Samsung Electronics announced its first half year financial report for January to June, 2017 and posted a 61% gain year-onyear to 23.9 trillion Korean won (about US$21.29 billion) in operational profit. Over 20 financial analysts forecast the operational profit for the whole year to December 2017 will record high at 51 trillion won (US$45.44 billion). For the six month period, it seems that of DRAM took 30%, NAND flash memory 15% taking advantage of short supply of memories for smartphones and servers. On top of that, the company has added the profit of OLED panels for smartphones on the good going of the profit, as it seems to have started shipment of the panels to Apple at the end of May to early June. Some analysts estimate Samsung will ship approximately 80 million to 90 million units during 2017, which will be 170 million units in 2018. The profitability of DRAMs is very high reaching to about 60% in the profitability on sales. Samsung seems to draw a picture to leave Toshiba behind in the flash memory improvement race by investing money earned in the DRAM business.
A new telecom brand Kult, recently announced the launch of its newest smartphone - Beyond. This 4G- VoLTE enabled smartphone also offers multi-purpose fingerprint sensor and currently it is exclusively available on Amazon. It features a 5.2inch HD screen size and an HD IPS on-cell display. Beyond features a 13MP rear AF camera with Dual Tone LED flash and 13 MP front camera with Dual LED Flash. It runs on a 1.25 GHz quad-core 64 bit processor and offers the latest Android Nougat 7.0 OS. It comes with a 3GB RAM and 32GB ROM that is expandable up to additional 32GB (supports 3 Slots: 2 SIM both micro + 1 Micro SD). Kult Beyond is powered by a 3000mAh battery and is available for INR 6,999. Commenting on the launch, Hardip Singh, Executive Director of Optiemus Infracom said, “Today’s hyperconnected millennial demands high performance smartphone with great camera quality. We kept that in mind while building Kult Beyond. This beautifully designed smartphone comes loaded with class-leading features and functionalities at a very attractive price, which is an added advantage.”
HP Inc. India has installed the HP Indigo WS6800 digital press at Skanem Interlabels in Mumbai. Skanem Interlabels is one of India’s leading labeling solution providers and leader in selfadhesive labels. The installation of Indigo press from HP will enable Skanem Interlabels to offer a complete digital labeling solutions for their clients. With the latest HP Indigo WS6800 installation, Skanem Interlabels is all set to double their capacity and offer faster service to their customers. The HP Indigo WS6800 Digital Press delivers high productivity, wide versatility, and intelligent colour automation. This will enable Skanem Interlabels to cater to the self-adhesive labels and also deliver innovative printing solutions to both its global and domestic clients as well. Speaking on the continued business association with Skanem Interlabels, Country Manager of Indigo and Inkjet Web Press, HP Inc. India—A. Appadurai said, “Skanem Interlabels has been one of our most valued partners since 2011 and is known to provide state of the art labelling solutions to their customers across the country. To help them further their growth, we partnered with them to provide our best-inclass HP Indigo WS6800. With its capability for printing variety of labeling and packaging applications, high productivity through higher speed and in line priming units and accurate colour management through the inline spectrophotometer, HP Indigo WS6800 will help Skanem Interlabels in catering to challenging requirements of their end customers.”