News
Samsung SDI Posts Record Profit, Driven by Strong EV Demand
Samsung SDI, the firm that produces and sells plasma display panels and secondary cells, announced its second-quarter 2023 results. Despite the continuous slump in semiconductor chips, Samsung SDI, the battery manufacturing and electronics material division of Samsung Electronics, attained the highest second-quarter sales and profit. The report reveals that income for the Energy Business was KRW 5.27 trillion, an increase of KRW 1.985 trillion (29.4%) and KRW 472.3 billion (9.8%) on an annual and quarterly basis.
The operating profit was KRW 388.1 billion, with an operating margin of 7.4%. This shows that there is a significant rise of KRW 143.2 billion, which accounts for 58.5% over the previous year, as well as 22.7% with KRW 71.7 billion over the previous quarter. The strong sales of customers’ high-end automobiles outfitted with P5 batteries led to a rise in revenue and profit for the Automotive and ESS Battery Businesses. Revenues of KRW 5.84 trillion for the second quarter of 2023, with operating profits of around KRW 450.2 billion.
Revenue climbed by 23.2%, and profit rose by 4.8% compared to the same period in 2022. And this is the fourth quarter in a row that Samsung SDI’s revenue has exceeded KRW 5 trillion, which is a clear appearance of great success with an operating margin of 7.7% for the firm. The income generated by the Electronic Materials business was KRW 570.5 billion, compared to KRW 98.7 billion from last year and KRW 13.5 billion from the previous quarter, an increase of around 14.7% and 2.4%, respectively.
Stellantis and Samsung SDI collaborates for the second battery plant in US
To KRW 62.1 billion in Q2 2023, the operating profit fell by 66%, but the rise of EV sales is anticipated to recover Samsung SDI in Q4 2023. In order to fulfill the demand for vehicle batteries going into the second half, the vehicle and ESS battery businesses intend to engage aggressively. Over 50% of the company’s total prismatic battery sales for electromotive vehicles are projected to be made up of P5.
Samsung Galaxy Foldable to become a mainstay in the mobile market
Yoon-ho Choi, President and CEO of Samsung SDI, stated that Samsung SDI will continue to secure ‘super-gap’ technological competitiveness, such as solid-state batteries and 46-phi cylindrical batteries, in order to drive our continued growth. We will anchor on ESG management as our future business edge to rise as a global leader in the market.”
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.
Firmware
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.
Firmware
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.