Samsung Electronics Co. said Monday it is delaying sales of its first Tizen-powered smartphone in the latest setback to the company’s ambition to create a mobile platform to rival Google’s Android or Apple’s iOS.
Samsung Electronics Co. said operating profit declined to a two-year low in the second quarter, hit by the strong local currency and slowing demand for smartphones in China.
The display manufacturing unit of Samsung Electronics Co. says it has secured approval from Vietnam to build a $1 billion factory in the Southeast Asian country.
Samsung says an external audit has found labor violations at dozens of its suppliers in China including failure to provide safety gear and excessive working hours.
Samsung announced Monday the launch of a new smartphone based on its own operating system, in a step towards independence from the Google Android platform that dominates its popular handsets.