Samsung announced that the company’s research and development spending has hit a high record this year. According to the company, in the first half of 2020, it spent about $8.9 billion on research and development.
Samsung has spent $8.9 billion on research and development in 6 months
Samsung’s R&D spending accounted for 9.8% of sales in the first six months of 2020. According to the report, the company hired 1,400 new employees, bringing its total headcount in South Korea to 106,074.
Samsung’s top five customers in the first half of 2020 included Apple, Deutsche Telekom, Tektronix Hong Kong, Huawei and Verizon. The company held 32.4% of the TV market and 16.3% of the smartphone market in South Korea. Its market share in the DRAM and smartphone display panels market was 43.8% and 41.3%, respectively.
The South Korean tech giant spent $8.4 billion on research and development in the first half of last year, and spent $16.5 billion for the full year.
Samsung will move a big part of smartphone production to India
Samsung is preparing to relocate a significant part of its smartphone manufacturing to India, according to a new report by The Economic Times.
Sources familiar with the current situation say Samsung has already informed the Indian government of plans to manufacture more than $40 billion worth of phones over the next five years. Most phones made in India, priced above $ 200, will be for export to all countries in the world. So your next Samsung smartphone is highly likely to be made in India.
Gizchina News of the week
Samsung closed its last remaining plant in China last year. Prior to that, the Korean tech giant opened its largest smartphone factory in Noida, India, which will remain Samsung’s leading manufacturing center in the future.
Another center for the production of Samsung smartphones today is Vietnam, which is the second-largest exporter of smartphones after China.
It is worth to mention that recently, the company has revealed the Galaxy Note 20 and Galaxy Note 20 Ultra smartphones, and here is a reminder of the Ultra model.
Samsung Galaxy Note 20 Ultra specifications
- 6.9-inch Quad HD+ (3088 × 1440 pixels) Dynamic AMOLED Infinity-O Display, HDR10+,496PPI, 120Hz refresh rate, up to 1500 nits brightness, Corning Gorilla Glass Victus protection
- Octa-Core Samsung Exynos 990 7nm EUV processor with ARM Mali-G77MP11 GPU
- 12GB LPDDR5 RAM, 256GB, expandable memory up to 1TB with microSD
- Android 10 with OneUI
- Hybrid Dual SIM
- 108MP rear camera with LED Flash, f/1.8 aperture, PDAF, OIS, Laser AF Sensor, 12MP Periscope lens with f/3.0 aperture, PDAF, OIS, 5X optical zoom, Super-Resolution Zoom up to 50X, 12MP 120° Ultra Wide sensor with f/2.2 aperture
- 10MP front-facing camera with f/2.2 aperture
- Water and dust resistant (IP68)
- Stereo speakers tuned by AKG, Dolby Atmos
- Ultrasonic fingerprint sensor
- Dimensions: 164.8 x 77.2 x 8.1mm; Weight: 208
- Bluetooth enabled S Pen with Pressure levels: 4096, Pen tip diameter: 0.7 mm, IP68
- 5G SA/NSA, Dual 4G VoLTE, Wi-Fi 802.11ax (2.4/5GHz), HE80, MIMO, 1024-QAM, Bluetooth 5, GPS with GLONASS, USB Type-C (Gen 3.2), NFC, MST
- 4500mAh (typical) battery with 45W fast charging, wireless (WPC and PMA) charging, Wireless PowerShare