Samsung SCH-M470: Welcome the first HSUPA-enabled Mobile Phone

Samsung Electronic is back in news with its latest SCH-M470 HSUPA enabled phone being unveiled in Korea. HSUPA stands for High-Speed Uplink Packet Access which promises an upload speed of 2mbps.

The Samsung SCH-M470 brings the HSUPA technology especially to cater to the masses who frequent the internet often on their mobile phones and to top it all, the usage of internet on phones has seen a vast increase. Thus to catch up with the growing need of mobile internet buffs, the Samsung SCH-M470 brings in a pleasant surprise.

Apart from Samsung SCH-M470’s HSUPA technology, the phone clicks away with a neat 2.0 MP camera, latches on to the WiFi network easily and transfers the files with ease using Bluetooth connectivity. The phone also provides Push email support and Google search facility.

The Samsung SCH-M470’s upload speeds are 5-times faster as compared to that of a WCDMA network. SKT (SK Telecom) will provide demonstration service in few places where 2mbps upload speeds will be available and later plans to extend their services further. The sleek slider phone will be available for the Korean market at a price ranging from 600,000(KRW) and 700,000(KRW).

source : http://www.mobiletor.com/

Samsung Cuts Sales Forecast

Samsung Electronics Co. trimmed its sales forecast for this year on global economic woes, but said profit will increase, helped by earnings growth in key areas such as memory chips, flat-panel displays and mobile handsets.

"Global economic uncertainty will continue this year, affecting our management conditions," Chief Executive Yun Jong-yong said Friday at the annual shareholders' meeting. "We expect competition to become fiercer globally amid higher oil prices and the dollar's weakness."

Samsung aims to raise its 2008 sales by 10 percent on year, Yun said, without providing specific figures. The forecast is lower than the 15 percent on-year increase it projected in January.

But Yun said he expects Samsung's profit in 2008 to be higher than last year's as the company focuses on its four key businesses - semiconductors, handsets, LCD panels and TV sets.

Capital investment will be at a similar level to that of last year, he added.

Samsung, the world's largest memory chip maker, posted 7.43 trillion won ($7.61 billion) in net profit in 2007 on a parent basis, up 12 percent from a year earlier. Sales rose 7 percent to 63.18 trillion won ($64.7 billion).

Some analysts expect Samsung to report first-quarter results next month with the chip business in the red for the first time since 2001, weighed by a sharp fall in chip prices.

Source : http://www.examiner.com/