AT&T offers its first smartwatches that share your phone number

If you've wanted a smartwatch that could take its own calls without having to use a separate phone number, relief is in sight… as long as you're willing to subscribe to AT&T, anyway. The carrier has revealed that it will start taking orders…

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Samsung’s Gear S2 smartwatch with 3G will cost you $50 more

If you've been itchin' to get your hands on the cellular version of Samsung's Tizen smartwatch and its fancy rotating bezel, you'll soon be in luck. Both T-Mobile and Verizon announced pricing and availability for the Gear S2 with 3G today. On T-Mo…

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Samsung keeps Tizen smartphone dreams alive with the Z3

Tizen leads something of a quiet life. The open-source OS championed by Samsung has received extra attention of late, being the platform of choice for the company's sleek, new Gear S2 smartwatch. Tizen was originally expected to be a much bigger de…

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ITC finds that Samsung and Qualcomm didn’t violate NVIDIA patents

NVIDIA's first patent lawsuit campaign isn't exactly going according to plan. The US International Trade Commission has ruled that Samsung and Qualcomm aren't infringing on NVIDIA's graphics patents. The judge rejected two of the patent claims ou…

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Hulu’s virtual reality app will launch alongside Gear VR in November

Oculus and Samsung's first fully-fledged virtual reality product, the Gear VR, is set to launch in November for $99. A host of apps have been announced to work with the new hardware, and now we have confirmation that Hulu's VR app will be ready to…

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iPhone 6s battery life may vary slightly depending who made the processor

A few days ago, it was revealed that the A9 chip in Apple's new iPhone 6s is manufactured by two different companies, Samsung and Taiwan Semiconductor Manufacturing Co (TSMC). More notably, reports started circulating that the battery life in the S…

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Barnes & Noble Releases A New Nook-Branded Samsung Tablet

samsung-galaxy-tab-e-nook Alas, poor Nook! I knew him, Reader: a tablet of infinite jest, of most excellent fancy: it hath borne me into the library a thousand times; and now, how abhorred in my imagination it is! my gorge rims at it. The Nook as we knew it is now a rebadged Samsung tablet and the latest in the family is the Samsung Galaxy Tab E Nook 9.6″ Tablet, a device that features a standard Android… Read More

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Samsung Estimates First Profit Growth in Two Years Thanks to Sales of Chips, Not Hardware

Samsung-Galaxy-S6-Edge-PlusSamsung this morning announced its forecast predictions for the company’s third quarter, suggesting an overall year-over-year profit growth of 79.8 percent, which would be its first since 2013.

The company didn’t provide specifics regarding where the profit came from, but analysts speaking with The Wall Street Journal attributed it to the “robust sales” of various chips and displays used in smartphones and other devices throughout the year. Specifically, those analysts believed Samsung’s earnings this year are being fueled by the chip sales “due to tight supply and firm pricing.”

Overall, the company’s chip unit will likely account for nearly half of its total profit in the third quarter of 2015, with the addition of display sales bolstering the rest of its foreseeable monetary gains.

The South Korean technology company said Wednesday its operating profit for the three months ended Sept. 30 likely rose 79.8% to about 7.3 trillion Korean won (US$6.3 billion), its first year-over-year growth since the third quarter of 2013 when the company posted a 26% increase. Revenue likely rose about 7.5% to 51 trillion won.

Analysts were expecting Samsung to post an operating profit of 6.5 trillion won on revenue of 50.5 trillion won, based on a poll of nine analysts.

Most recently, Samsung announced the newest iterations of its smartphone lineup, the Samsung Galaxy Note5 and the Samsung Galaxy S6 Edge+, whose 5.7-inch displays make them slightly larger than Apple’s iPhone 6s Plus and are marketed as a direct competitor to the Cupertino company’s large-screened device. Announced and launched in August — alongside services like Samsung Pay and the new Gear S2 Smartwatch — the new smartphones were pegged as an early competitor for Apple’s iPhone 6s and iPhone 6s Plus.

But, if the analysts’ predictions today are correct, Samsung saw most of its profits from its contribution to chip production within Apple’s own smartphone line-up. When initially discovered a few days after the launch of the iPhone 6s and iPhone 6s Plus, the split of A9 chips between Samsung and TSMC met a small wave of controversy, with one iOS developer going so far as to calculate the percentage split between the two manufacturers. Even though the 60/40 percentage was in favor of TSMC, it appears Samsung’s chip manufacturing for the 6s and 6s Plus was enough to help in some way boost its overall quarterly growth.

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