia and Kuwait.

July 07, 2017
Tesla Throws Shade at IIHS After Lackluster Crash Test
The tests prompted the IIHS to rate the Model S's safety profile as "Acceptable" rather than "Good", its top safety level. Top Safety Pick+ has all those same requirements, but it also requires headlights to be rated Acceptable or Good.

July 07, 2017
Munna Michael's Swag: Nawazuddin Siddiqui Hits The Dance Floor With Tiger Shroff
In the video, Tiger Shroff , who is known for his kickass dancing skills, is seen teaching Nawaz some uber cool moves. The chemistry that Tiger and Nawazuddin shares in the song looks better than that between Tiger and Niddhi.

July 07, 2017
Pokemon Go One Year Anniversary Event Details Revealed
And just last month, Niantic said it will hold huge, in-person events for the biggest Pokemon Go fans. The in-game shop will be selling Anniversary Boxes during that just over two week period.

July 07, 2017
Kesha Returns with Emotionally Charged Video for New Single 'Praying'
Kesha shared her thoughts on the new single and the last few years in a post on actress Lena Dunham's website, Lenny Letter. The album will be the pop star's first since the start of her headline-making legal battle with super producer Dr.