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Samsung’s Semiconductor Business Expected to Post Biggest Losses in Q3
Samsung is undoubtedly a top manufacturer and profit-maker in terms of smartphones and smart TVs, thanks to its creative design and extraordinary features. This year seems to be great for the South Korean giant in both its partnership and standalone projects. By supplying OLED panels for the iPhone 15 series, it’s quite a great move from Samsung to join hands with Apple for profit, as Samsung Display is the sole iPhone 15 panel provider. Samsung MX is also said to have a great market this year with their Galaxy Z Fold 5 and Galaxy Z Flip 5, as they have highly anticipated features like the water drop hinge.
Despite its success in gadgets, the firm suffers difficulty in its semiconductor division and strives to overcome it with a decent profit. Samsung Electronics is all set to release preliminary profit data for the third quarter, and industry analysts are keeping a tight eye on the statistics. However, due to an ongoing struggle with a global chip glut, the corporation is expected to post a startling 80% drop compared to the previous year. LSEG surveyed analysts’ claims that operational profit for the September quarter would be 2.3 trillion Korean won ($1.7 billion), a 78.7% year-on-year decrease.
One UI 6.0 Beta Update for Android 14 Rolling Out to Select Samsung Galaxy Devices
LSEG consensus projections state revenue will be 67.8 trillion won, a drop of 11.6%. As per CNBC, these data imply a 78.7% decrease in operational profit and an 11.6% decrease in sales. Samsung Semiconductor is expected to lose more than 3 trillion won ($2.2 billion) in the current quarter. If it turns out to be accurate, this will be the worst loss for Samsung in Q3. For the July–September quarter, economists predicted an operating profit of around 2.1 trillion won ($1.56 billion).
These forecasts are based on data from 19 analysts who are well known for their accuracy. It is important to note that Samsung made an operational profit of 10.85 trillion won over the same time the previous year. The main cause of this turnaround is the company’s semiconductor segment, which has previously been their financial core. Now it is anticipated to disclose quarterly losses ranging from 3 trillion to 4 trillion won. However, the firm will see quarter-on-quarter growth in Q3 2023 through its recently launched smartphones.
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.