Latest news with #SamsungElectronics
BusinessToday
12 hours ago
- Business
- BusinessToday
KOSPI Retreats On Profit-Taking After Strong Rally
South Korea's benchmark KOSPI Index ended lower on June 27, slipping 0.77% to close at 3,055.94, as investors opted to take profits following a robust June rally that had pushed the index above 3,100 earlier in the week. This marks the second consecutive session of losses, driven largely by broad-based selling in battery, auto and tech sectors. Foreign investors were net sellers, offloading around 855.4 billion won worth of shares, while institutional and retail investors absorbed some of the pressure with net combined purchases of approximately 805 billion won. Despite the pullback, the KOSPI remains up around 15% for the month, bolstered by easing geopolitical tensions and increased institutional inflows that had earlier sent the index to its highest levels in over three years. Battery and automotive stocks led the decline, with LG Energy Solution falling nearly 3% and Hyundai Motor dropping 2.15%, as investors locked in gains. In tech, Samsung Electronics edged up 1%, but SK hynix lost 3.07%, reflecting mixed sentiment in the semiconductor space. Internet giant Naver dipped 1.3%, while SK Innovation slid 2.5% amid broader weakness in energy shares. The recent decline is widely viewed as a natural correction after June's sharp gains. Markets are also awaiting global signals, particularly from the US Federal Reserve, whose next policy steps could influence foreign capital flows into emerging markets like South Korea. At home, recent economic data, including a 0.6% rise in the Leading Economic Index for April, suggest a gradual improvement in macro conditions. Outlook: With the KOSPI still comfortably above the key psychological level of 3,000, analysts believe the index may consolidate in the near term as traders assess global economic cues and domestic earnings updates. Volatility may persist ahead of key data releases and geopolitical developments, but underlying investor appetite remains firm. Related
Phone Arena
18 hours ago
- Phone Arena
Samsung's next smart alert might change how you track packages
Samsung may be planning to expand its Now Brief feature with new delivery-related alerts. According to an APK teardown of the Samsung Messages app (version 16.1.10.7), there are signs that the app could soon notify users when they receive messages about package deliveries. Now Brief first appeared with One UI 7 and has slowly gained more functions. Just recently, it was reported that Samsung is working on adding alerts for parking locations, smart home updates, and battery warnings for connected wearables. Now, delivery message notifications could be the next feature in line. The latest findings come from strings of code found inside the Samsung Messages app. One line reads, "You got webp%2$d messages today about a delivery%3$s," while another references, "%d unread messages, including 1 package delivery message." These messages suggest that Now Brief will not only surface package-related updates but also count how many such messages were received that day. This could be helpful for people who want to stay on top of deliveries without constantly checking their apps or emails. Whether it's a new gadget or a personal order, being alerted directly through Now Brief could make the process more convenient. Shortcut to Now Brief on the Samsung Galaxy S25 Edge home screen . | Image credit — PhoneArena However, it's worth noting that these findings are based on an APK teardown, which looks at unreleased code hidden inside an app. These features are often experimental and may never make it to a public release. This possible update also comes after Samsung previously said its Messages app would eventually be shut down. Despite that, new features continue to show up. Some of the other features being worked on include birthday reminders, live location sharing, emoji and sticker reactions, and alerts from the Now Bar about suspicious or blocked messages. If Samsung moves forward with these updates, Now Brief could become a more useful daily tool. It has already shifted from just showing calendar and weather info to offering a wider range of smart alerts. We'll have to wait and see whether delivery alerts will be included in a future update. But the continued development around Now Brief and the Messages app suggests Samsung is still looking for ways to improve its software experience, even if some of these tools stay behind the scenes for now. Secure your connection now at a bargain price! We may earn a commission if you make a purchase Check Out The Offer
Phone Arena
a day ago
- Phone Arena
With these display upgrades, Galaxy Z Flip 7 is the ultimate Samsung clamshell
The Samsung Galaxy Z Flip 7 will be unveiled next month, and become available for purchase in August. Much like the Galaxy Z Fold 7, Samsung has drastically improved the design of its clamshell foldable phone, and it's basically as good as it gets for now. A new leak ( translated source ) adds on to previous reports about the phone's display upgrades over the Galaxy Z Flip 6. The exterior screen is going up from 3.5 inches to four inches, while the main display is going from 6.7 inches to 6.9 inches. When unfolded, the Flip 7 will be just as large as most flagship smartphones nowadays. Furthermore, corroborating the recent leaked Flip 7 renders, the outer display will have more screen real estate, as the camera cutout has been removed. That design will now be seen on the Galaxy Z Flip 7 FE, Samsung's budget foldable that is also going to be announced next month. The FE will become available for purchase in August as well. Leaked Galaxy Z Flip 7 render. | Image credit — Evan Blass Lastly, the report claims that the bezels of the main display have been further narrowed down. The Flip 7 is basically as good as clamshell foldable smartphones can get, except for the battery, of course. In classic Samsung fashion, the battery is expected to be pretty small compared to the competition, and the charging speeds will be slow as well. Speaking of the competition, the Flip 7 reminds me of the Xiaomi Mix Flip. That phone is almost as large as the Flip 7 , and doesn't have a large camera cutout either. Its bezels are pretty narrow as well, and its battery is bigger too. The Mix Flip is also powered by a Snapdragon processor. Samsung will be using the Exynos 2500 for the Flip 7 , while the upcoming Mix Flip 2 will use the Snapdragon 8 the Flip 7 , all Samsung needs to do now is improve its battery capacity and charging speeds. If long-term software support or One UI aren't that important to you, then the Mix Flip 2 is probably a much better choice. But the Flip 7 will definitely give Xiaomi a run for its money. Secure your connection now at a bargain price! We may earn a commission if you make a purchase Check Out The Offer
Business Recorder
a day ago
- Business
- Business Recorder
South Korean shares fall on profit-taking but post fifth weekly gain
SEOUL: Round-up of South Korean financial markets: South Korean shares extended declines for a second session on Friday on profit-booking following a recent rally on post-election policy hopes, but still posted a fifth straight weekly gain. The benchmark KOSPI closed down 23.62 points, or 0.77%, at 3,055.94. For the week, the KOSPI rose 1.1%. It has gained 13.3% so far this month. 'The market fell broadly on profit taking as current stock prices are not cheap in terms of valuation,' said Seo Sang-young, an analyst at Mirae Asset Securities. South Korea's exports likely rebounded in June on the back of strong technology demand, following a decline in May, a Reuters poll showed, though economists remain wary amid uncertainty over U.S. tariff policy. Among index heavyweights, chipmaker Samsung Electronics rose 1.00%, while peer SK Hynix lost 3.07%. Battery maker LG Energy Solution slid 3.03%. Hyundai Motor and sister automaker Kia Corp were down 2.15% and down 1.41%, respectively. Steelmaker POSCO Holdings shed 2.80%, while drugmaker Samsung BioLogics fell 0.30%. South Korean shares decline on profit booking Of the total 935 traded issues, 247 shares advanced, while 661 declined. Foreigners were net sellers of shares worth 855.4 billion won ($630.61 million). The won was quoted at 1,357.4 per dollar on the onshore settlement platform, 0.33% lower than its previous close at 1,352.9. In money and debt markets, September futures on three-year treasury bonds were unchanged at 107.24. The most liquid three-year Korean treasury bond yield rose 0.2 basis point to 2.459%, while the benchmark 10-year yield fell 1.5 bps to 2.786%.
Time of India
a day ago
- Business
- Time of India
Hindustan Power Exchange appoints Amit Ghai as CFO
Hindustan Power Exchange (HPX) has appointed Amit Ghai as its new Chief Financial Officer (CFO). Ghai brings with him a rich and diverse background in financial leadership , having worked across sectors including renewable energy , consumer durables, and pharmaceuticals. Prior to joining HPX, Ghai served as CFO at a listed renewable energy company, where he played a pivotal role in enhancing financial performance, driving strategic growth initiatives, and strengthening corporate governance . His earlier stints include leadership roles at leading global organizations such as Samsung Electronics, Sony, and Ranbaxy. A Chartered Accountant by qualification, Ghai holds deep expertise across key finance domains—ranging from treasury management and financial planning & analysis (FP&A) to business finance, internal controls, compliance, risk management, and corporate governance. His appointment is seen as a strategic step toward reinforcing HPX's financial infrastructure as the company scales its operations in the evolving Indian power market. In a statement on LinkedIn, HPX said, 'We are pleased to welcome Amit Ghai as our new Chief Financial Officer. His strategic mindset, business acumen, and values-driven leadership will further strengthen our financial foundation and support our long-term vision.' The appointment is aligned with HPX's continued efforts to build a robust, transparent, and efficient electricity market, underpinned by strong financial stewardship and sustainable growth practices.
