Posts Tagged ‘Samsung Electronic’

It sure seems like Samsung is clearly annoyed by the fact that rival Apple is getting all the credit for rolling out a gold smartphone.

The electronics company took to its blog to argue that it was first with a gold phone and that it wasn’t following Apple’s move. Since Apple rolled out the gold version of the iPhone 5s Sept. 10, it has been hugely popular and sold out at many stores as soon as it was released.

Samsung said it launched the gold version of its flagship smartphone in the United Arab Emirates back on Aug. 27. It started selling the devices in stores on Sept. 8 and later took the device to Kuwait and Qatar too.

“On 8th September 2013, the first Samsung #GalaxyS4 Gold Edition was already available in stores. The 8th comes before the 10th,” Samsung said on a caption for a picture posted on Facebook on Sept. 26, referencing the iPhone 5s announcement date.

To further drive the point that Samsung is not an Apple copycat, the company lists eight other gold cell phones it has released since 2004.

“See below to check out some of the phones we’ve released in gold in the past (just off the top of my head),” Samsung said on its blog.It’s doubtful Apple will get in on this who-was-first fight, but we’ve reached out to the Cupertino, Calif., tech company just in case.

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Panasonic will pull out of the smartphone market in Japan and pare its smartphone operations to outsourced production in emerging markets like India, the company’s president said.

The Japanese electronics company, which has suffered $15 billion in losses over its latest two financial years, is staking its turnaround on a transformation from a consumer gadget maker to a supplier for other businesses.

The architect of this turnaround plan, Panasonic President Kazuhiro Tsuga, has warned he would weed out any division that fails to meet a 5 percent operating margin goal within three years.

Tsuga told Reuters in an interview that the company’s mobile division was likely to lose more than the 1.1 billion yen ($11.02 million) targeted loss for the financial year ending next March. Panasonic’s mobile division posted an 8.1 billion yen loss last year.

“It’s not acceptable for the company to be bleeding red ink like this, so we have to think about ways to develop assets that we do have in a more effective direction,” Tsuga said.

While the company is stepping back from the consumer smartphone market, it has said it is developing smartphones for business use that would be similar to its popular “Toughbook” notebook PC series.

Panasonic is one of several handset makers caught out by the meteoric rise of the two dominant smartphone makers – Apple Inc and Samsung Electronic – which have upended the traditional hierarchy of mobile players.

Microsoft this week agreed to buy Nokia’s phone business, which once dominated the global market but has slipped drastically in recent years.

Japanese consumers, once partial to highly customized feature phones made by Panasonic, NEC and Fujitsu, have since moved in large numbers to Apple’s popular iPhones and Samsung’s Galaxy series.

In 2001, Panasonic was the second-largest handset maker in Japan, after NEC, with more than 19% of the market. Last year, it barely had a 7% share, far behind Apple’s 25 percent lead.

Tsuga said Panasonic did not need to manufacture and sell its own smartphones under a vertically integrated business model, but will instead use the company’s brand to sell phones made by other manufacturers as it does already in India.

The knockout blow to its business came when NTT DoCoMo, Japan’s biggest mobile carrier and a loyal distributor for Japanese-made handsets, announced it would promote only Sony’s flagship Xperia smartphone and the Samsung Galaxy during its summer campaign. NEC announced in July that it would pull out of smartphones after discussions to sell its handset business to Lenovo Group fell through, sources familiar with the matter said.