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Samsung and LG Again Scale Down The Production




  • LG & Samsung are prepared to reduce their TVs and home appliances production.
  • Samsung & LG held meetings to counter & avert the current crisis.

A major development came to light lately on the 24th Friday that the two major giants from the S.Korea, LG & Samsung, are prepared to reduce their production of TVs and home appliances due to inflation, high-interest rates, and Russia’s invasion of Ukraine, to coordinate with reduced consumer demand and current adverse economic conditions.

As reported by Shinhan investment, a big investor and Samsung Electronics supplier, South Korean tech giant Samsung Electronics also cut down its smartphone production by ten per cent last month by 35%, which is a reduction from the average monthly production from early Jan to April of 2022, this was followed by a 10% decrease from an upcoming quarter of the year compared to last one. As reported by Shinhan investment, a big investor and Samsung Electronics supplier. 

According to DSCC, which provides critical market intelligence, insights, guidance, and consulting on the display industry to its clients-Samsung took two more years to make the inventory turnover in this Q2 about 90 days. The turnover represents the time stock turn into sales. Hence shorter the period, the lower the cost burden.

According to the revelations to FSS, inventory assets for the Q2 this year increased by 53.9 per cent to 49.84 trillion won (38656935189.60 USD$) as compared to last year.

The Financial Supervisory Service is South Korea’s integrated financial regulator that examines and supervises financial institutions under the broad oversight of the Financial Services Commission, the government regulatory authority staffed by civil servants.

With many Galaxy, A mid-tier phones not being sold, Samsung has stuck with 50 million smartphones in stock earlier this month also.

From media sources, it was learned that the global TV market sales were marginalized to 4.9% YoY basis, but QLED sales increased 23% to 3.3 million in Q1 this year.

According to the industry, one of the officials anonymously stated,

“High inflation, high-interest rates, and economic recession are not problems for one specific company but the entire industry. It is not a problem that one company can solve.”

This was the result of global inflation and the pandemic effect, which caused the semiconductor industry to lag due to a shortage of components. Samsung has been in a pendulous state due to the outpouring of the inventory.

Expansion of premium products was discussed at the company’s Global Strategy Council this Tuesday, where Samsung focused on sales of the premium products targeting the markets such as Europe & USA, where purchasing power is excellent.

On the hand, LG electronics has also decided to reduce the production of home appliances to deal with lower demand.

an LG Electronics official stated-

“There was an increase in demand during the pandemic, but we are transitioning to an endemic, so we have been adjusting our production accordingly,”

The condition is serious as it was the first time in three years since 2019 that the LG held a strategy briefing session in the presence of Chairman Koo Kwang-mo, and the CEOs of major affiliates were required to conduct a meeting between the business community, decisions. Rectification was done to avert & counter-current crisis.

We’ll have to watch out, as this would impact the market slightly bad or worse for the customers.

Sources & References :

Harsh is a seasoned technology enthusiast with a deep passion for Android. Since its announcement in 2007, he has closely followed the evolution of this operating system, gaining a comprehensive understanding of its features and capabilities. His background in Android, IT, and Journalism has equipped him with the skills to analyze and present complex technological concepts in a clear and engaging manner. As the Editor-in-Chief at, Harsh is dedicated to sharing his knowledge and experiences about Android, services, and applications with the world.


New Galaxy Phone In Existence: Samsung Galaxy M35 5G Spots On Geekbench 




The Korean brand – Samsung has recently announced its two mid-range Galaxy smartphones – Galaxy A55 5G and Galaxy A35 5G. A new benchmark listing has a spot for Samsung’s affordable smartphone, Galaxy35 5G.  

Samsung is now gearing up for its next affordable Galaxy smartphone, the M35 5G, as the  reports are unvunveilhey have found a new benchmark listing for Samsung the Galaxy M35 5G. 

The smartphone has been spotted with the model number as an identification code – SM-M356B on the Geekbench 6.2.2 database. Not only this, but it also confirmed the presence of 6GB of RAM and Android 14 OS. The chipset also came to know which is the latest Exynos 1380. 

The codename for the motherboard is also mentioned, which is ‘s5e8835.’ The reports say that it has scored 656 and 1967 points in performance scores on the benchmarking platform. Exynos 1380 is the latest chipset of the Korean brand, which is a 5 nm processor. It consists of 4 Cortex A78 cores, which clock at 2.4GHz, and 4 Cortex A55 cores, which clock at 2.0GHz. It is coupled with a Mali g68 MP5 GPU. It also has an AI Engine. 

This also offers connectivity options, which include the latest Bluetooth version 5.3 and Wi-Fi 802.11 ax with three bands. It supports a camera resolution of at least 200MP for capturing images, and for video recording, there is support for up to 30fps 4K recording. The storage supported is UFS v3.1, and RAM will be of the LPDDR4x/5 type. 

Samsung has recently debuted its two smartphones, Galaxy A55, and Galaxy A35; the Galaxy A35 5G smartphone is powered by Exynos 1380 chipset. From this perspective, Galaxy M35 5G could be a variant of Galaxy A35. 

At the moment, no specs and features of the device have been revealed or leaked. Still, since Galaxy M series smartphones usually have a bit higher battery power of at least 6000mAh, the forthcoming Galaxy M35 5G smartphone also arrives with the same battery power. 

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Verizon rolls out the March 2024 security patch update for the Galaxy Z Fold 3 and Galaxy Z Flip 3 devices 



Verizon has rolled out the March 2024 security patch update for the Galaxy Z Fold 3 and Galaxy Z Flip 3 devices. Earlier, these devices had received the same update outside the US, but now they are gradually expanding to the US.

The Galaxy Z Fold 3 and Galaxy Z Flip 3 are spotted getting new updates with the firmware version numbers F926USQS5HXBD and F711USQS6HXBD, respectively. It is worth noticing the update is currently available for the devices locked to Verizon, but it will soon be available on more carriers. 

For your information, the latest update for Galaxy Z Fold 3 and Galaxy Z Flip 3 doesn’t bring any significant changes, but as it is the latest security patch, it will provide some internal fixes to maintain the security of the devices.

If you are getting some other issues from the last update, you should also update the device to the latest update, as it may also address some issues. Along with the update, other improvements may also be made to enhance the overall performance of the devices.

Suppose you use the Galaxy Z Fold 3 or Flip 3 device in the US. In that case, you can update the device to the latest version by simply going to the system settings and then to the software update. If you haven’t received the update, you should wait for some time, as it may arrive in the next few days.

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Samsung rolls out the March 2024 security patch update for the Galaxy S23 FE devices in the US




Samsung has rolled out the March 2024 security patch to almost all devices but still needs to complete the update distribution to all eligible devices. So, gradually expanding the update to remaining devices, the company has started rolling out the update for the Galaxy S23 FE in the US.

Notably, the Galaxy S23 FE devices are getting a new update in the carrier-unlocked version with the firmware version number S711U1UES2BXBF. The update has already been rolled out to almost all carriers, including AT&T, Bluegrass Cellular, C-Spire, Cellular South, Comcast, Cricket, DISH, MetroPCS, T-Mobile, Tracfone, US Cellular, Verizon, and Xfinity Mobile.

According to the official changelog, the March 2024 security patch is one of the standard maintenance updates that provides some internal improvements for the device, and there will be no visible changes available. In other words, users may experience some improvement in the functioning of devices, but it doesn’t particularly bring any specific changes for the device.

Going to the details, the March 2024 security patch includes more than 40 fixes, 37 of which are provided by Google and address the issues found in the Android OS, while 9 more features are introduced by Samsung that enhance the performance of Galaxy devices exclusively.

Suppose you are using the Galaxy S23 FE in the US. In that case, you can update the devices to the latest version by following the simple steps: first, go to the system settings, tap on the software update, and tap on the download and install button; if it shows a new update available, tap on the download button.

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