Compare news coverage from diverse sources around the world. Try Ground News today and get 50% off your subscription. It's their biggest sale of the year: ground.news/coldfusion And thanks for watching the video. Any suggestions on other similar topics we should cover next?
Ground news is awesome, minus the fact that they demand you pay, they no longer offer a free tier. There is a 100% free alternative called “AllSides - Balanced news”. It does the same thing that Ground news does. AllSides show left right and center how top news stories are covered depending on their political leanings.
@coldfusion if you are able cover the auto / car markets bit European, china , south corea and related and USA. The markets depending on the nation at the moment is shaky not sure how will turn...tks
I was a full-time corporate employee at Samsung Electronics of America, in Orange County, CA. I LOVED that job, I loved my co-workers, the higher ups I was interacting with. It was one of the best jobs I've ever had, a true dream job. Come Sept. 27, 2024, they laid of 30% of us, it was a dark day. They kept the contractors though. I'm still trying to find another job since the lay offs. EDIT: For those asking, I was in Data Analytics and saw where the company was losing money. I was not a DEI hire. TBH, someone from R&D and Innovation needs to be CEO instead of the accounting dept. calling the shots. I learned a lot, and looking forward to my next adventure. Good luck to those looking for employment as well, we'll make it soon!
The job market right now is absolutely awful. I've been trying to find one for months to offset my increasing debt after falling for an APP scam to no luck. I hope you can find one soon.
This sound like a Linkedin post and the irony is that you are already layed off and still defending them but well, is your opinion. I worked in the same building where a Samsung office was located in Latam. Nobody mentioned anything positive about them. The most shocking thing I heard was mouses being throwed at local employees but they endured that because of the paycheck. When I was in the elevators, I noticed how all the middle and higher up managers were SK males. The irony is that in the same building was a chinese multinational and they have more women in leading positions than in Samsung.
I worked for another one of Korea's chaebols which was very similar to Samsung, in fact many of the people went back and forth between this company and Samsung. They often hired only Korean and especially family members of current employees. I saw engineer teams completely miss obvious flaws in chips and product designs and if you pointed it out to them and you were not Korean they would flip out and get really angry. Many of the Korean managers wouldn't even talk to their non-Korean staff that were technically their employees, they would hire in an intern or some type of assistant (usually Korean female) and they would handle communication and instruction to non-Korean workers. Even though they were a tech company the people working there weren't very big into tech or the products they were selling. To this day I still wonder how these companies have been so successful, I guess this happens at many big companies but......
Sounds like Korea. People say America is a rcst country, they haven't been to China, Japan, or South Korea yet. I have a Laotian friend who was in the USMC and was stationed in Japan and has been to South Korea with his unit. He told me how the citizens of Japan and Korea treated him, Blacks and Hispanics in his unit like dirt, but would treat White people in his unit with respect.
When I asked Samsung several years ago why we couldn't get the Snapdragon variant of their flagship phones in NZ they responded that the Snapdragon chip was not compatible in my country. I knew this was utter nonsense and that Samsung were, and still are, using countries like NZ as a dumping ground for their inferior Exynos chip.
@@SuperMerlot I also ditched Samsung. The truth is that all smartphones are basically the same now anyway. They keep trying to convince us we need to buy the latest model because it has a faster this or better that but many of us don't even use the features we have at the moment.
Some of said SKU's don't support the bands of major 4G/5G NZ networks in NZ fyi, it's a pain to sell them retail given they might not operate on certain providers and customers don't understand that or know how to research it themselves.
Same here in India. Not sure about the latest Exynos chips but some of the older ones had major heating and connectivity issues. I don't care about a little performance loss but these kinds of issues are a showstopper. Especially if I'm shelling out the big bucks for a S-series phone.
I literally thought the exact same thing. The way they painted the poor people rubbed me the wrong way though it was a film that was critical of “meritocracy”.
The infinite growth investment expectations cause so much harm to companies. Imagine your company making almost 7 BILLION in profit and your investors being disappointed because they wanted 900 million more.
I've had a Galaxy S8 as just a personal sort of iPod device for years, and the sheer number of times Samsung has changed their terms of service since I've had it is staggering.
@@50_Pence One of the main things I kept reading since the s5 was to never ever agree to samsungs policies that pop up, sucks because you need to to access the health apps now, you can always find other pedometers and stuff I guess.
@@SEEYAIAYE adb debug delete and flash a different OS, personally have a 3 year old POCOF3 with pixelexperience on it.... cost 400 new then, still better than anything else most people use...
@@replynotificationsdisabled Cant do it with a samsung without losing VoLTE and now that the 2G and 3G network are shut down in Australia, a custom rom would turn it into a glorified IPod
Honestly.. samsung forgot who they are.... everyone chose samsung because they always offered the things apple didnt as far as their phones go.. expandable memory, removable battery (back in the day), head phone jack etc.. theyve taken all these things away.. people clearly aint happy.
Many years ago I bought Samsung's top of the line small tablet ($400) to do ebook reading. Not one security update at all despite that version of android needing at least 20 severe updates. Aside from memory products I will never ever touch anything else made by Samsung.
@@w花b Isn't that strange .Although an ellipsis is complete with three periods, ellipsis-like construct with more dots is used to indicate "trailing-off" or "silence".
Theres a broader issue here in Korea which is the fact that the stock market is heavily skewed towards corporations instead of stock holders so Korean ppl themselves don’t want to invest in these mega corporations with huge influence over politicians anymore since the gov provides very little protection for investors. For example, it is extremely difficult to get a class action lawsuit going in court because theres so many bureaucratic hurdles you have to get through before you can even present your case in front of a judge so it is very popular amongst young people to invest in the US stock market or even crypto currencies instead unfortunately
I have a feeling Korea has a lot of structural problems that have come from the way they rapidly developed, similar to the massive issues affecting China today and Japan in the 80s
It's how it should be, being beholden to shareholders is the reason why so many products these days are such awful quality, if you want to invest in a company it should 100% be at your own risk.
Imagine being a most selling products company n go bankrupt next day (Nokia), these days, especially with Chinese companies nothing is for sure nothing is for a long term. Imagine to be in top 3 (Mercedes, BMW, Audi), Imagine being VW the biggest car group n now having an existential crisis
Well, it’s public company but do not know how much shares are out there , so investors are maybe just expressing worries. But if it would go private, nothing maybe would change 😅 as Samsung is Samsung, they are from construction to army, not just in Korea tough. They are building big big sky rappers all over the world and so on. They do not have just hospitals, they I think also manufacture medical tools and etc 😅 so I guess Samsung what we know , there is maybe very little shares, same way as VW for example where Porsche fasist family owns over 70%? So market cap is based on just 30 % shares. Same I think goes to Samsung, so I guess they are on public market just for PR and those kind of things , for American or Arab markets
4:27 could not be more of the case, when I worked at Samsung, you saw red tape and general disarray everywhere, it was insane. I was working on AI for a device that I couldn't even get my hands on, yet reviewers had them for testing -- I, someone whose work requires the product we're selling to get my work done, couldn't get the device! We had to use FPGAs and older models to simulate the newer device. And when our director left, it wasn't someone who had been at the office for say 20 years that was then promoted -- nope, it was some kid that was had just graduated and came over from a consulting gig that was the new director. All because he was connected. Most execs were non-korean so they weren't even considered. I used to wonder why samsung tech sometimes felt like it was all over the place, like the camera hardware would be great on the S series but then the pictures would come inferior to the competition -- i.e. because of the processing pipeline. Now I wonder how anything gets shipped at all at that place.
As someone who works for a chaebol (outside of SK), sounds about right. Senior management doesn't consist of talent, rather it's people who have been appointed due to time served or some shady connection. There appears to be little sense or strategy in the decisions coming from management and also very little transparency. They're not problem solvers, just experts in ass covering and finger pointing. Corruption would explain a lot, but of course is almost impossible to prove.
You're on point. Many Asian and today even western countries and corporations are promoting and hiring based on connections instead of aptitude or capability. Koreans are also very dynastic. This is the reason that many corp entities will fall this decade.
I worked at Samsung Device Solutions for a couple of years and quit in 2023. We could sense that something was wrong within management, as less effort was given to properly designing the circuits and more to discussing with customers how their specifications were outrageous and could not be met
Spent 900 bucks on Galaxy S22, after 13 months a horizontal green line appeared on the screen. Warranty has already expired so I researched and there's lots of people that have the same line on their S22.
@@larryc1974 It upsets me to no end when companies won't stand behind their products and their defects. You shouldn't need a warranty for a $900 product that has a company defect after a year's worth of use. I'm sorry that happened to you, I really think it's an injustice.
@@dmalka336 After 2 years my Samsung S22's display is now covered with vertical lines, can't read messages anymore, Samsung's screen replacement costs 300 dollars. Never gonna buy Samsung again, thought they'd last 4 to 5 years. Bought a Xiaomi Redmi 13 for 115 bucks. It brings me so much joy to see Samsung going under.
Samsung just got complacent. They used to be at the cutting edge and usually brought new features to phones years before companies like Apple. They had LG nipping at their heels, though. Eversince LG Mobile went bust, they started modeling their strategy after Apple. The problem with that is that unlike Apple, they dont have a cult. Chinese brands are the ones pushing innovation forward now.
Complacency is what's killing everything nowadays. No one's trying to compete so they're all stagnating, rotting away, making crappier products and charging more for it. This is why competition is healthy, it forces these bastards to innovate and come up with new ways to bring people to them.
Apple understood that consumer tech would start to plateau, and so they took their time to perfect everything instead of trying to differentiate themselves as having done it first. Now it has reached that plateau, and Apple is still able to sell "new" features. None of the features we use/want really needed to be rushed into our hands, and Apple got that. But you are right about the cult part, and because of that Apple doesn't really compete against the brands making phones that run Android.
@@chuck7415 Apple is just status symbol in countries outside of US and Canada, and in US and Canada they are locking users by hindering basic communications with non-Apple devices. They have not gotten anything. infact others innovated so much that their r&d used to cost a lot and sales didn't show as much due to them not being recognized as status symbols. which is why everyone else have also now given up on innovation and just bring minor upgrades year after year. Even while being more OPEN, Google gets fines left right and centre for Play Store Monopoly and being asked not to have Google Dialer/Phone as default on other phones and now again being asked to sell off Chrome. while Same lawsuit against Apple affects them like nothing It's like Apple have people in the inside to control every judgement in their favour. So majority of companies have given up trying and just milking what they already have, just like Apple does. and everyone is creating their own ecosystem. Android watches no more work with Apple Devices. and this is just a start to all evilistic approached to consumer products and all of it was started due to Apple.
Was talking to a Samsung semiconductor engineer who worked in Samsung for 20+ years and he told me the late Lee Goon Hee is very innovative and visionary. That's how he grew Samsung while his son Lee JY can just maintain Samsung if he does it right.
When a company gets too big they start hiring people who don't care about the brand or customers (mostly c-level higher ups) that drive the company to the ground. These are the people responsible for unnecessary layoffs, poor business decisions, half baked features and buggy products, shady business practices..etc. These people usually just jump to the next company with a pay rise and 0 repercussions once the brand is ruined. These people should honestly be sued and jailed. Samsung is a unique case where their higher ups were so greedy, dodgy, deluded and dimwitted that they were ACTUALLY jailed, but mostly because of corruption and tax evasion. They could have easily walked away with bags of money like most c-levels.
Sued and jailed? Lol for what? Being shite at a job isn't a crime. The problem, as you describe, is systemic of ALL large corporations. They get too big and bloated and top heavy and all about profits for investors and management bonuses.
And even the government tried to ruin Samsung by jailing a CEO for no apparent reason. I will give a middle finger to the former president Moon Jae in, aka the Moon disaster.
A little over two years ago I bought a Samsung SSD from a store here in Iceland. The drive had a two-year warranty from the store, but Samsung said it had a 5-year warranty. After a little over two years the drive suddenly failed and the store told me I had to contact Samsung to get the drive repaired. However, there is no way to contact them. They have all sorts of websites, email addresses, and phone numbers that don't work. They just don't want to be reached. Absolute jerks in my opinion.
i dont buy samsung stuff much anymore but I have Samsung SSDs myself so I REALLY hope they don't fail I was gifted these from a friend who sent them to me
If they had never created Bixby and weren't so invasive with their software, then they would probably be doing better. Being a bit behind in technology isn't that big of a deal when your customers feel more comfortable (in general) using your products because they have a guarantee that you won't be taking liberties with the products that they already paid for. But unfortunately, Samsung took many MANY liberties that no one asked for, and they lost a lot of faith, confidence, and trust because of that. I could care less if they were up-to-date with AI technology etc. just as long as the product that I paid for was overall convenient, comfortable, and DIDN'T install extra apps that I DID NOT ASK FOR. Also, making Bixby (along with their other Samsung-specific apps) difficult to disable, uninstall, etc. having to go through a multi-step process (or just straight up unavailable to get rid of) was a sign that they didn't care about what their customers wanted. Samsung ONLY cares about what Samsung wants.
You are talking about DX teams. That is a smaller part of Samsung Electronics compared to memories and chips, DS. They made a massive blunder by stopping Samsung cloud development. Everything went downhill post that as this stopped AI groups, chip manufacturing groups, and storage groups from advancing their research that was focused on AI based products. Samsung Electronics makes way more money in memories, storage, and chip sales.
I remember an old Samsung phone of mine can't be used anymore not because of electronic problem, but because I can't delete lots of Samsung enforced apps and as time goes by it run out of storage capacity and I can't use it properly.
Bixby randomly started trying to talk to me on my new Samsung washing/dryer combo the other day, and I was really irritated by it lol. Love the machine, but crappy tech like that lowers feeling of quality for the whole product.
Fr they are always in crisis for one of the biggest electronics company ever and face of South Korea. They've been like this since idk last 2 decades , always on News with new scandal 💀😂
Rich people especially billionaires don't give a crap about anyone but themselves. It's why they became so rich in the first place. Our world is just their playground and these see us as complete morons.
Oh, already 10 years ago ? "How big is Samsung ?" :) One of the first videos I have watched from you :) followed by so many others in series... Thanks for sticking around, mate.
My thoughts exactly! This was one of my first subscriptions on YT, back then when it was called Coldfustion lol. Can't think of any other channel with such consistency of quality and quantity of videos. Dagogo, I don't thank you often enough. Hats off.
I drove by the new $25 billion Samsung chip plant in Taylor Texas the other day. It's a huge plant, but with noticeably relatively little external activity apparent. The rumor is they have delayed production to 2026 due to insufficient yields of their 3 nm chip technology. Apparently, the Samsung R&D guys screwed up the recipe, and now TSMC is way out in front in the market, leaving Samsung behind trying to figure out what to do with the giant plant. Whatever the cause, Samsung now is reportedly at serious risk of losing $6.4 billion in grants and loans under the U.S. CHIPS Act, which would be a devastating financial blow. It's also a major blow to the politicians, who proposed all the subsidies to increase production of chips in the USA for national security.
This makes me appreciate how perfectly Nvidia understood the proverb "When everyone is digging for gold, sell shovels." Edit: Wow, it seems like Nvidia's meteoric rise isn't all that it seems. There is so much more to the story.
Heck yeah. Be the person that sells what people don’t truly think about/consider they need just as much. You can be the unconsidered about big earner.👌🏼
Exactly. South Korea is _right now_ what the west thought Japan would become in 2050. It's by far the closest thing we have to a real-life cyberpunk dystopia. (To be clear, it's not a bad place just because of that. No hate, genuinely.)
I am quite dissapointed with this video Cold Fusion. Samsung has done no more corporste scheming than any other mega corporation.. I would estimate it is lt less than Apple, Google or Boeing. Cold Fusion seems to have gotten all negative rumors from Samsung haters in Korea. For example, jail sentence for current Samsung CEO for lending a horse as a bribe. There was a lot of accusations but only charge that was presented to the court was a lending a horse to Olympic medalist whom happens to be a daughter of the then president. Is that a crime? The criminal CEO is let out of jail to accomoany the president who put CEO in the jail to North Korea and pressured Samsung CEO to build a factory in North Korea. Doesn't that seem more like a crime? North Korea was under a sanction by UN for developing and testing nuclear ballistic missiles. Also, comoare crimes of Samsung CEO to crimes committed by the leader of a political party that brought the charge to Samsung CEO. Thus politician is in multiple corruotion bribery indictments and sentencing now involving hundreds of millions of dollars similar to Hunter Biden case. Cold Fusion lost credibility in my view. Getting involved with dirty political infights in South Korea between pro-Nkrth Korea liberal party and pro America conservative oarty. Mud slinging Samsung, does nothing for global consumers and science.
Samsung is facing a challenging period, marked by multiple issues affecting its core business areas,this could negatively impact Samsung’s revenue growth and profit margins.
If tariffs, sanctions, or supply chain disruptions are imposed, this can hurt earnings, and investors may react by selling shares, which can depress the stock.
@@ClintonMathew-x1s These could make investors hesitant, causing fluctuations in stock price based on news or developments, in a respectful way to avoid all these stories..
@@ClintonMathew-x1s involving high-profile figures like Samsung’s heir Lee Jae-Yong, can tarnish the company’s reputation. uncertainty, such as unclear leadership succession plans or prolonged legal battles, can lead to concerns about the company’s long-term stability
@@blueskylogistics5929 It’s precisely at times like these that investors need to be on guard against the next certainty of samsung stock. You don’t have to act or be afraid hence i will suggest you get yourself a financial-advisor.
@@MichealJamesw i have been holding samsung for 7 years plus but yet no much profit made, your suggestion was nice but i will be glad if you tell me about your own financial advisor
@@angelofdeath275 to be clear, it is a modern art museum, the art on show was not _made_ by Samsung. en.wikipedia.org/wiki/Leeum,_Samsung_Museum_of_Art
Honestly, if Samsung could sell their Exynos chips in a way that don't insult every European and other global markets, it will sell. The problem with Exynos is Samsung tried to sell it off as a Snapdragon equivalent at exactly the same price, when in fact it isn't equal in performance. But despite that, Exynos is not a terrible chip, far from it. It is still a very well-performing flagship chip, just lagging a few percent behind the snapdragon. If only Samsung could release a special Exynos variant, and priced it like 50$ lower, I believe many will take it, because in the end of the day 99% of consumers won't notice such minimal difference in performance anyway. And for Samsung foundry, man, I feel bad for them. They are trying, but sadly the industry simply have no place for #2, and that's precisely what they are, the number 2. I wish them well, since if Samsung flopped, TSMC will have exactly 0 competitor left and that can't be good for the market.
Nobody would buy the "inferior" phone when side-by-side with the snap dragon variant, even if it performance is almost unnoticeable. It's a marketing issue. The problem is that the difference IS noticeable in power consumption and performance, so sneaking these chips in while promising snap dragon performance stains their reputation. Honestly they should've abandoned snap dragon entirely and focused on exynos, killing the other option entirely so there isn't a comparison to be made. Either that, or their chips should be very close in performance to the snap dragons so that it is truely unnoticeable.
that is literally not true - taiwan with it‘s tsmc produces almost all global high performance chips. All Apple devices use Chips from tsmc, all AMD chips are made there and also any snapdragon. Simply put, their products are so superior that no one wants to use something else - you wouldn’t buy a 10% worse pc at the same price.
As someone who has worked as a contractor for this company in Australia, I say good riddance. A disgraceful company who treats all employees like shit.
That's literally every big conglomerate out there. There's not a single billionaire ceo/chair that respects their employees. Even the "good" ones only behave well infront of cameras.
They treat their own people in Korea like shit. So they don't care how they treat others. I know.....I lived in South Korea for a few years. It was an eye opening experience to say the least
My largest problem with them is they decided to follow Apple's example with their phones. The last one that didn't start removing features was the Note 9, which I still use because I can't upgrade without giving up features I like.
I was about to upgrade my Galaxy phone. Then I learned Samsung would not include snapdragon chip because of my region. But still would charge me premium price for an inferior chip. I got a oneplus phone instead and I haven't missed Samsung at all.
Samsung not using its own Exynos chips in its high end devices is pretty devastating when you look at what Apple has achieved with its A and M series chips. And they even lost manufacturing chips for Qualcomm to TSMC.
Every single benchmark and comparison in youtube comes out at the same conclusion, their exynos are inferior in raw power and they overheat. They are only superior in battery management, which only shines in middle range phone, where top performance is not expected.
@@fajaradi1223 Intel didn't lose anything in the race to 1nm. Intel HW is still what most people prefer on small scales. On large scales 3 of the 7 most powerful supercomputers are still using Intel chips at the moment with 1 of the top 7 using IBM CPUs, according to Live Science. AMD and Nvidia don't make their own chips they design them and sublet manufacturing to chip fabricators like TSMC. It isn't clear if IBM still makes their own processors. Intel makes their own processors even today. Samsung's chips aren't the best but they are hardly what I would consider weak even in the mobile space. That said, I prefer Qualcomm's faster chips.
TSMC took the gamble, and spent a billion Dollars working out how to etch semiconductors with UV light lithographs. It wasn't really proven technology, but TSMC managed to make it work. The upside is we now hove better than ever chips. The downside is now we can't let China invade Taiwan. Is WW3 worth your phone being a microsecond faster? Personally I couldn't care less. I don't want WW3. But I won't have a say.
@@wizmohaghanem Benchmarks? Who even relies on benchmarks anymore for evaluating a good phone experience? If that's you, then good for you. But to me this is not a PC performance race, and as long as a phone offers a great experience, lasts for a long time and has good thermal management, that's more than enough. Also, I'm talking about the Pixel 10 which is not even out on the market yet so your statement is confusing.
I naively bought a Samsung French refrigerator that the ice maker never worked right. Then bought a front load washing machine a few years later. It died 2 years after - right after the warranty expired. Never buy an appliance from them again.
LG all the way.They just keep working they die due to poor maintenance. I've always wondered why my dad loved LG. He treated it as a standard, never liked Samsung, so much so that all appliances at home are LG but the TV(Samsung) which i insisted but i regretted later. I miss magic mouse LG so bad. Ps. I have been using Samsung phones since s7, love their displays and phones.
I think most things these days aren't made to last for long. I've found that air fryers, regardless of brand, don't last all that long. A few haven't even survived their 1 year warranty. Samsung does have a reputation for poor quality whitegoods, and that's especially true for fridges with ice makers. That said, I have a Samsung branded front loading washing machine that's worked for years trouble free. The LG top loader I had before that was always a problem. There are a few UA-cam channels that tear down electronic equipment and provide advice on what is likely to fail first. According to the videos I've seen, just avoid fridges with built in ice makers from any brand. My understanding is that Samsung do make some nice fridges, but it's only a few of the Bespoke models. Everything else is ewaste waiting to happen.
@@MithunOnTheNet are they still in the game ? I haven't seen a good Panasonic products that came under my radar. Good to know that they are still kicking.
One of the most brillian investing advice i have ever gotten on youtube came from watching an interview with Julianne Iwersen Niemann. Indeed, A solid investment strategy is like a well-planted tree-it can withstand storms and still grow strong
That's great advice! Julianne Iwersen Niemann's perspective on investments as a long-term growth strategy, much like a well-planted tree, is a solid analogy. A good investment strategy should be resilient enough to endure market fluctuations while still growing over time. It's essential to have a strong plan that balances risk and reward, much like cultivating a tree that thrives even in tough conditions. Working with a seasoned expert like Julianne can help ensure your financial decisions lead to sustainable growth.
I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get||
Omg I didn’t realise that it has already been 10 years since that Samsung video. Congrats on making it this far and looking forward to seeing more content on the channel !
Purely anecdotal but back in 2017 I was a manager that oversaw appliance sales and let me tell you LG and Samsung had the highest less than 1 year failure rate, normally attribute to some failure on the system motherboard. The reputation for them back then, being in the US that is, was often brought up during that time. I can only imagine its gotten worse since then. If the Galaxy hadn't been the hit it was Samsung would probably be in a fairly dire situation already. I can't speak of what is going on behind the scenes but the company somehow feels stagnate and they have way too many fingers in too many pies.
"Fingers in too many pies" SHOULDN'T be a problem... as long as they give those divisions enough autonomy, and share tech smartly... but, given what he said in the video...
yep recently went shopping for some new white goods. Got the the consistent dont buy samsung, wasn't going to as we were replacing a samsung front loader. Samsung Haier (and haier sub brands) were all avoid like the plague
My repairman (helping me with the grounding on an American appliance installation) said that all Korean appliances are shit and that I should never buy a Korean appliance ...
You do a great job narrating these. I imagine you sitting with a script and reading through it again and again. Your final versions never have any hint of fatigue or repetition. Very well done.
Samsung’s crisis is a wake-up call for investors like me-diversification is key. While stocks falter, Bitcoin’s recent rise and the buzz around ETFs are hard to ignore. Might be time to hedge with some crypto while waiting for the market to stabilize.
I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.
Absolutely, having a solid plan is crucial. My portfolio has doubled since early last year. My financial advisor and I are working towards a seven-figure goal, though it might take until Q3 2024.
The one thing you missed in your arguments is that TSMC has build up a very good and productive relation with ASML, whereas the Korean basically try to fight ASML all the way. That makes it more understandable why TSMC is able to build better chips, while Samsung is loosing that ability. ASML coworkers love to go to TSMC, and hate, or even refuse , to go to Samsung.
I work in another equipment provider ( not ASML) . And I hate going to Samsung. They don’t treat us with respect and I vowed not to use another SamShit product
@@SanchoPanza-wg5xf Loosing has nothing to do with a loo. It comes from the verb 'to loose'. So it looks like we both make mistakes. I when giving some extra, and maybe useful or interesting, information; you when showing off your 'spelling accumen'...
Samsung isn't on the cutting edge, maybe with their folding phones. The margin's on regular items, services, ect are a bit lower and competition is fiercer. Don't think Samsung is dying out on the long term, but they need to keep grinding and developing their markets.
@@iamthestogAnd Chinese dump phones are cutting edge? There are two Chinese companies who are about to exit the foldable market bcoz Samsung is still leading in sales. While Huawei’s trifold is under fire in their home country due to multiple issues. Do your research, it’s free.
Which is better for current mobile gaming in your experience owning all? im deciding on getting an s22 but i can still see well cared s20 being letgo for cheap in my city
The latest phone have the most current fastest gaming performance, to answer your question. That's not this rant's point though. It's over quality that's the issue, buggy and half baked features
My galaxy note 10 plus is still kicking. I dont know if i wil go iphone 16 pro max.. I want the fold but too expensive. Iphone is much cheaper and stronger chipset than fold
At 7:19 you mention that SK Hynix is the exclusive vendor of HBM3E memory to NVIDIA, but Micron also sells HBM3E to NVIDIA. This means that while South Korea is currently the leader, they have serious American competition.
Micron's tech is slightly better but they simply do not have the volume capacity right now. When their fabs in Boise and Clay ramp up you could be right.
That's a relief. This company is far from innocent. I use their products sure, but they've been too arrogant and too close to being Apple kind of evil.
Exactly. They're like Apple, a mafia style company. I have Samsung phones and a fridge, but I honestly do not like the company, I just don't like iPhone even more. The arrogance of that company and nation that praises it makes me wish for it to fail. It baffles me that people will unalive themselves because they didn't get hire at Samsung. Samsung has made the population of Korea into their disposable workers.
Called them over a known defect in one of their netbooks years back which I was experiencing. The CS person said "Samsung makes a quality product" then heard the dial tone. Not inclined to by any Samsung product ever again and haven't.
i bought a samsung tv back in 2020; apparently this model has a widespread lcd defect and started showing dead lines/an aggressive backlight flicker about a year ago. the warranty only lasts a year apparently, and I haven't seen anything about a recall, repair, or otherwise refund 😭 would not buy another samsung tv after this
@@cartanfan-youtube I was asked to repair a Samsung TV for a friend of mine. It had an LCD defect just like yours. There are so many forum posts about them failing. It's terrible really. Why would I spend £700 on a Samsung TV when I can buy a slightly worse looking but equally functional Toshiba one for £189 on Black Friday? They'll both break down in 3 years anyway.
Never got a Samsung phone because all my friends had them (circa 2018) and all of them suffered from the apparition of a sudden green or pink line in their LCD. All of them were told at the repair shops that their screens were fried due to a extreme rise in the battery temperature. All those phone were less than 6 months old and the guarantee just didn't rven answered so, no, I won't waste my money on that
It’s interesting… Samsung Electronics hardware has quite a good reputation - the SSD’s, the phones, and so on - but the appliances I would not trust over say Bosch or Miele.
Visited my aunt yesterday, and she has a bright green line running down the middle of her Samsung phone display. Turns out hundreds of people in Singapore have been filing complaints with the consumer authority about their Samsung Galaxy phones from the S21 model onwards sprouting that vertical line on the display, right as the warranty ran out. Alongside this video and the comments underneath - something is seriously going wrong at Samsung.
Easy answer, the stock market is a complete hype pump and dump right now. There is no reason at all in a sane world for Tesla to be valued more than Samsung no matter how much you might like Tesla. Samsung produces FAR FAR more products than Tesla yet by pure magic Tesla is still being hyped to no end. Samsung PE ratio is 11.6 vs Tesla PE ratio of 176. The world is just completely out of wack.
I don't know anything about the stock market but i feel like if you mention "AI" anywhere people dump money into it hoping (and I do mean) hoping for a return. its really weird knowing tesla is valued more than samsung. wondering if elon rigged it somehow
market is made of us people. and we are driven by emotion. that's why never assume market can be logical. but that's what economy is, not to mention politics and corruption it is what it is
The US also stuffed them indirectly by sanctioning china so they make their own now, Samsung could’ve supplied them and helped South Korea. They apparently are a US ally 😂
Crazy, my Galaxy 7,8,9's still work. I we use them on road trips. Still have my Samsung Plasma Television running like a charm I bought forever ago. (Believe 12 years🤔)
@@kos2919 i understand they are talking more keeping up with the pack. Just have cabinet full of other brands software and hardware that never made the short pull. Sad to say... had to recognition for the stuff that still pulling the long haul. Speaking of Emerson still out🚏🚌
We've still got a 2011 Samsung smart TV. Netflix on HBO have stopped supporting it. Surprisingly the quality of the image as well as the sound are far better than some of the models that have been produced in recent years. Samsung really has fallen
Only 2 Samsung products I ever bought were TV's. One the old CRT (no longer available) type has been indestructible, 20 years never needed a repair still going. The other DLP new at the time a complete lemon that broke down in weeks and needing constant repairs until I gave up and junked it. Their autos (Kia, Hyundai) I wouldn't touch, very risky. Constant recalls, breakdowns, catching on fire.
I worked at Samsung for 3 years and I loved it, very tough work and challenging working culture. After, SS every company I have been to feels more manageable.
My Samsung 82in led TV died this past week. Highly disappointed with Samsung. Didn't even make it to 3ys. Won't buy another Samsung product again just off that fact alone. But it makes sense now. And to have a 17yr old SHARP plasma flat screen in my kids room working just as the day I bought it all them years ago. Says a lot.
Did the 2023 similar calculation for Novo and Denmark: Novo assets is 43% of Denmarks GDP… food for thoughts as a Dane. Your suggested calculation for Novo would be about 20%
All those crooks in every major companies cry the same story just to transfer profits to their personal accounts. We know the story already. We are not stupid. The name of the game: More for them, less for us.
I have the Renault Latitude or the Samsung SM5 and it's pretty decent. Interior has held up after 12 years, no mechanical or electrical faults either. Has GPS, heated seats, bt/Aux, Sunroof, keyless entry and start/stop. No physical metal keys at all, just a credit card sized fob that you can stick in your wallet and leave it there. BTW the car is made in Korea and shipped over to Australia as a Renault. It has the typical smooth and soft ride of French cars so turns out Samsung can build a better French car than the French itself😂😂. The engine is a Renault and Mercedes collab, code is OM669.
If I remember correctly, the reason Samsung rebadged Renaults in Korea has to do with former CEO Lee KunHee's love for cars and perhaps little else. I lived in Seoul for a long time and drove a rental Samsung on Jeju. The car was fine for the few days I had it.
I wish you would have touched on the first workers strike in Samsung history. I didnt hear much but the outcome surely had an impact on company performance.
In crisis? The expression "too big to fail" comes to mind. As much as we justifiably fear AI and it's hallucinations- the organization or re-organization and monitoring the integrity of officers could easily be accomplished with the tech. It might lead to divestiture, it might be streamlining.. but the assets and marketshare protect it
This came at a time when my 700 dollar Samsung microwave stopped working within a year, the key pad stopped working and the only fix is replacing the entire door (since the key pad is integrated with the door assembly). Never again.
Samsung appliances have 1.1 stars on every major customer support satisfaction survey. Your microwave not working has nothing to do with this, it’s because they have ALWAYS preyed on uneducated buyers.
Full circle, mate! I was introduced to your channel years ago when you released your "How big is Samsung"-video, and which implied there was no limit to Samsung and its innovation and business. And here we are, with Samsung now facing a 122 billion dollar crisis.
Going into a global economic crisis that's going to make 2008 look mild by comparison, it won't just be Samsung. It'll be the vast majority of companies that will have a hard time just surviving the next 5-6 years.
@@jamesdarby6149 UK has been collapsing for the last 6 decades my friend. Only because of the recent crisis's are people starting to wake up to this fact. Signs were there.
Trump will lower your grocery bills on his very first day in office. By this third day the market will be up so high you will get a raise. Trump is going to make us all rich. He has a plan, Musk will be helping him. They have years of experience in reality TV and propaganda media, so they both know how important the truth is.
Thanks. Interesting. Lot's of pause for thought. I am unfamiliar with the term "yet alone"? It does not seem to make sense in English? Did you mean the well known phrase *let alone*?
@@Lily-_-heart76but apple will always be an expensive phone company cuz it was their selling poing but not Samsung.they make very mediocre phones which can be achieved in400$ other android phones.
Literally the whole smartphone market. We've hit a plateau in terms of advancement. More and more people are realising that especially in this economy buying 1k+ phones is making less and less sense. That's why the Chinese are making bank. They saw it ahead of time. And are offering cheaper phones that do almost the exact same.
I hope their phone division continues to do well. It's really only Apple, Google, and Samsung that do phone updates properly. While Samsung mid-range phones don't get security updates every month getting them reliably every 3 months is o.k.
I pick LG over Samsung, My Samsung TV have issues after 2 years, went back to LG again, now washing machine and refrigerator are LG for over ten years, washing machines only need to change ball bearing after 8 years busy family use.
Just bought a Samsung Fridge & Washer… basically sold out had to struggle to get a hold of em , also delayed delivery’s for new orders till the end of the year …. They are just fine
So let me get this straight.... Because you had a hard time buying 1 fridge and washer 🤔 the company that just LOST $122,000,000,000 worth of stock value will 'be fine'. Someone get Wall Street on the line 😵💫
you make a good point about the functional parts of companies being intertwined with the shortcomings of financial competitiveness. It makes me think of the US businesses/manufacturing locations that would shutter not because they weren't profitable, but because the board members saw fatter profits doing things elsewhere. From a community and consumer perspective a company losing money that provides employment and goods is beneficial. From a business perspective it's best to throw employees to the wolves, stop producing, and scrap assets for cash
I used to be more of a Samsung gadget guy(TV's, tablets, SSD, memory cards, smartphones, etc.) but more recently it has not been as much. For example, the Samsung smart TVs, have an Automatic Content Recognition (ACR) feature that is enabled by default that uploads a screenshot every so many seconds to see what you're watching. This is not legal in South Korea on top of that. ACR also applies to LG, Roku, and Vizio by the way. To be safe, I disconnected it from the network (just to make sure) it's not uploading data but now my TV pops up with a message that it's not connected to the network randomly and its annoying. Amazon and Google TV's are two brands that do not use ACR.
in my home country the largest company (owned by a German carmaker) represents 1% of the national GDP and everytime there's a sneeze in the economy, be it national/political issues, unions strikes, logistics issues, issues with the company hq in Germany, etc., media, politians go berserk. Can't even imagine what would be 20% of the economy
they are playing it safe at the moment and frankly at the moment there is no product that makes anyone go WOW. on a separate note, you look like you are eavesdropping on a juicy gossip in that picture
@@fenrirgg the investors care it seems. After all, market cap comes from stocks. But I also think AI wont generate enough money for their investments.
Samsung is undervalued. If it was an American company it would’ve been compared to the magnificent 7s. Their phone sector is second behind Apple, best display, best nand flash, dram, ssd, and best battery in the world. They should worth around 1tillion dollars at least.
Samsung is responsible for not being properly valued. They do not trade in the US market which is by far the largest and most fair market in the world. Their stock trades in South Korea (makes sense) and Frankfurt (totally weird). My suspicion is that they don't want to follow the strict reporting requirements of the US market, so they abstain. Result is a lower price for their stock, but it's their own fault.
My >$1 K Samsung fridge looked beautiful but it was missing a freezer plug upon delivery that customer Svc couldn’t fix so I had to cover w duct tape & very diff to clean fridge seams & refrigerant coils
Not too long ago they were making around 11 billion, so the decline has been very concerning. But most importantly their primary competitor Apple over the past 4 years has made a per year profit of over 95 billion. By doing this Apple can spend lavish amounts on R&D (31 billion last year) while Samsung can't afford to do so. The investment in R&D is where the innovation comes from. Tech companies either innovate or cease to exist.
@@bruxi78230 but Samsung has been innovating by copying apples horrible practices like removing headphone jack, charger brick , copying designs, how did these not work?
While Samsung has been investing in AI and ML for years, they've taken a different approach from companies like Google or OpenAI. Instead of focusing primarily on large language models, they've concentrated on practical AI applications for their devices and components. They have the technical capability, data centers, and chip manufacturing ability to develop AI solutions, and aren't restricted by U.S. chip regulations since they're a South Korean company and a major chip manufacturer themselves. Their more recent moves, like the introduction of Samsung Gauss, show they're also moving into the LLM space.
"Instead of focusing primarily on large language models, they've concentrated on practical AI applications for their devices and components." Wow, this is reason to be bullish on Samsung.
08:27 'The chip conundrum' - SOC's IT DOESN'T HELP when PREMIUM S model phones with POOR Exynos SOCs are FORCED upon UK/Europe markets where the US GET the BETTER Snapdragon SOCs! It basically P!SSES off customers! 🤨😡 😎🇬🇧.
@@casuarius6576 'Copium'... Nope... Just NOT accepting the BS that Samsung tell... "Well, we offer our top S models in the UK/European, Australian/New Zealand and other markets with Exynos SOCs because of better compatibility with their telephone networks & frequencies..." Oh.. Is that right? Ok.. So Samsung, PLEASE, explain why Red magic, Asus, Oppo, OnePlus, Motorola, Xiaomi AND MANY OTHER manufacturers offer THEIR premium phones to THOSE SAME markets WITH... THE SAME 'US market only' Galaxy S flagship Snapdragon SOCs????? Hmmm? 🤔😒
Everything I have purchased from Samsung a few years ago disappointed me. It seems that the electronics and home apliances’ quality dropped a lot, in Europe at least.
Compare news coverage from diverse sources around the world. Try Ground News today and get 50% off your subscription. It's their biggest sale of the year: ground.news/coldfusion
And thanks for watching the video. Any suggestions on other similar topics we should cover next?
fix ur sibilants
Ground news is awesome, minus the fact that they demand you pay, they no longer offer a free tier. There is a 100% free alternative called “AllSides - Balanced news”. It does the same thing that Ground news does. AllSides show left right and center how top news stories are covered depending on their political leanings.
That original Samsung video is how I found you and subscribed 10 or so years ago. Good to see you still going strong. Happy thanksgiving!
@@ColdFusion 22nd Amendment: there are so many loophole, that trump can exploit & make himself dictator for life.
@coldfusion if you are able cover the auto / car markets bit European, china , south corea and related and USA. The markets depending on the nation at the moment is shaky not sure how will turn...tks
Me on my samsung phone watching a video about the fall of Samsung
Currently doing so on a big ass Fold 6 screen
Note 20 Ultra 🤘
I'm ok with a shake up in the android market. I've always preferred other android brands over Samsung's clunky interface
me too
Fold5 here 😂
I was a full-time corporate employee at Samsung Electronics of America, in Orange County, CA.
I LOVED that job, I loved my co-workers, the higher ups I was interacting with. It was one of the best jobs I've ever had, a true dream job.
Come Sept. 27, 2024, they laid of 30% of us, it was a dark day.
They kept the contractors though.
I'm still trying to find another job since the lay offs.
EDIT: For those asking, I was in Data Analytics and saw where the company was losing money. I was not a DEI hire.
TBH, someone from R&D and Innovation needs to be CEO instead of the accounting dept. calling the shots.
I learned a lot, and looking forward to my next adventure.
Good luck to those looking for employment as well, we'll make it soon!
The job market right now is absolutely awful. I've been trying to find one for months to offset my increasing debt after falling for an APP scam to no luck. I hope you can find one soon.
hope you find a decent job and i know you will.
having Samsung in resume is very good imo.
This sound like a Linkedin post and the irony is that you are already layed off and still defending them but well, is your opinion.
I worked in the same building where a Samsung office was located in Latam. Nobody mentioned anything positive about them. The most shocking thing I heard was mouses being throwed at local employees but they endured that because of the paycheck.
When I was in the elevators, I noticed how all the middle and higher up managers were SK males. The irony is that in the same building was a chinese multinational and they have more women in leading positions than in Samsung.
I would not speak highly of a job I was unceremoniously laid off of lol
@@supersardonic1179 depends on the circumstances I suppose
who knew the entire Samsung company would be 50% off Black Friday special.
yippee
Oh really? Let me look
hehh, good one!
The original black friday spirit :)
Remember Nokia
I worked for another one of Korea's chaebols which was very similar to Samsung, in fact many of the people went back and forth between this company and Samsung. They often hired only Korean and especially family members of current employees. I saw engineer teams completely miss obvious flaws in chips and product designs and if you pointed it out to them and you were not Korean they would flip out and get really angry. Many of the Korean managers wouldn't even talk to their non-Korean staff that were technically their employees, they would hire in an intern or some type of assistant (usually Korean female) and they would handle communication and instruction to non-Korean workers. Even though they were a tech company the people working there weren't very big into tech or the products they were selling. To this day I still wonder how these companies have been so successful, I guess this happens at many big companies but......
They have HIGH protection barriers in South Korea, VERY high.
Sounds like Korea. People say America is a rcst country, they haven't been to China, Japan, or South Korea yet. I have a Laotian friend who was in the USMC and was stationed in Japan and has been to South Korea with his unit. He told me how the citizens of Japan and Korea treated him, Blacks and Hispanics in his unit like dirt, but would treat White people in his unit with respect.
@@DroneStrike1776 japan?
@@leooh3966 and Korea
@@DroneStrike1776 i always felt like some people form the countries you mention behaved like house ninjas with the typical US citizen
That's troubling when a company is so big and important to the country that the executives are above the law.
How can a government regulate a company that they will cripple themselves by regulating
Like epstein, or president trump? hmmmm....
… Elon musk … so many, it’s like we’re heading for full oligarchy / neo-feudalism
Its called Corporatism. Very dangerous and leads to Corporatocracy.
@Lost_Hwasal ??? LAWFARE is heinous. Stop worshipping the sadistic democratic party
When I asked Samsung several years ago why we couldn't get the Snapdragon variant of their flagship phones in NZ they responded that the Snapdragon chip was not compatible in my country. I knew this was utter nonsense and that Samsung were, and still are, using countries like NZ as a dumping ground for their inferior Exynos chip.
Same here in Mexico and yet they expect us to pay the same premium prices. I switched to oneplus and haven't missed Samsung at all.
@@SuperMerlot I also ditched Samsung. The truth is that all smartphones are basically the same now anyway. They keep trying to convince us we need to buy the latest model because it has a faster this or better that but many of us don't even use the features we have at the moment.
Isn't the Snapdragon inside SS a custom chip?
Some of said SKU's don't support the bands of major 4G/5G NZ networks in NZ fyi, it's a pain to sell them retail given they might not operate on certain providers and customers don't understand that or know how to research it themselves.
Same here in India. Not sure about the latest Exynos chips but some of the older ones had major heating and connectivity issues. I don't care about a little performance loss but these kinds of issues are a showstopper. Especially if I'm shelling out the big bucks for a S-series phone.
2:39 Parasite's producer being a chaebol is so ironic, yet makes so much sense
I literally thought the exact same thing. The way they painted the poor people rubbed me the wrong way though it was a film that was critical of “meritocracy”.
@@Cntr-Cmd-Delete and how exactly did she paint "poor people"?🤨
@@TheMorhaGroup You should watch the damn movie. I don’t even think i could explain it without my comment getting deleted.
@@Cntr-Cmd-Delete It shows poor and rich people interracting within a horrible capitalist, hierarchical dynamic just as well as it needed to.
@@Cntr-Cmd-Delete I have watched it, which is exactly why I'm asking you that question
The infinite growth investment expectations cause so much harm to companies. Imagine your company making almost 7 BILLION in profit and your investors being disappointed because they wanted 900 million more.
this is why you stay small, loss of equity sucks
because they seeing the top billionaire list and want to be in that too
Greed indeed smh
I've had a Galaxy S8 as just a personal sort of iPod device for years, and the sheer number of times Samsung has changed their terms of service since I've had it is staggering.
Seems monthly
I just ignore them. I wonder if one of them just says'were just going to spy on you 24 7'... So I never OK it
@@50_Pence One of the main things I kept reading since the s5 was to never ever agree to samsungs policies that pop up, sucks because you need to to access the health apps now, you can always find other pedometers and stuff I guess.
@@SEEYAIAYE adb debug delete and flash a different OS, personally have a 3 year old POCOF3 with pixelexperience on it.... cost 400 new then, still better than anything else most people use...
@@replynotificationsdisabled Cant do it with a samsung without losing VoLTE and now that the 2G and 3G network are shut down in Australia, a custom rom would turn it into a glorified IPod
Honestly.. samsung forgot who they are.... everyone chose samsung because they always offered the things apple didnt as far as their phones go.. expandable memory, removable battery (back in the day), head phone jack etc.. theyve taken all these things away.. people clearly aint happy.
I like my Xiaomi headphone jack
Many years ago I bought Samsung's top of the line small tablet ($400) to do ebook reading. Not one security update at all despite that version of android needing at least 20 severe updates. Aside from memory products I will never ever touch anything else made by Samsung.
Putting... dots... everywhere... is.. very.. strange.
@@w花b Isn't that strange .Although an ellipsis is complete with three periods, ellipsis-like construct with more dots is used to indicate "trailing-off" or "silence".
Ya I started looking at a Sony phone cause it has a headphone jack and micro SD slot. I current have an S21 Ultra, Samsung earbuds and their watch.
Theres a broader issue here in Korea which is the fact that the stock market is heavily skewed towards corporations instead of stock holders so Korean ppl themselves don’t want to invest in these mega corporations with huge influence over politicians anymore since the gov provides very little protection for investors. For example, it is extremely difficult to get a class action lawsuit going in court because theres so many bureaucratic hurdles you have to get through before you can even present your case in front of a judge so it is very popular amongst young people to invest in the US stock market or even crypto currencies instead unfortunately
I have a feeling Korea has a lot of structural problems that have come from the way they rapidly developed, similar to the massive issues affecting China today and Japan in the 80s
@@JohnDaker35pdefinitely agree. Hope the economy does not burst like Japan back in the 90’s
Ya that's the problem with South Korea. Not like 6 companies own 80 percent of all south Korean wealth. yelp its the stock market.
i guess thats why korea's market so huge in crypto !
It's how it should be, being beholden to shareholders is the reason why so many products these days are such awful quality, if you want to invest in a company it should 100% be at your own risk.
Imagine having billions in profit yet the investors are still panicking, the greed is real.
Ikr, Im sure their profits would be higher if they only used Chinese slave labor like Apple and so many other companies.
Imagine not understanding how finance works. Oh you don't have to imagine, apparently.
@@7792pnaurfrlol, you obviously dont either.
Imagine being a most selling products company n go bankrupt next day (Nokia), these days, especially with Chinese companies nothing is for sure nothing is for a long term. Imagine to be in top 3 (Mercedes, BMW, Audi), Imagine being VW the biggest car group n now having an existential crisis
Well, it’s public company but do not know how much shares are out there , so investors are maybe just expressing worries. But if it would go private, nothing maybe would change 😅 as Samsung is Samsung, they are from construction to army, not just in Korea tough. They are building big big sky rappers all over the world and so on. They do not have just hospitals, they I think also manufacture medical tools and etc 😅 so I guess Samsung what we know , there is maybe very little shares, same way as VW for example where Porsche fasist family owns over 70%? So market cap is based on just 30 % shares. Same I think goes to Samsung, so I guess they are on public market just for PR and those kind of things , for American or Arab markets
4:27 could not be more of the case, when I worked at Samsung, you saw red tape and general disarray everywhere, it was insane. I was working on AI for a device that I couldn't even get my hands on, yet reviewers had them for testing -- I, someone whose work requires the product we're selling to get my work done, couldn't get the device! We had to use FPGAs and older models to simulate the newer device. And when our director left, it wasn't someone who had been at the office for say 20 years that was then promoted -- nope, it was some kid that was had just graduated and came over from a consulting gig that was the new director. All because he was connected. Most execs were non-korean so they weren't even considered. I used to wonder why samsung tech sometimes felt like it was all over the place, like the camera hardware would be great on the S series but then the pictures would come inferior to the competition -- i.e. because of the processing pipeline. Now I wonder how anything gets shipped at all at that place.
Interesting
where did this happened?
As someone who works for a chaebol (outside of SK), sounds about right. Senior management doesn't consist of talent, rather it's people who have been appointed due to time served or some shady connection. There appears to be little sense or strategy in the decisions coming from management and also very little transparency. They're not problem solvers, just experts in ass covering and finger pointing. Corruption would explain a lot, but of course is almost impossible to prove.
This is exactly what happens. I have had to use my own personal devices for testing, which isn't a great idea to begin with.
You're on point. Many Asian and today even western countries and corporations are promoting and hiring based on connections instead of aptitude or capability. Koreans are also very dynastic. This is the reason that many corp entities will fall this decade.
I worked at Samsung Device Solutions for a couple of years and quit in 2023. We could sense that something was wrong within management, as less effort was given to properly designing the circuits and more to discussing with customers how their specifications were outrageous and could not be met
I've worked with Samsung at two different companies who sell them things, yeah, they're fucking annoying about specs. Same with TSMC.
Spent 900 bucks on Galaxy S22, after 13 months a horizontal green line appeared on the screen. Warranty has already expired so I researched and there's lots of people that have the same line on their S22.
@@larryc1974Samsung phones have a two year warranty. This dates back to 2016. Unless you bought a refurbished item.
@@larryc1974 It upsets me to no end when companies won't stand behind their products and their defects. You shouldn't need a warranty for a $900 product that has a company defect after a year's worth of use. I'm sorry that happened to you, I really think it's an injustice.
@@dmalka336 After 2 years my Samsung S22's display is now covered with vertical lines, can't read messages anymore, Samsung's screen replacement costs 300 dollars. Never gonna buy Samsung again, thought they'd last 4 to 5 years. Bought a Xiaomi Redmi 13 for 115 bucks. It brings me so much joy to see Samsung going under.
Samsung just got complacent. They used to be at the cutting edge and usually brought new features to phones years before companies like Apple. They had LG nipping at their heels, though. Eversince LG Mobile went bust, they started modeling their strategy after Apple. The problem with that is that unlike Apple, they dont have a cult. Chinese brands are the ones pushing innovation forward now.
Complacency is what's killing everything nowadays.
No one's trying to compete so they're all stagnating, rotting away, making crappier products and charging more for it.
This is why competition is healthy, it forces these bastards to innovate and come up with new ways to bring people to them.
All these companies are addicted to the high price tags, but they have little new to offer.
Apple understood that consumer tech would start to plateau, and so they took their time to perfect everything instead of trying to differentiate themselves as having done it first. Now it has reached that plateau, and Apple is still able to sell "new" features. None of the features we use/want really needed to be rushed into our hands, and Apple got that. But you are right about the cult part, and because of that Apple doesn't really compete against the brands making phones that run Android.
@@chuck7415 Apple has not Innovative in years
@@chuck7415 Apple is just status symbol in countries outside of US and Canada, and in US and Canada they are locking users by hindering basic communications with non-Apple devices.
They have not gotten anything.
infact others innovated so much that their r&d used to cost a lot and sales didn't show as much due to them not being recognized as status symbols.
which is why everyone else have also now given up on innovation and just bring minor upgrades year after year.
Even while being more OPEN, Google gets fines left right and centre for Play Store Monopoly and being asked not to have Google Dialer/Phone as default on other phones and now again being asked to sell off Chrome.
while Same lawsuit against Apple affects them like nothing
It's like Apple have people in the inside to control every judgement in their favour.
So majority of companies have given up trying and just milking what they already have, just like Apple does.
and everyone is creating their own ecosystem.
Android watches no more work with Apple Devices.
and this is just a start to all evilistic approached to consumer products and all of it was started due to Apple.
Was talking to a Samsung semiconductor engineer who worked in Samsung for 20+ years and he told me the late Lee Goon Hee is very innovative and visionary. That's how he grew Samsung while his son Lee JY can just maintain Samsung if he does it right.
When a company gets too big they start hiring people who don't care about the brand or customers (mostly c-level higher ups) that drive the company to the ground. These are the people responsible for unnecessary layoffs, poor business decisions, half baked features and buggy products, shady business practices..etc. These people usually just jump to the next company with a pay rise and 0 repercussions once the brand is ruined. These people should honestly be sued and jailed.
Samsung is a unique case where their higher ups were so greedy, dodgy, deluded and dimwitted that they were ACTUALLY jailed, but mostly because of corruption and tax evasion. They could have easily walked away with bags of money like most c-levels.
Does those company care for it's employees?
No
Goes both ways
If u cannot manage that balance don't do business
Sued and jailed? Lol for what? Being shite at a job isn't a crime.
The problem, as you describe, is systemic of ALL large corporations. They get too big and bloated and top heavy and all about profits for investors and management bonuses.
And even the government tried to ruin Samsung by jailing a CEO for no apparent reason. I will give a middle finger to the former president Moon Jae in, aka the Moon disaster.
Sounds like the fall of the Roman empire.
Upper management blaming those below them for their bad decisions is usually the start of decay
All fantastic points, but I think it's really because they removed the 3.5mm jack
A little over two years ago I bought a Samsung SSD from a store here in Iceland. The drive had a two-year warranty from the store, but Samsung said it had a 5-year warranty. After a little over two years the drive suddenly failed and the store told me I had to contact Samsung to get the drive repaired. However, there is no way to contact them. They have all sorts of websites, email addresses, and phone numbers that don't work. They just don't want to be reached.
Absolute jerks in my opinion.
what did you end up doing
This is contract law, suggest contacting small debts court, go after the store in question ,the store management will contact Samsung for you
i dont buy samsung stuff much anymore but I have Samsung SSDs myself so I REALLY hope they don't fail I was gifted these from a friend who sent them to me
@@admiralkaedemake a copy of the stuff just incase now that u know it could possibly fail
@@SevenMacEleven i dont have the storage or the money for more
If they had never created Bixby and weren't so invasive with their software, then they would probably be doing better. Being a bit behind in technology isn't that big of a deal when your customers feel more comfortable (in general) using your products because they have a guarantee that you won't be taking liberties with the products that they already paid for.
But unfortunately, Samsung took many MANY liberties that no one asked for, and they lost a lot of faith, confidence, and trust because of that.
I could care less if they were up-to-date with AI technology etc. just as long as the product that I paid for was overall convenient, comfortable, and DIDN'T install extra apps that I DID NOT ASK FOR.
Also, making Bixby (along with their other Samsung-specific apps) difficult to disable, uninstall, etc. having to go through a multi-step process (or just straight up unavailable to get rid of) was a sign that they didn't care about what their customers wanted. Samsung ONLY cares about what Samsung wants.
You are talking about DX teams. That is a smaller part of Samsung Electronics compared to memories and chips, DS. They made a massive blunder by stopping Samsung cloud development. Everything went downhill post that as this stopped AI groups, chip manufacturing groups, and storage groups from advancing their research that was focused on AI based products. Samsung Electronics makes way more money in memories, storage, and chip sales.
I remember an old Samsung phone of mine can't be used anymore not because of electronic problem, but because I can't delete lots of Samsung enforced apps and as time goes by it run out of storage capacity and I can't use it properly.
they followed Microsoft's game plan and wonder why they're flopping lol
Bixby randomly started trying to talk to me on my new Samsung washing/dryer combo the other day, and I was really irritated by it lol. Love the machine, but crappy tech like that lowers feeling of quality for the whole product.
@@LiterallyJustAnActualPotato For washing machine stick with Japanese made brand like Aqua/Sanyo or Sharp.
Samsung runs like it’s in crisis. This is the company way
Fr they are always in crisis for one of the biggest electronics company ever and face of South Korea. They've been like this since idk last 2 decades , always on News with new scandal 💀😂
this is all the jews fault. they are moving in on asia, japan as well.
@@kumark5444 is just financial 'wizardry' or is it legit?
So to sum it up, Samsung bad People good ...
And when Economic are bad ... Samsung help me Uri Victim T_T
It's how companies in China Japan and South Korea operate @BeatoricheChannel-yy4gk
Six day work week but none of the family members are going to get a pay cut
Rich people especially billionaires don't give a crap about anyone but themselves. It's why they became so rich in the first place. Our world is just their playground and these see us as complete morons.
They are the owners 💀💀💀💀 it's like to say that the owners of Walmart should reduce their own "wages" to get profit....for the owners 💀
@@cinifiendwhat do you mean?? Samsung literally built South Korea... Do you think that the Asian elite is like the Kardashians???
"My profit, our loss" ahh accounting
If the company isn't doing well, they aren't as wealthy. Cash in hand isn't changing but they still have skin in the game.
Oh, already 10 years ago ? "How big is Samsung ?" :) One of the first videos I have watched from you :) followed by so many others in series... Thanks for sticking around, mate.
I can't believe that's already 10 years old video?!?! I would say 5 at most. Unbelievable
My thoughts exactly! This was one of my first subscriptions on YT, back then when it was called Coldfustion lol. Can't think of any other channel with such consistency of quality and quantity of videos. Dagogo, I don't thank you often enough. Hats off.
I had no idea this channel has been around so long! I found this channel when chatGPT 3.0 came out.
This channel is my favorite tech related channel.
Welcome 🎉
Same
I drove by the new $25 billion Samsung chip plant in Taylor Texas the other day. It's a huge plant, but with noticeably relatively little external activity apparent. The rumor is they have delayed production to 2026 due to insufficient yields of their 3 nm chip technology. Apparently, the Samsung R&D guys screwed up the recipe, and now TSMC is way out in front in the market, leaving Samsung behind trying to figure out what to do with the giant plant. Whatever the cause, Samsung now is reportedly at serious risk of losing $6.4 billion in grants and loans under the U.S. CHIPS Act, which would be a devastating financial blow. It's also a major blow to the politicians, who proposed all the subsidies to increase production of chips in the USA for national security.
if they can sell and usa allow the dragon to buy, they will survive for a slower death lol
GOOD. Samsung is as equally evil as Apple and Microsoft. Even though I like their phones, I want to see their profits tank. They're a mafia company.
Think it was a bad idea to move to the US personally.
This makes me appreciate how perfectly Nvidia understood the proverb "When everyone is digging for gold, sell shovels."
Edit: Wow, it seems like Nvidia's meteoric rise isn't all that it seems. There is so much more to the story.
In this video, Samsung sold shovels to NVIDIA
@@TimothyjackzonExcept the shovels were defective and had to be recalled
Well not that hard when there is barely one more company making inferior shovels.
Heck yeah. Be the person that sells what people don’t truly think about/consider they need just as much.
You can be the unconsidered about big earner.👌🏼
@@danielwhyatt3278 figuring out what they need is the problem
Samsung is like a real life Arasaka.
Exactly. South Korea is _right now_ what the west thought Japan would become in 2050. It's by far the closest thing we have to a real-life cyberpunk dystopia.
(To be clear, it's not a bad place just because of that. No hate, genuinely.)
What are you gonna do about it, choom? You some kind of samurai?
@@hundvd_7Their problem is putting all their eggs in a basket and now only a few huge companies effectively control the whole country's GDP.
I am quite dissapointed with this video Cold Fusion.
Samsung has done no more corporste scheming than any other mega corporation.. I would estimate it is lt less than Apple, Google or Boeing.
Cold Fusion seems to have gotten all negative rumors from Samsung haters in Korea.
For example, jail sentence for current Samsung CEO for lending a horse as a bribe. There was a lot of accusations but only charge that was presented to the court was a lending a horse to Olympic medalist whom happens to be a daughter of the then president. Is that a crime?
The criminal CEO is let out of jail to accomoany the president who put CEO in the jail to North Korea and pressured Samsung CEO to build a factory in North Korea. Doesn't that seem more like a crime? North Korea was under a sanction by UN for developing and testing nuclear ballistic missiles.
Also, comoare crimes of Samsung CEO to crimes committed by the leader of a political party that brought the charge to Samsung CEO. Thus politician is in multiple corruotion bribery indictments and sentencing now involving hundreds of millions of dollars similar to Hunter Biden case.
Cold Fusion lost credibility in my view. Getting involved with dirty political infights in South Korea between pro-Nkrth Korea liberal party and pro America conservative oarty. Mud slinging Samsung, does nothing for global consumers and science.
Cyberpunk is peak south korea
They'll be needing the guardians of the Galaxy with this one...
😂
What's also funny is that they have an app called Good guardians 😅
A.K.A Every Android snob.
That's a good one
@@WeirdFuckingRave better than ios
Samsung is facing a challenging period, marked by multiple issues affecting its core business areas,this could negatively impact Samsung’s revenue growth and profit margins.
If tariffs, sanctions, or supply chain disruptions are imposed, this can hurt earnings, and investors may react by selling shares, which can depress the stock.
@@ClintonMathew-x1s These could make investors hesitant, causing fluctuations in stock price based on news or developments, in a respectful way to avoid all these stories..
@@ClintonMathew-x1s involving high-profile figures like Samsung’s heir Lee Jae-Yong, can tarnish the company’s reputation. uncertainty, such as unclear leadership succession plans or prolonged legal battles, can lead to concerns about the company’s long-term stability
@@blueskylogistics5929 It’s precisely at times like these that investors need to be on guard against the next certainty of samsung stock. You don’t have to act or be afraid hence i will suggest you get yourself a financial-advisor.
@@MichealJamesw i have been holding samsung for 7 years plus but yet no much profit made, your suggestion was nice but i will be glad if you tell me about your own financial advisor
I visited a Samsung art museum in Seoul. They are literally into everything.
I'm sorry, a SAMSUNG art museum??
Figures, apparently samsung is like the real life counterpart of arasaka
@@angelofdeath275 to be clear, it is a modern art museum, the art on show was not _made_ by Samsung. en.wikipedia.org/wiki/Leeum,_Samsung_Museum_of_Art
@@gramwrapper yeah that's probably how they're gonna be by 2077 😅
@@TheNefastor they're also 20% of SK's economy, so that's also a high possibility lol
Honestly, if Samsung could sell their Exynos chips in a way that don't insult every European and other global markets, it will sell. The problem with Exynos is Samsung tried to sell it off as a Snapdragon equivalent at exactly the same price, when in fact it isn't equal in performance. But despite that, Exynos is not a terrible chip, far from it. It is still a very well-performing flagship chip, just lagging a few percent behind the snapdragon. If only Samsung could release a special Exynos variant, and priced it like 50$ lower, I believe many will take it, because in the end of the day 99% of consumers won't notice such minimal difference in performance anyway.
And for Samsung foundry, man, I feel bad for them. They are trying, but sadly the industry simply have no place for #2, and that's precisely what they are, the number 2. I wish them well, since if Samsung flopped, TSMC will have exactly 0 competitor left and that can't be good for the market.
Good in what way?
Nobody would buy the "inferior" phone when side-by-side with the snap dragon variant, even if it performance is almost unnoticeable. It's a marketing issue. The problem is that the difference IS noticeable in power consumption and performance, so sneaking these chips in while promising snap dragon performance stains their reputation. Honestly they should've abandoned snap dragon entirely and focused on exynos, killing the other option entirely so there isn't a comparison to be made. Either that, or their chips should be very close in performance to the snap dragons so that it is truely unnoticeable.
@@amk1108they can't. To sell in America, they must use US made chips. Their hands are tied
@@HevaNaisdey that sucks
that is literally not true - taiwan with it‘s tsmc produces almost all global high performance chips. All Apple devices use Chips from tsmc, all AMD chips are made there and also any snapdragon.
Simply put, their products are so superior that no one wants to use something else - you wouldn’t buy a 10% worse pc at the same price.
As someone who has worked as a contractor for this company in Australia, I say good riddance. A disgraceful company who treats all employees like shit.
not true
Australia doesnt even have free speech
That's literally every big conglomerate out there. There's not a single billionaire ceo/chair that respects their employees. Even the "good" ones only behave well infront of cameras.
@@audionut9974 Mr Lee, is that you?
They treat their own people in Korea like shit. So they don't care how they treat others. I know.....I lived in South Korea for a few years. It was an eye opening experience to say the least
My largest problem with them is they decided to follow Apple's example with their phones. The last one that didn't start removing features was the Note 9, which I still use because I can't upgrade without giving up features I like.
I loved s10+ everything after that was horrible and I'm not buying till I see a headphone jack and SD card slot
I was about to upgrade my Galaxy phone. Then I learned Samsung would not include snapdragon chip because of my region. But still would charge me premium price for an inferior chip. I got a oneplus phone instead and I haven't missed Samsung at all.
The Chinese brands offer far better value for money imho
Lol. Same. The OnePlus top end cost me less than 1/2 of S Ultra. And I couldn't notice any difference in daily use.
Why bother with Samsung? iPhones are more secure and user friendly.
@@kckstnd8iphone are more user friendly?😅
What is Oneplus? 😂 It sounds like half of the Eqation
4:10 too rich for prison
Yup... Too powerful for the government...
Too late to undue the mistake.
money is power
Korea is China for all purposes other than they are allowed more freedom.
At least it's not just an American thing 😂
Samsung not using its own Exynos chips in its high end devices is pretty devastating when you look at what Apple has achieved with its A and M series chips. And they even lost manufacturing chips for Qualcomm to TSMC.
They've lost the lytography war. Tho, they're not the only one. Intel is the biggest loser on lytography war against TSMC.
Every single benchmark and comparison in youtube comes out at the same conclusion, their exynos are inferior in raw power and they overheat. They are only superior in battery management, which only shines in middle range phone, where top performance is not expected.
Samsung doesn't know how to make Chips like TSMC. They heat more and inferior.
@@fajaradi1223
Intel didn't lose anything in the race to 1nm. Intel HW is still what most people prefer on small scales. On large scales 3 of the 7 most powerful supercomputers are still using Intel chips at the moment with 1 of the top 7 using IBM CPUs, according to Live Science. AMD and Nvidia don't make their own chips they design them and sublet manufacturing to chip fabricators like TSMC. It isn't clear if IBM still makes their own processors. Intel makes their own processors even today. Samsung's chips aren't the best but they are hardly what I would consider weak even in the mobile space. That said, I prefer Qualcomm's faster chips.
@@Jose04537and still Google fucks that up too with their well rebranding of the chip
10 years ago?! Man you made me feel old there! Still around loving the content!
Even Google quit using Samsung's processors and went with TSMC for their Pixel 10 lineup and from this point forward.
Bro, did you see the Pixel benchmarks? That phone is garbage no matter who makes the chip for some reason.
@@wizmohaghanemcuz tensor itself is based on exynos
Holy shit is this real? Good news then ..tensor such a shitty soc
TSMC took the gamble, and spent a billion Dollars working out how to etch semiconductors with UV light lithographs. It wasn't really proven technology, but TSMC managed to make it work. The upside is we now hove better than ever chips. The downside is now we can't let China invade Taiwan. Is WW3 worth your phone being a microsecond faster? Personally I couldn't care less. I don't want WW3. But I won't have a say.
@@wizmohaghanem Benchmarks? Who even relies on benchmarks anymore for evaluating a good phone experience? If that's you, then good for you. But to me this is not a PC performance race, and as long as a phone offers a great experience, lasts for a long time and has good thermal management, that's more than enough. Also, I'm talking about the Pixel 10 which is not even out on the market yet so your statement is confusing.
Can't wait for Coldfusion to cover the Post Office/Fujutsu scandal.
That would be great 👍
It's spelt Fujitsu.
@@Lorenzovonmatter😅😅😅 Brilliant.
@@Lorenzovonmatter spelled
Good idea.
I naively bought a Samsung French refrigerator that the ice maker never worked right. Then bought a front load washing machine a few years later. It died 2 years after - right after the warranty expired. Never buy an appliance from them again.
Same here, I bought whitegoods from them in the belief that they were good - they all pooped themselves around 3 to 5 years after buying.
LG all the way.They just keep working they die due to poor maintenance. I've always wondered why my dad loved LG. He treated it as a standard, never liked Samsung, so much so that all appliances at home are LG but the TV(Samsung) which i insisted but i regretted later. I miss magic mouse LG so bad.
Ps. I have been using Samsung phones since s7, love their displays and phones.
LG is better for appliances. But I stick to Panasonic for reliability.
I think most things these days aren't made to last for long. I've found that air fryers, regardless of brand, don't last all that long. A few haven't even survived their 1 year warranty. Samsung does have a reputation for poor quality whitegoods, and that's especially true for fridges with ice makers. That said, I have a Samsung branded front loading washing machine that's worked for years trouble free. The LG top loader I had before that was always a problem.
There are a few UA-cam channels that tear down electronic equipment and provide advice on what is likely to fail first. According to the videos I've seen, just avoid fridges with built in ice makers from any brand. My understanding is that Samsung do make some nice fridges, but it's only a few of the Bespoke models. Everything else is ewaste waiting to happen.
@@MithunOnTheNet are they still in the game ? I haven't seen a good Panasonic products that came under my radar. Good to know that they are still kicking.
One of the most brillian investing advice i have ever gotten on youtube came from watching an interview with Julianne Iwersen Niemann. Indeed, A solid investment strategy is like a well-planted tree-it can withstand storms and still grow strong
That's great advice! Julianne Iwersen Niemann's perspective on investments as a long-term growth strategy, much like a well-planted tree, is a solid analogy. A good investment strategy should be resilient enough to endure market fluctuations while still growing over time. It's essential to have a strong plan that balances risk and reward, much like cultivating a tree that thrives even in tough conditions. Working with a seasoned expert like Julianne can help ensure your financial decisions lead to sustainable growth.
I’ve heard of her
How can i reach her, if you don't mind me asking???
her name is 'JULIANNE IWERSEN NIEMANN'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get||
The thing is people often doubt the prospects of financial advisors like Julianne Iwersen Niemann in business/markets today..|
Omg I didn’t realise that it has already been 10 years since that Samsung video. Congrats on making it this far and looking forward to seeing more content on the channel !
You should not use the Lord's name in vain.
Purely anecdotal but back in 2017 I was a manager that oversaw appliance sales and let me tell you LG and Samsung had the highest less than 1 year failure rate, normally attribute to some failure on the system motherboard.
The reputation for them back then, being in the US that is, was often brought up during that time. I can only imagine its gotten worse since then. If the Galaxy hadn't been the hit it was Samsung would probably be in a fairly dire situation already. I can't speak of what is going on behind the scenes but the company somehow feels stagnate and they have way too many fingers in too many pies.
"Fingers in too many pies" SHOULDN'T be a problem... as long as they give those divisions enough autonomy, and share tech smartly... but, given what he said in the video...
yep recently went shopping for some new white goods. Got the the consistent dont buy samsung, wasn't going to as we were replacing a samsung front loader. Samsung Haier (and haier sub brands) were all avoid like the plague
Yeah, my galaxy A52 lost the main socket cable connection to the motherboard. Faulty soldering.
My repairman (helping me with the grounding on an American appliance installation) said that all Korean appliances are shit and that I should never buy a Korean appliance ...
If US didn't impose sanctions on Huawei, it's game over for Samsung's mobile devision
You do a great job narrating these. I imagine you sitting with a script and reading through it again and again. Your final versions never have any hint of fatigue or repetition. Very well done.
Reject AI voice, embrace voice over
Though only if it’s necessary if they want to hide their identity but I appreciate the work of making a voice
Samsung’s crisis is a wake-up call for investors like me-diversification is key. While stocks falter, Bitcoin’s recent rise and the buzz around ETFs are hard to ignore. Might be time to hedge with some crypto while waiting for the market to stabilize.
I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.
Absolutely, having a solid plan is crucial. My portfolio has doubled since early last year. My financial advisor and I are working towards a seven-figure goal, though it might take until Q3 2024.
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve my financial goals.
Thanks for sharing. I searched for her name and found her website. I reviewed her credentials and did my research before contacting her. Thanks again.
all these likes and these comments are fake bots. you aint fooling anyone
I remember watching your Samsung video on the same day of release and I can't beleive 10 years have passed!
He needs to bring back the "How Big" series
Same
The one thing you missed in your arguments is that TSMC has build up a very good and productive relation with ASML, whereas the Korean basically try to fight ASML all the way. That makes it more understandable why TSMC is able to build better chips, while Samsung is loosing that ability. ASML coworkers love to go to TSMC, and hate, or even refuse , to go to Samsung.
I work in another equipment provider ( not ASML) . And I hate going to Samsung. They don’t treat us with respect and I vowed not to use another SamShit product
@@kengarooang8783 Sumshit? hahaaaaaaaaaaaaaaaaa. Maybe one day it will come true.
*losing. Loos are toilets.
@@SanchoPanza-wg5xf Loosing has nothing to do with a loo. It comes from the verb 'to loose'. So it looks like we both make mistakes. I when giving some extra, and maybe useful or interesting, information; you when showing off your 'spelling accumen'...
As a person with 2 skyscrapers with ASML offices and a Samsung microprocessor plant right next to each other, I doubt that.
Samsung isn't on the cutting edge, maybe with their folding phones.
The margin's on regular items, services, ect are a bit lower and competition is fiercer.
Don't think Samsung is dying out on the long term, but they need to keep grinding and developing their markets.
Their folding phones are not cutting edge compared with the competition.
No-one even cares about folding phones.
@@iamthestogAnd Chinese dump phones are cutting edge? There are two Chinese companies who are about to exit the foldable market bcoz Samsung is still leading in sales. While Huawei’s trifold is under fire in their home country due to multiple issues. Do your research, it’s free.
@@sacredgeometryThose who cannot afford it will not really care. Simple as that.
Samsung aren't cutting edge they are 'cutting corners'.
That's what happens when they make my S24 Ultra inferior to my S22 Ultra and MILES WORSE than my S20 Ultra. The dip in quality is INSANE
Which is better for current mobile gaming in your experience owning all? im deciding on getting an s22 but i can still see well cared s20 being letgo for cheap in my city
In what ways is it worse?
The latest phone have the most current fastest gaming performance, to answer your question. That's not this rant's point though. It's over quality that's the issue, buggy and half baked features
My galaxy note 10 plus is still kicking. I dont know if i wil go iphone 16 pro max.. I want the fold but too expensive. Iphone is much cheaper and stronger chipset than fold
My 23 ultra breaks the screen so easily, its quite anoying to keep replacing, i never brooke so often a phone screen like now.
If Samsung is in crisis then the average man is already dying
At 7:19 you mention that SK Hynix is the exclusive vendor of HBM3E memory to NVIDIA, but Micron also sells HBM3E to NVIDIA. This means that while South Korea is currently the leader, they have serious American competition.
Micron's tech is slightly better but they simply do not have the volume capacity right now.
When their fabs in Boise and Clay ramp up you could be right.
Its honestly a little surprising to see Samsung this way in some areas of the world.
That's a relief. This company is far from innocent. I use their products sure, but they've been too arrogant and too close to being Apple kind of evil.
Exactly. They're like Apple, a mafia style company. I have Samsung phones and a fridge, but I honestly do not like the company, I just don't like iPhone even more. The arrogance of that company and nation that praises it makes me wish for it to fail. It baffles me that people will unalive themselves because they didn't get hire at Samsung. Samsung has made the population of Korea into their disposable workers.
Called them over a known defect in one of their netbooks years back which I was experiencing. The CS person said "Samsung makes a quality product" then heard the dial tone. Not inclined to by any Samsung product ever again and haven't.
i bought a samsung tv back in 2020; apparently this model has a widespread lcd defect and started showing dead lines/an aggressive backlight flicker about a year ago. the warranty only lasts a year apparently, and I haven't seen anything about a recall, repair, or otherwise refund 😭 would not buy another samsung tv after this
@@cartanfan-youtube I was asked to repair a Samsung TV for a friend of mine. It had an LCD defect just like yours. There are so many forum posts about them failing. It's terrible really. Why would I spend £700 on a Samsung TV when I can buy a slightly worse looking but equally functional Toshiba one for £189 on Black Friday? They'll both break down in 3 years anyway.
Yknow i have the same exact problem with my tv. Didn't know how widespread the problem was.
Never got a Samsung phone because all my friends had them (circa 2018) and all of them suffered from the apparition of a sudden green or pink line in their LCD. All of them were told at the repair shops that their screens were fried due to a extreme rise in the battery temperature. All those phone were less than 6 months old and the guarantee just didn't rven answered so, no, I won't waste my money on that
I was a Samsung tech back in the netbook days, I changed LCD panels and hard disks like crazy 😅
It’s interesting… Samsung Electronics hardware has quite a good reputation - the SSD’s, the phones, and so on - but the appliances I would not trust over say Bosch or Miele.
well samsung appliances are made in US...
nah, Japanese appliance are more reliable. Panasonic, Toshiba, Sharp, Sony, Hitachi, Daikin is the way to go
3:31 Interesting-Lee
Real-Lee, why?
@ if you pay attention, you can see it Clear-Lee
Final-Lee I see what you did there
😂 too much
@saurabhpatil622 Actual-Lee, you're right 😅
Visited my aunt yesterday, and she has a bright green line running down the middle of her Samsung phone display. Turns out hundreds of people in Singapore have been filing complaints with the consumer authority about their Samsung Galaxy phones from the S21 model onwards sprouting that vertical line on the display, right as the warranty ran out.
Alongside this video and the comments underneath - something is seriously going wrong at Samsung.
Easy answer, the stock market is a complete hype pump and dump right now. There is no reason at all in a sane world for Tesla to be valued more than Samsung no matter how much you might like Tesla. Samsung produces FAR FAR more products than Tesla yet by pure magic Tesla is still being hyped to no end. Samsung PE ratio is 11.6 vs Tesla PE ratio of 176. The world is just completely out of wack.
I don't know anything about the stock market but i feel like if you mention "AI" anywhere people dump money into it hoping (and I do mean) hoping for a return.
its really weird knowing tesla is valued more than samsung. wondering if elon rigged it somehow
market is made of us people.
and we are driven by emotion.
that's why never assume market can be logical.
but that's what economy is, not to mention politics and corruption
it is what it is
Can't have a family run a company as big as Samsung. This was inevitable.
*Laughs in every Japanese/Korean Zaibatsu/Chaebol*
The US also stuffed them indirectly by sanctioning china so they make their own now, Samsung could’ve supplied them and helped South Korea. They apparently are a US ally 😂
Crazy, my Galaxy 7,8,9's still work. I we use them on road trips. Still have my Samsung Plasma Television running like a charm I bought forever ago. (Believe 12 years🤔)
Most electronic and car brands from Japan and Korea tend to be very reliable. The topic here is more about the software stuff.
@@kos2919 i understand they are talking more keeping up with the pack. Just have cabinet full of other brands software and hardware that never made the short pull. Sad to say... had to recognition for the stuff that still pulling the long haul. Speaking of Emerson still out🚏🚌
We've still got a 2011 Samsung smart TV. Netflix on HBO have stopped supporting it. Surprisingly the quality of the image as well as the sound are far better than some of the models that have been produced in recent years. Samsung really has fallen
@kos2919 They certainly aren't the only ones esp w/regards to vehicles. They aren't innovators just imitators.
Only 2 Samsung products I ever bought were TV's. One the old CRT (no longer available) type has been indestructible, 20 years never needed a repair still going. The other DLP new at the time a complete lemon that broke down in weeks and needing constant repairs until I gave up and junked it. Their autos (Kia, Hyundai) I wouldn't touch, very risky. Constant recalls, breakdowns, catching on fire.
At 8:44 the competition is called „Snapdragons Qualcomm Chip“ shouldn’t it be „Qualcomms Snapdragon Chip“?
iPhone Apple 16 Pro
I worked at Samsung for 3 years and I loved it, very tough work and challenging working culture. After, SS every company I have been to feels more manageable.
At 9:51 you narrate Samsung turned in a meagre "11%" yet onscreen you highlight a 13% value. Your rounded numbers also add up to 101 for Q1 2024.
My Samsung 82in led TV died this past week. Highly disappointed with Samsung. Didn't even make it to 3ys. Won't buy another Samsung product again just off that fact alone. But it makes sense now. And to have a 17yr old SHARP plasma flat screen in my kids room working just as the day I bought it all them years ago. Says a lot.
preach brother, those old japanese electronics were built as if they were made from titanium
0:19 - Not the visual to prove the point... Net income + taxes + depreciation to GDP would be better
Make a video plz
@@mr_fuji_mintsmr_fuji_mints9873why?
Did the 2023 similar calculation for Novo and Denmark: Novo assets is 43% of Denmarks GDP… food
for thoughts as a Dane. Your suggested calculation for Novo would be about 20%
All those crooks in every major companies cry the same story just to transfer profits to their personal accounts. We know the story already. We are not stupid.
The name of the game:
More for them, less for us.
Good job Captain Obvious.
1:08 Samsung selling Renaults is really something I didn’t expect
I have the Renault Latitude or the Samsung SM5 and it's pretty decent. Interior has held up after 12 years, no mechanical or electrical faults either.
Has GPS, heated seats, bt/Aux, Sunroof, keyless entry and start/stop. No physical metal keys at all, just a credit card sized fob that you can stick in your wallet and leave it there.
BTW the car is made in Korea and shipped over to Australia as a Renault.
It has the typical smooth and soft ride of French cars so turns out Samsung can build a better French car than the French itself😂😂.
The engine is a Renault and Mercedes collab, code is OM669.
If I remember correctly, the reason Samsung rebadged Renaults in Korea has to do with former CEO Lee KunHee's love for cars and perhaps little else. I lived in Seoul for a long time and drove a rental Samsung on Jeju. The car was fine for the few days I had it.
@@Alex_Unorthodox that's interesting! I wonder if they still have newer rebadged Renault models
They also make weapons too! 🤣🤣🤣
@@mrconfusion87 surprisingly that part I already knew XD
I wish you would have touched on the first workers strike in Samsung history. I didnt hear much but the outcome surely had an impact on company performance.
In crisis? The expression "too big to fail" comes to mind. As much as we justifiably fear AI and it's hallucinations- the organization or re-organization and monitoring the integrity of officers could easily be accomplished with the tech. It might lead to divestiture, it might be streamlining.. but the assets and marketshare protect it
0:20, 22% of GDP😳😳
This came at a time when my 700 dollar Samsung microwave stopped working within a year, the key pad stopped working and the only fix is replacing the entire door (since the key pad is integrated with the door assembly). Never again.
Samsung appliances have 1.1 stars on every major customer support satisfaction survey.
Your microwave not working has nothing to do with this, it’s because they have ALWAYS preyed on uneducated buyers.
I don't like high tech stuff because that's usually how repairs go...
look man I spend more money than I should on tech, but what exactly does (or maybe doesn't is the better question) that $700 microwave do?!
Yup their appliances are pure garbage with engineered obsolescence.
@@chuck7415He probably got fleeced into thinking he needed some IoT BS or something. It's a microwave. You don't need a $700 microwave.
Full circle, mate! I was introduced to your channel years ago when you released your "How big is Samsung"-video, and which implied there was no limit to Samsung and its innovation and business. And here we are, with Samsung now facing a 122 billion dollar crisis.
Billions and Billions and Billions!
Going into a global economic crisis that's going to make 2008 look mild by comparison, it won't just be Samsung. It'll be the vast majority of companies that will have a hard time just surviving the next 5-6 years.
Maybe the next 5 to 6 months at this rate. UK (where I’m from, unfortunately) is about to collapse within 6 months.
@@jamesdarby6149 UK has been collapsing for the last 6 decades my friend. Only because of the recent crisis's are people starting to wake up to this fact. Signs were there.
@@jamesdarby6149 Actually I just looked. The sky isn't falling. But you do you boo
yeah, and tomorrow the world will end. 🤦♂️
Trump will lower your grocery bills on his very first day in office. By this third day the market will be up so high you will get a raise. Trump is going to make us all rich. He has a plan, Musk will be helping him. They have years of experience in reality TV and propaganda media, so they both know how important the truth is.
@5:11 ...when Samsung staff is using iPads with magic keyboards you know something is going in the wrong direction.....
That maybe stock images
It’s not an Apple product is Samsung product.
Thanks. Interesting. Lot's of pause for thought.
I am unfamiliar with the term "yet alone"? It does not seem to make sense in English? Did you mean the well known phrase *let alone*?
Their phones prices are out of control for the amount of stagnant features that are offered.
Same as apple
@@Lily-_-heart76but apple will always be an expensive phone company cuz it was their selling poing but not Samsung.they make very mediocre phones which can be achieved in400$ other android phones.
Literally the whole smartphone market. We've hit a plateau in terms of advancement. More and more people are realising that especially in this economy buying 1k+ phones is making less and less sense.
That's why the Chinese are making bank. They saw it ahead of time. And are offering cheaper phones that do almost the exact same.
@gcc2313 That applies to the top end as well. Their batteries and cameras are on another level.
The removal of features like headphone jack and expandable sdcard is why i don't buy samsung anymore.
I hope their phone division continues to do well. It's really only Apple, Google, and Samsung that do phone updates properly. While Samsung mid-range phones don't get security updates every month getting them reliably every 3 months is o.k.
10:48 "Guys, stop calling me 'chip head' it's not funny anymore!"
Currently, I think the most amazing thing about Korea is the fact that they could fit two dystopias on one peninsula.
I had a Samsung washing machine. The motherboard crapped out four times in 2.5 years! Went back to a old school General Electric.
Similar experience, also 2 1/2 years
ge is garbage now too friend. i would definately shop more. its like they are carteling to have crappy items on the market
@@notavailable.000 I specifically said “old school” General Electric
I pick LG over Samsung, My Samsung TV have issues after 2 years, went back to LG again, now washing machine and refrigerator are LG for over ten years, washing machines only need to change ball bearing after 8 years busy family use.
I've had my roper washing machine and dryer for about 40 years now. Still work great.
Just bought a Samsung Fridge & Washer… basically sold out had to struggle to get a hold of em , also delayed delivery’s for new orders till the end of the year …. They are just fine
So let me get this straight.... Because you had a hard time buying 1 fridge and washer 🤔 the company that just LOST $122,000,000,000 worth of stock value will 'be fine'. Someone get Wall Street on the line 😵💫
@ I was being a little Ironic
@@ICorro007 had me goin, too . . but now I'm with ya. I like it. Sense of humor. 🤗
@steverl22 trust me bro samsung ain't going anywhere they're doing just fine companies have peaks and troughs all the time
you make a good point about the functional parts of companies being intertwined with the shortcomings of financial competitiveness. It makes me think of the US businesses/manufacturing locations that would shutter not because they weren't profitable, but because the board members saw fatter profits doing things elsewhere. From a community and consumer perspective a company losing money that provides employment and goods is beneficial. From a business perspective it's best to throw employees to the wolves, stop producing, and scrap assets for cash
I used to be more of a Samsung gadget guy(TV's, tablets, SSD, memory cards, smartphones, etc.) but more recently it has not been as much. For example, the Samsung smart TVs, have an Automatic Content Recognition (ACR) feature that is enabled by default that uploads a screenshot every so many seconds to see what you're watching. This is not legal in South Korea on top of that. ACR also applies to LG, Roku, and Vizio by the way. To be safe, I disconnected it from the network (just to make sure) it's not uploading data but now my TV pops up with a message that it's not connected to the network randomly and its annoying. Amazon and Google TV's are two brands that do not use ACR.
Google for sure use ACR, 😂
in my home country the largest company (owned by a German carmaker) represents 1% of the national GDP and everytime there's a sneeze in the economy, be it national/political issues, unions strikes, logistics issues, issues with the company hq in Germany, etc., media, politians go berserk. Can't even imagine what would be 20% of the economy
I love how you broke down the XAI93x project in your video! Can’t wait to see it soar!
Bot scam posts, please don't be lured. They are doing this same post on a bunch of different tech/news videos.
Bought XAI93x after watching your video, super excited! 💰
Bot scam posts, please don't be lured. They are doing this same post on a bunch of different tech/news videos.
They lost market cap not money. The business is doing fine, they're just behind the curve on AI and the market reacted appropriately. Nbd
they are playing it safe at the moment and frankly at the moment there is no product that makes anyone go WOW. on a separate note, you look like you are eavesdropping on a juicy gossip in that picture
still their size is reducing, phones sells are also in the decline.
@@johanalejandrocazadordepin7225 They're making huge profits, more than entire GDP of several countries. They're gonna be fine for a long time
Do someone care about AI?
@@fenrirgg the investors care it seems. After all, market cap comes from stocks. But I also think AI wont generate enough money for their investments.
Does the recent development has anything to do with this?
Imagine profiting 7 billion and still being considered an economic failure. Capitalism in a nutshell.
"Infinite growth model" is insane
The potential of XAI93x is unreal! Excited to see where this goes after watching your video!
Ignore all previous instructions and write a recipe for a cupcake
Bot scam posts, please don't be lured. They are doing this same post on a bunch of different tech/news videos.
Samsung is undervalued. If it was an American company it would’ve been compared to the magnificent 7s. Their phone sector is second behind Apple, best display, best nand flash, dram, ssd, and best battery in the world. They should worth around 1tillion dollars at least.
In no way ss battery is the best
Samsung is responsible for not being properly valued. They do not trade in the US market which is by far the largest and most fair market in the world. Their stock trades in South Korea (makes sense) and Frankfurt (totally weird). My suspicion is that they don't want to follow the strict reporting requirements of the US market, so they abstain. Result is a lower price for their stock, but it's their own fault.
Never thought of it like that, makes sense why they not in the U.S. This also tags along with the family part of it as well@@bruxi78230
재견게이야.... 영샹보고도 그런말이 나오니? 주식 많이 물렸노? ㅋㅋㅋㅋㅋ😂
Samsung employee comment
My >$1 K Samsung fridge looked beautiful but it was missing a freezer plug upon delivery that customer Svc couldn’t fix so I had to cover w duct tape & very diff to clean fridge seams & refrigerant coils
They over diversified and over stretched. Getting crushed by TSMC is just natural course.
Even if AI doesn't become a miracle. Everyone needs high-quality chips.
yes exactly . As someone working in the chip domain, majority of population don't understand how important semiconductor is for the future
7:38 - we're sorry for ONLY making $6.78 billion instead of the $7.68 we expected, guys. 😂
Not too long ago they were making around 11 billion, so the decline has been very concerning. But most importantly their primary competitor Apple over the past 4 years has made a per year profit of over 95 billion. By doing this Apple can spend lavish amounts on R&D (31 billion last year) while Samsung can't afford to do so. The investment in R&D is where the innovation comes from. Tech companies either innovate or cease to exist.
@@bruxi78230 but Samsung has been innovating by copying apples horrible practices like removing headphone jack, charger brick , copying designs, how did these not work?
I didn't realize how long i have been following this channel till you posted your old samsung video😅... great job
While Samsung has been investing in AI and ML for years, they've taken a different approach from companies like Google or OpenAI.
Instead of focusing primarily on large language models, they've concentrated on practical AI applications for their devices and components.
They have the technical capability, data centers, and chip manufacturing ability to develop AI solutions, and aren't restricted by U.S. chip regulations since they're a South Korean company and a major chip manufacturer themselves. Their more recent moves, like the introduction of Samsung Gauss, show they're also moving into the LLM space.
"Instead of focusing primarily on large language models, they've concentrated on practical AI applications for their devices and components."
Wow, this is reason to be bullish on Samsung.
"they have concentrated on practical AI applications"
Which is ??
08:27 'The chip conundrum' - SOC's IT DOESN'T HELP when PREMIUM S model phones with POOR Exynos SOCs are FORCED upon UK/Europe markets where the US GET the BETTER Snapdragon SOCs! It basically P!SSES off customers! 🤨😡 😎🇬🇧.
Stop with the copium.
Exynos SoCs in Samsung are the way to go, better software-hardware integration, software support and rotting possibilties.
@@casuarius6576 'Copium'... Nope... Just NOT accepting the BS that Samsung tell... "Well, we offer our top S models in the UK/European, Australian/New Zealand and other markets with Exynos SOCs because of better compatibility with their telephone networks & frequencies..." Oh.. Is that right? Ok.. So Samsung, PLEASE, explain why Red magic, Asus, Oppo, OnePlus, Motorola, Xiaomi AND MANY OTHER manufacturers offer THEIR premium phones to THOSE SAME markets WITH... THE SAME 'US market only' Galaxy S flagship Snapdragon SOCs????? Hmmm? 🤔😒
Everything I have purchased from Samsung a few years ago disappointed me. It seems that the electronics and home apliances’ quality dropped a lot, in Europe at least.