Samsung Takes a Cue from Chief Rival Apple with Galaxy Fold Disaster

Following weeks of breathless anticipation, Samsung has pushed back the release of its much-awaited Galaxy Fold. The delay comes after a series of embarrassing reviews, which have made it clear that the phone is every bit as fundamentally flawed as it looks. According to a statement from Samsung quoted in the Wall Street Journal, the April 26 release date has now been shelved so that the smartphone maker can deal with issues surrounding the Fold’s display. Samsung had already started taking pre-orders for the $1,980 phone, billed as the next…

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Samsung Reveals Record-Breaking Quarter Amid Crypto Mining Demand

Earlier this year, Samsung expanded into mass producing ASIC chips for bitcoin mining, and the move is already paying off. Samsung had a blockbuster first quarter, as evidenced by the fourth straight quarter of record performance for operating income, the catalyst for which was demand for chips used in bitcoin mining. Samsung’s  semiconductor business shined amid The post Samsung Reveals Record-Breaking Quarter Amid Crypto Mining Demand appeared first on CCN

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