Samsung Galaxy C7 Pro likely to be launched in India today

The Korean tech giant posted its earnings estimate for the first quarter of this year, with sales amounting to 50 trillion won, or roughly 44 billion USA dollars.

Samsung Electronics forecast its best quarterly profit in more than three years in the January-March period, beating expectations and putting it on track for record annual earnings on the back of a memory-chip super-cycle.

In this March 24, 2017 photo, a man walks past near a logo of Samsung Electronics in Seoul, South Korea. Revenue rose 0.4 percent to 50 trillion won ($44.1 billion). Many thought the company would post some financial losses due to the Galaxy Note 7 battery debacle, but other divisions within the company seem to have performed better than expected.

Samsung has released its Q1 2017 estimates a week after unveiling its 2017 flagship smartphones i.e. the Galaxy S8 and Galaxy S8+ at its "Unpacked" event in NY. The company had solid sales of its budget model mobile phones, such as the Galaxy J series.

Fresno rampage suspect details each day of killing spree to police
Muhammad also shot Mark Gassett, 37 , of Fresno, who had just picked up groceries at a Catholic Charities building. They scattered, and Muhammad picked the one who was older and appeared heavier: David Jackson, 58, of Fresno.

Following issues with the Note 7, the Korean company suffered its worst decline in smartphone sales, according to tech research firm Gartner.

The global recall of Samsung Galaxy Note 7 actually hammered Samsung with a loss of about $17 billion.

Samsung, which last week unveiled its new flagship smartphone, the Galaxy S8, was helped by strong sales of memory chips. Samsung was forced to recall it late past year after reports of the device overheating and exploding.

Samsung Group's de facto leader appeared in court on Friday after his arrest seven weeks ago on charges including bribery, embezzlement, perjury, diverting assets overseas and concealing gains from a criminal act. Samsung gave or promised to give 43.3 billion won ($38 million) to four entities controlled by Park's friend Choi Soon-sil, who has been charged with misuse of power and meddling in state affairs.

Related News:

  • After Taimur's birth, another happiness awaits Saif Ali Khan's family

    After Taimur's birth, another happiness awaits Saif Ali Khan's family

    Past year in April, rumours were making the rounds that Soha and Kunal are heading for a divorce. All family members of Kunal and Soha are elated over the news and are in a celebratory mood.

    Strong fourth quarters alone can't save the Indiana Pacers

    The comeback from a 25-point halftime deficit was the largest such comeback in National Basketball Association postseason history. Raptors guard DeMar DeRozan suffered against the Grizzlies going 0-for-8 from the floor, with only two rebounds and no assists.
    United issues new policy after plane incident

    United issues new policy after plane incident

    The video has been viewed millions of times worldwide, and caused a global uproar and grabbed headlines in multiple countries. United CEO Oscar Munoz keeps apologizing , but the cell phone videos of Dao's removal - he is 69, by the way - keep playing.
  • March for Science to take place this weekend

    March for Science to take place this weekend

    Hopefully, seeing a flood of support for research and facts will inspire other scientists to make their voices heard. But the marchers and the activists who organized them will soon have to address what follows the demonstrations.

    Yesterday's Attention Gainers SunTrust Banks, Inc. (NYSE:STI), Synchrony Financial (NYSE:SYF)

    Finally, Ancora Advisors LLC acquired a new stake in shares of SunTrust Banks during the fourth quarter worth about $138,000. With 3.46M avg volume, 3 days are for Suntrust Banks Incorporated (NYSE:STI)'s short sellers to cover STI's short positions.
    'Dreamer' Returned To Mexico Despite Trump Promise

    'Dreamer' Returned To Mexico Despite Trump Promise

    Trump claimed Curiel could not impartially hear the case because of his background and Trump's hardline immigration policies. Montes was reportedly deported to Mexico hours later, after agents told him he could not retrieve his documents.
  • GB out of Davis Cup after doubles loss

    GB out of Davis Cup after doubles loss

    Heading into the TB, a double-fault handed Edmund the advantage but from 5-2 his foundations were rocked as he was broken twice. Jeremy Chardy faces Dan Evans, playing on clay for the first time in three years, in the second singles rubber later Friday.

    Trump slams Canada as 'disgrace' on dairy policy

    Dairy Export Council, the International Dairy Foods Association and the National Association of State Departments of Agriculture. All U.S. dairy exports to Canada in 2016 totaled $631.6 million, a 14 percent increase from 2015, according to the U.S.
    NBA fines Memphis Grizzlies coach David Fizdale for criticism of officials

    NBA fines Memphis Grizzlies coach David Fizdale for criticism of officials

    In the two games of this series , Kawhi is averaging 34.5 points, 7 rebounds, and 3.5 assists per game. The reason the Grizzlies can't break 82 in this series is because of the abysmal bench play so far.
  • Mets activate closer Familia after 15-game suspension

    Mets activate closer Familia after 15-game suspension

    Hours later, he was on the mound Thursday night, pitching in a major-league game for the first time since past year . Collins summoned last season's Major League Baseball saves leader for the ninth Thursday.

    Tennessee student who disappeared with teacher found safe in California

    Cummins' wife, Jill files for divorce, alleging irreconcilable differences have arisen and exist between her and her husband. The pair disappeared on March 13 from Maury County, Tennessee, and were the subject of an ongoing AMBER Alert.

    May wins Parliament vote to hold snap elections on June 8

    Scottish First Minister Nicola Sturgeon described the election call as "a huge political miscalculation by the Prime Minister". Media captionJeremy Corbyn says Theresa May "is refusing to defend her record in TV debates and it's not hard to see why".


Most liked

Zoe Saldana Claims Starring in Sci-Fi Films Made Her Color Blind
In that same interview, however, Saldana affirmed she does consider herself Black and added she never wanted to be questioned about it.

EU in focus as French presidential candidates face off
Conservative candidate Fillon and far-left firebrand Jean-Luc Melenchon have closed the gap substantially in the last two weeks. He said Obama expressed his deep attachment to France and the importance of the relationship between the two countries.

Iowa may absorb $3M cost of cutting Planned Parenthood funds
President Donald Trump signed legislation on April 13 aimed at cutting off federal funding to Planned Parenthood. Now states can prevent abortion providers from receiving any of the money if they so choose.

Numis Securities Ltd Upgrades Clinigen Group PLC (CLIN) to "Buy"
Great Lakes Advsrs Limited Liability Corporation holds 0.19% of its portfolio in Lindsay Corporation (NYSE:LNN) for 99,371 shares. Shares for $1,063 were sold by BOWER JOSEPH L. $132,352 worth of stock was sold by TISCH JAMES S on Tuesday, December 13.

Ontario to tax non-resident foreign housing buyers 15%
Most of the actions aimed at increasing the supply of homes are centered around the development of new rental apartment buildings. A spokeswoman for Premier Kathleen Wynne said Tuesday a tax on non-resident speculators is one of the measures being considered.

Jets Draft Rumors: Team Talking Trade Down With Cleveland?
If the Browns leapfrog the competition to get Trubisky, they may send other teams interested in Trubisky into a scramble. The Browns were 31 of 32 franchises a year ago in total defense, so I think Garrett would also be a good fit.

Corbyn's Labour faces 'decade' in wilderness, says Nun
The Party has been facing the hard task of securing votes from those who did not vote for Brexit in last year's referendum. She had also backed the Remain camp in the June 23 referendum, but kept a low profile throughout a polarising campaign.

Attacker shoots 2 officers in Paris' Champs-Elysees district
This situation is unfolding only a few blocks away from the Elysée Palace - the official residence of the French president. The group identified the attacker as one of its soldiers naming him as Abu Yousif - the Belgian.

Valeant prices psoriasis med SILIQ at $3500/month
Also, Director Pershing Square Capital Manage sold 3,476,690 shares of the firm's stock in a transaction on Monday, December 12th. Janney Montgomery Scott Limited Liability has invested 0% of its portfolio in Valeant Pharmaceuticals Intl Inc (NYSE:VRX).

Samsung's Galaxy S8 facial recognition feature can be fooled with a photo
Their predecessors hold more market share, have generally been more innovative and have a huge following to boot. According to research company IHS, shipments of the S7 and S7 Edge will reach about 48 million units this year.

Ottawa Senators level-headed as 4th battle with Bruins approaches
Ottawa seemed to be cruising in the second period following Hoffman's second goal of the night off a power play to make it 3-0. Instead, the Bruins have had a hard time because more than half of their defense has been crippled by the injury bug.

Who is on The Graham Norton Show this week?
Reports he was working as an estate agent, eating dog and using sheep's placenta as a moisturiser were all dismissed. However, when host Graham asked Harry if he is about to play Mick in the biopic, all he would do is smile knowingly.

Mitchell Trubisky: Brugler: Don't count Bears out for early QB
If the Bills trade up for a QB, that would be a pretty strong message to Taylor that they do not have total confidence in him. Given that Floyd looks be on his way to evolving into a franchise pass rusher for Chicago, I'd say that initiative paid off.

Gunfire sensors credited with quick arrest in Fresno rampage
It says she barricaded herself in the motel room after Kori Ali Muhammad gunned him down, forcing police to break down the door. Muhammad fired at Williams because he said the security guard disrespected him, Dyer said. "And that's what he set out to do".

League Betting Preview: Finals Week 1 Odds, Trends, Analysis
They eventually equalised in the 55th minute after Jamie Maclaren found himself in the ideal position to tap home the goal. Jamie Maclaren (obscured) is congratulated by Brisbane Roar teammates after scoring a second-half goal to tie the game.