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Cell/Mobile/Smart Phones

Samsung Unveils Galaxy S23 With 200-Megapixel Camera for Better Night Photos

Samsung Electronics Co. on Wednesday unveiled its newest flagship Galaxy S23 phones, which have a monster camera in the top model and other more modest improvements it hopes will attract buyers when smartphones are a harder sell. The South Korean electronics giant unveiled the products at a live Unpacked event in San Francisco. The company has largely settled into a consistent design and feel for its main line of smartphones, saving its folding-screen technologies for its Galaxy Z…

Samsung Expects Sluggish Demand to Drag On as Profit Slides

SEOUL— Samsung Electronics Co. expects demand for semiconductors and smartphones to remain sluggish as macroeconomic challenges and fears of a recession continue to hurt sales, but it said a recovery could be possible in the second half.Economic uncertainties are weakening momentum for any short-term rebound in demand for memory chips, Samsung’s main cash cow, said Kim Jae-june, executive vice president for global sales and marketing at the company’s memory business, in an earnings call…

How Apple Has So Far Avoided Layoffs: Lean Hiring, No Free Lunches

No company is certain to avoid significant cutbacks in an economic environment as volatile as the current one, and Apple isn’t immune to the business challenges that have hit other tech giants. It is expected next month to report its first quarterly sales decline in more than three years. Apple has also slowed hiring in some areas. But the iPhone maker has been better positioned than many rivals to date in part because it added employees at a much slower clip than those companies during the pandemic. It also…

Tech Nostalgia: BlackBerrys, Dictaphones and 11 More Things We Miss in 2023

THE ADVENT OF JANUARY induces us to make many forward-looking declarations. Many of mine involve my relationship to gadgets, like the oath I’ve taken to stop sleeping next to my phone, which serves as an all-too-tempting portal to YouTube. The difficulty of actually doing this has made me long for a time when technology was less omnipresent, less powerful, just…less. Here, writers of different generations pen obituaries to that bygone era, stories about the tech they miss the most. A lawyer mourns typing on…

Apple CEO Tim Cook to Take a 40% Pay Cut This Year

Apple Inc. AAPL -0.06% Chief Executive Tim Cook has asked for a big cut in compensation this year.Mr. Cook’s total compensation target for 2023 will be $49 million, the company said in a Thursday filing. It said that is more than 40% lower than his target compensation of 2022. The iPhone giant said its board committee on executive compensation took into consideration shareholder feedback as well as a recommendation from Mr. Cook in making…

Apple Chief Tim Cook to Take a 40% Pay Cut This Year

Apple Inc. AAPL -0.06% Chief Executive Tim Cook has asked for a big cut in compensation this year. Mr. Cook’s total compensation target for 2023 will be $49 million, the company said in a Thursday filing. It said that is more than 40% lower than his target compensation of 2022. The iPhone giant said its board committee on executive compensation took into consideration shareholder feedback as…

It’s Not Just You: 5G Is a Big Letdown

What a weekend! After a 5G-powered robot performed surgery on my foot, I took a 5G-powered self-driving car to my 5G-powered house where a 5G-powered drone delivered a guacamole-powered burrito.None of that happened, of course. But you know what did happen this past weekend? I turned off Verizon VZ -1.84% 5G on my iPhone—and barely noticed a difference. The 4G LTE performance and coverage felt just about the same. Three years since the U.S. cellular…

Samsung Expects 69% Drop in Profit on Slumping Tech Demand

SEOUL— Samsung Electronics Co. said it expects its fourth-quarter profit to plunge as the firm’s mainstay memory-chip and smartphone businesses face a sharp pullback in demand, showing the extent of the global tech downturn after pandemic highs.The South Korean tech giant on Friday forecast its operating profit in the quarter ended Dec. 31 to drop by 69% from the prior year to 4.3 trillion won, the rough equivalent of $3.4 billion. Revenue for the October-December quarter is expected to…