3G CELL

𝗦𝗮𝗺𝘀𝘂𝗻𝗴: 𝗪𝗲 𝘄𝗶𝗹𝗹 𝗿𝗲𝗺𝗮𝗶𝗻 𝘁𝗵𝗲 𝗴𝗹𝗼𝗯𝗮𝗹 𝘀𝗺𝗮𝗿𝘁𝗽𝗵𝗼𝗻𝗲 𝗹𝗲𝗮𝗱𝗲𝗿 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗻𝗲𝘅𝘁 𝗱𝗲𝗰𝗮𝗱𝗲

Never mind that Samsung Electronics Co., the global smartphone maker leader as ranked by device shipments, reported a 60 percent slump in quarterly operating income a few days ago — the worst such drop in more than four years. A slowdown in smartphone sales, as well as plunging memory chip prices, were mostly to blame when the company reported its latest earnings.

DJ Koh, the CEO of Samsung’s mobile division, tried to sound bullish anyway in a new interview with the French newspaper Le Figaro, in which he declared that foldable technology will help the company recapture some of its mojo. Also, he brushed off the threat from Huawei, which wants to displace his company atop the global rankings, and confidently promised that Samsung will remain the smartphone market leader for at least another 10 years.

“As a global leader in the smartphone market, our priority is and has always been to improve our products and services to deliver meaningful innovations for our consumers,” Koh said, according to an English translation of the interview. “Samsung has been a leader in the smartphone market for 10 years and will remain so for the next 10 years by continuing to innovate and imagine new mobile experiences.”

That last part, about imagining new mobile experiences, is an allusion to new foldable phone technology that will manifest in Samsung’s forthcoming Galaxy Fold smartphone. It’s headed for an April 26 release in the US and comes at a time when Samsung’s global smartphone shipments overall have actually been slipping — hitting 290 million units in 2018, for example, down from almost 318 million units the year before.

That data comes from Counterpoint Technology Market Research, which also shows just how much of a threat Chinese competitor Huawei is starting to become to Samsung. We’ve reported before that Huawei is aggressively gunning for the top global smartphone ranking, despite the fact that it’s been shut out of many Western markets like the US, and its latest numbers certainly point to its resilience. While Samsung was falling from 2017 to 2018, in other words, Huawei racked up a growth in its smartphone shipments from 153 million to almost 206 million.

Foldables will certainly be a niche product for the time being, but Koh says that Samsung is betting a kind of overall apathy with smartphones in general-being that we’re sort of inured to them as boring glass rectangles with large displays could be cured with an all-new product like a foldable phone. “Personally,” he told the French newspaper, “I see a huge potential for the segment of foldable smartphones. Consumers are looking for larger screens without sacrificing portability.

“We lived until now in a world where the size of the screen was limited to that of the device itself. Samsung has taken into account the evolution of these needs and has radically changed the situation with this new smartphone format and the unprecedented mobile experience that results. Samsung’s foldable smartphone is not just a new category, we’re writing the next chapter of the mobile industry. We created the Galaxy Fold to directly change the way consumers use their phones – everywhere and for everything.”

𝙸𝚖𝚊𝚐𝚎 𝚂𝚘𝚞𝚛𝚌𝚎: 𝚂𝚊𝚖𝚜𝚞𝚗𝚐
𝙰𝚗𝚍𝚢 𝙼

𝗢𝗿𝗲𝗴𝗼𝗻 𝗰𝗼𝗹𝗹𝗲𝗴𝗲 𝘀𝘁𝘂𝗱𝗲𝗻𝘁𝘀 𝘀𝗰𝗮𝗺𝗺𝗲𝗱 𝗔𝗽𝗽𝗹𝗲 𝗼𝘂𝘁 𝗼𝗳 $𝟵𝟬𝟬,𝟬𝟬𝟬 𝘂𝘀𝗶𝗻𝗴 𝗳𝗮𝗸𝗲 𝗶𝗣𝗵𝗼𝗻𝗲𝘀

Apple is one of the most valuable companies on the planet, but it didn’t reach the pinnacle of consumer tech by allowing itself to be scammed out of hundreds of thousands of dollars. A pair of college students in Oregon learned that the hard way after they managed to bleed the tech giant for nearly a million dollars before being nabbed by authorities.

According to reports, Quan Jiang and Yangyangg Zhou, both foreign students on U.S. visas, were receiving shipments of counterfeit iPhone knockoffs from China. Once they received the fake smartphones — which were apparently close enough to the real thing for Apple not to immediately notice — the duo returned them to Apple, requesting replacements.

Somehow, this scam worked, at least for a while.

Authorities claim the two scammers sent in over 2,000 fake iPhones to Apple claiming that they were defective. The company denied some of the claims but fulfilled others, sending the two students over 1,400 genuine iPhones to replace the “defective” fake units. The total cost to Apple is estimated at around $900,000.

The fake iPhones, which were apparently only around $30 each, flew under Apple’s radar for some time, but the company and customs officials finally caught on to the scam. When authorities raided the home of Zhou they discovered over 300 of the knockoff smartphones, and both are now facing a laundry list of criminal charges.

The two men will face charges including trafficking knockoff goods, fraudulent customs declarations, and wire fraud. However, Zhou’s attorney claims that his client had no knowledge of the scam at all, and that Jiang was the mastermind of the scam. With 300 fake iPhones in his home, it’s hard to see how anyone could claim such a thing but we’ll have to see how the case pans out before knowing the truth.

𝐼𝓂𝒶𝑔𝑒 𝒮𝑜𝓊𝓇𝒸𝑒: 𝒵𝒶𝒸𝒽 𝐸𝓅𝓈𝓉𝑒𝒾𝓃, 𝐵𝒢𝑅

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