Samsung
Samsung reveals Q3 results, forecasts roaring Galaxy device sales in 2024
Samsung today revealed Q3 2023 operating profit and sales results. At the same time, Samsung forecasts roaring Galaxy devices (smartphone, tablet, and smartwatch) sales in 2024. The company’s revenue for Q3 dropped by 12% to 67.4 trillion won ($50 billion).
According to the info, in Q3 2023, Samsung was able to reduce its losses in memory chips by 14 percent to 3.75 trillion won from 4.36 trillion won as it focused on cutting-edge DRAM chips supporting AI and cut production of older chips.
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Due to weak consumer demand smartphone and PC manufacturers have grappled and have decided to draw down chip inventories instead of spending to replenish their holdings. However, Samsung sees better times ahead for memory chips and said:
“PC and mobile demand is likely to benefit from the arrival of some replacement cycles for products.”
More insights:
- Total consolidated revenue was KRW 67.40 trillion, a 12% increase from the previous quarter, mainly due to new smartphone releases and higher sales of premium display products.
- Operating profit rose sequentially to KRW 2.43 trillion based on strong sales of flagship models in mobile and strong demand for displays, as losses at the Device Solutions (DS) Division narrowed.
- The Device eXperience (DX) Division achieved solid results due to robust sales of premium smartphones and TVs. Revenue at the Networks Business declined in major overseas markets as mobile operators scaled back investments.
Samsung Galaxy Z Flip 4 and Galaxy Z Fold 4 users are getting One UI 6.1.1 update in Europe. This update is already rolled out for users of these devices in Korea and the company is regularly working to make it available for all models.
One UI 6.1.1 update brings several new features and improvements over the previous version to make your Galaxy phones more smarter. Users of the Samsung Galaxy Z Fold 4 and Galaxy Z Flip 4 are getting One UI 6.1.1 update in Europe with version F936BXXU8GXH9 and F721BXXU8GXH9 respectively.
One UI 6.1.1 Features
One UI 6.1.1 update adds exciting new features to improve your smartphone experience. It introduces Galaxy AI’s Sketch Conversion, which turns simple drawings into artwork in apps like Samsung Notes.
It also enhances photos with AI-generated style portraits and adds text auto-completion to the Samsung Keyboard for easier typing. You can now translate calls in real-time on apps like Google Meet and WhatsApp, and translate text in images with Samsung Internet.
Listening Mode helps translate languages during lectures. The update lets you record voice and convert it to text, manage PDFs better, and set wallpapers that change with the weather and time. It includes the September 2024 security patch and updates several Samsung apps.
Users can check new software updates manually with a handful of simple steps. Firstly, visit your Galaxy device’s “System Settings,” once done, scroll down and tap the “Software update” tab, followed by the “Download and install” button.
Galaxy Z Flip 4, Fold 4 getting One UI 6.1.1 with advanced AI features
After Korea, Samsung is releasing One UI 6.1.1 update for Galaxy S22 series phones in Europe. The fresh update brings new AI features and improvements to provide a next-level experience and smoother performance.
One UI 6.1.1 update for the Samsung Galaxy S22 series arrives with several enhancements and features. It lets you convert your drawings to artwork, improve photo styles, and use text auto-completion on the Samsung Keyboard.
Moreover, it supports real-time translation for calls and text in images, voice-to-text conversion, better PDF management, and dynamic wallpapers. For security enhancements, it installs the September 2024 security patch.
Users of the Samsung Galaxy S22 series can verify the One UI 6.1.1 update in Europe through One UI build versions given below.
- S901BXXUBEXH7 – Galaxy S22
- S906BXXUBEXH7 – Galaxy S22 Plus
- S908BXXUBEXH7 – Galaxy S22 Ultra
The installation package size of this update is around 2.7GB. At the moment, the update is available in limited countries and the company will roll it out in more countries soon.
Till then, if you have received the notification of the update then install it now to get a better experience. You can also check the update by visiting the Settings app on your smartphone and opening the Software Update section.
Now, click on the Download and install option. If any update is available, you can follow the on-screen instructions to install the update on your Galaxy smartphone.
Get Ready: 5 Samsung flagships to get One UI 6.1.1 update in Canada next week
Samsung is getting ready to roll out the One UI 7 beta for Galaxy flagships. A new update of the Samsung Members app hints that the One UI 7 Beta release is just around the corner.
The Korean tech giant has released a fresh update for the Samsung Members app with version 5.1.00.11. This app is essential for Galaxy users who want to sign up for the beta program to enjoy upcoming features ahead of the official release.
Samsung Members app 5.1.00.11 update is currently available for download on the Galaxy Store with a 39.30MB package size. It is gradually rolling out for users of Galaxy devices in India, South Korea, and the US.
However, Samsung hasn’t provided details in the changelog, but this Members app update looks like a sign that the One UI 7 beta program is about to start.
Samsung had initially planned to release the One UI 7 beta in late July 2024, but the company decided to delay it to fix some bugs and improve the software. Now, that the Samsung Members app has been updated, which indicates that Samsung is finally ready to start the beta testing phase.
The Samsung Members app is essential for joining the One UI Beta Program. Users are excited to try the new features and improvements that One UI 7 will offer. To get ready, they should make sure their Samsung Members app is up to date. Stay tuned with us for more information.