Kim Hyun-joong, a fund manager at Midas Asset Management, said, “In the handset division, Samsung has no real rival models to challenge its products except for the iPhone 4S. Apple and Samsung will continue to dominate the market in the fourth quarter.”  Midas Asset Management owns Samsung shares.

Shipments of smartphones increased 44% from the previous quarter to 27.8 million units, nearly four times the amount shipped a year ago   The profits from the company’s telecoms division more than doubled from a year ago to 2.5 trillion won ($2.2 billion) and accounted for around 60% of Samsung’s total profit.  The increase in profits offset a plunge in earnings from its memory chips division.

Apple sold fewer phones in the third quarter, missing expectations for the first time in a year.  Apple’s iPhone sales decreased by 16% to 17.1 million units in the third quarter, as customers resisted purchasing iPhones until the October launch of the newest version of the device.  Samsung captured 23.8% of the global smartphone market in the third quarter, beating Apple by 9 points.

Samsung said its fourth-quarter earnings could be more impressive than the third, heightened by one-time gains from a $1.4 billion sale of the company’s hard disk drive division to Seagate Technology.  The company released an earnings statement stating, “Looking ahead into the fourth quarter, when industry demand is traditionally at its peak, Samsung expects sales of mobile devices to remain strong and flat-panel TV shipments to increase.”

Samsung Is World’s Leading Smartphone Maker (LON: SMSN) is a post from: Localized USA: Your Local News Source

IBM, the biggest computer services provider in the world, expects to spend $3.6 billion in developing the technology and will work with Intel, Taiwan Semiconductor Manufacturing, Globalfoundries, and Samsung Electronics to transform 300-millimeter wafer technology into 450-millimeter wafer technology to produce twice the number of chips.  John Kelly, senior vice president and director of research at IBM, said at a press conference, “This is really all about the computing systems IBM and others will construct using advanced technologies.  This will create computers that will help doctors diagnose advanced diseases.”

The investment is expected to create and/or retain nearly 7,000 jobs in the state of New York.  To support the project, New York will invest $400 million in the State University of New York College of Nanoscale Science and Engineering, located in Albany, NY.  Research and development facilities located in Utica, East Fishkill, Canandaigua, and Yorktown Heights also will receive funding.  Intel separately agreed to establish an East Coast Headquarters to support the overall project management in Albany.  New York Governor Andrew Cuomo said in a statement about the deal, “This unprecedented investment in New York’s economy will create thousands of jobs and make the state the epicenter for the next generation of computer chip technology.”

The new partnership, called the Global 450 Consortium, further cements the state’s prominence in research on nanotechnology and computer chips.  Construction has commenced on a 250,000-square-foot building known as NanoFab West, where high-end computer chip manufacturing research and development will take place, focusing on the industry’s transition to making chips on 450-millimeter silicon wafers and the use of extreme ultraviolet lithography to make smaller chip components.

Chip Venture Worth $4.4 Billion Created By IBM And Intel (NYSE: IBM) (NASDAQ: INTC) is a post from: Localized USA: Your Local News Source

A court in Dusseldorf, Germany ordered the electronics manufacturer to cease sales and marketing of the tablet computer when the trade show began in Berlin.  The action follows an earlier injunction on the sale of the Galaxy Tab 10.1 in Germany that was filed in August by the court to be in effect until the court’s final ruling in September.  The Galaxy Tab 7.7, Samsung’s latest offering in its Galaxy line of products, was being promoted at the show alongside the Galaxy Note, a 5.3 inch product intended to fill the gap between tablet computers and smartphones as an entirely new product category.

The Galaxy Tab 7.7 is the first to use a 7.7 inch super-bright AMOLED (active matrix organic light emitting diode) screen and the tablet is powered by a dual 1.4 GHz processor.  The resolution is sharp at 1280 by 800 pixels making it one of the highest resolution displays for a tablet computer on the market.

Apple has been furiously attacking Samsung in the courts over tablet and smartphone patents in a bid to rein in the growth of Android phones.  Samsung, based in South Korea, is the biggest vendor of smartphones and tablets that use Google’s Android software.  Apple’s complaints include claims that Samsung has infringed on Apple’s patents and that Samsung has copied the designs and styles of Apple’s products.  Samsung has countered that Apple has infringed on its wireless patents.

Court battles are currently being fought in Australia, Europe, South Korea, and the United States over the matter.  The patent battle has forced the delay of Samsung’s tablet sales in Australia twice.

Apple Manages To Block Another iPad Competitor is a post from: Localized USA: Your Local News Source