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samsung electronics-pref (SSNNF) Key Developments

Samsung Electronics Co Ltd Unveils the Galaxy A5 and Galaxy A3

Samsung Electronics Co Ltd. unveiled the Galaxy A5 and Galaxy A3 offering a refined modern design and the most advanced functions to support social networking.Available across Oman in an all-metal frame and a variety of colours and sizes both devices empower younger consumers to quickly and easily capture meaningful moments connect to social media and share their daily lives.quot. The Galaxy A5 and A3 are Samsung's slimmest smartphones to date featuring refined full metal unibody designs that are 6.7mm and 6.9mm thin respectively. Both devices will come in a variety of colours including Pearl White Midnight Black Platinum Silver and Champagne Gold to accommodate the personal style and preference of diverse users.5 MP front camera for unmatched selfies: The Galaxy A5 and A3 offer a superior mobile and social experience to young consumers who want to express their unique style while constantly staying connected.

Samsung Electronics Will Raise Dividend for 2014

Samsung Electronics announced that it will set its per-share dividend for 2014 at 20,000 won ($18.50), up 40% from 2013. Its total dividend payout will amount to $2.8 billion, compared with 2.16 trillion won the year before.

Samsung Electronics Reportedly Still Eyeing BlackBerry

Samsung Electronics Co. Ltd. (KOSE:A005930) is planning to sell stake in BlackBerry Limited (TSX:BB). Financial Post learnt that Samsung is actively pursuing a plan to take over a significant stake in BlackBerry, despite statements from both companies this week denying that such a plan may be in the works. Financial Post quoted a document prepared for Samsung by Evercore Partners, outlines the case for, and the potential structure of a possible purchase of BlackBerry. Source stated, “I can tell you Samsung is contemplating a purchase. It's still being pursued right now. Samsung is still evaluating their options. So it's still very much an open deal.” The report added that BlackBerry and Samsung both declined to comment. On January 14, 2015, Reuters reported that Samsung and BlackBerry were in talks regarding a $7.5 billion takeover offer. As a result of the buss, BlackBerry shares rose 30% to close at $12.6 on the NASDAQ. Later, BlackBerry denied the report saying, “BlackBerry has not engaged in discussions with Samsung with respect to any possible offer to purchase BlackBerry.” Chief executives from both companies have also denied the report. The Evercore Partners document identifies BlackBerry's suite of software products as appearing ‘complementary to Samsung's service platform,’ and points to the advantages that BlackBerry's products and services, including its BES12 servers, could provide Samsung in better penetrating the enterprise market.

Samsung Unveils New Line-Up of Curved Monitors and SMART LED Signage

Samsung Electronics Co. Ltd. has unveiled a new line-up of curved monitors and SMART LED signage. The range includes the ultra-wide 21:9 aspect ratio SE790C, available in 29 and 34 inches, and the 32-inch SE590C. These monitors, alongside the SE510C, available in 24 and 27 inches and TV-ready 27-inch TD590C are expected to bring Curved monitors into the mainstream, ability to offer a more engaging viewing experience. The latest displays will be shown across four areas: SMART Office zone, SMART Hotel zone, SMART Restaurant zone and SMART LED Signage zone. In the SMART Office zone, UHD and Curved monitors designed will be on display in an elegant office environment. The SMART Hotel zone will let visitors experience enhanced connectivity through features such as in-room control that wirelessly connects hotel TVs with numerous IT products. In the SMART Restaurant zone, second-generation SMART Signage TVs for small and medium-sized business owners will show how powerful digital signage can be in promoting a company's offerings. Samsung will also debut upgraded software that can be used in conjunction with existing digital signage to provide the most up-to-date experience possible. The zone will include an experiential area, where visitors can create digital menus and try out the new SMART Signage solutions. The SMART LED Signage zone features a bezel-less design with enhanced screen quality, and can be fully customized to meet customer preference. On display in the SMART LED Signage zone is the signage display, measuring 2.7 meters in length and 1 meter in width, and comprised of 12 modules (6x2 displays). This display has the industry's smallest 1.4mm pixel pitch. Also on show for the first time in North America are the AMD FreeSync-compatible UE590 and UE850 UHD monitors. The monitors were initially announced via a technical collaboration with AMD last November.

Samsung Denies Acquisition Rumors

Samsung Electronics Co. Ltd. (KOSE:A005930) co-Chief Executive Officer says the company wants to develop its partnership with BlackBerry Limited (TSX:BB), but has no intention of acquiring the Canadian handset maker. "We want to work with BlackBerry and develop this partnership, not acquire the company," said J.K. Shin, who heads Samsung's mobile-phone business, said in a statement to The Wall Street Journal. Samsung is separately in talks with BlackBerry to extend the scope of its cooperation, including the potential use of BlackBerry technology in Samsung devices, the company said. It didn’t elaborate on the potential extension of its agreement.

 

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