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Samsung: Wearables Sales Soared 30 Pct In 2020

PYMNTS

Wearable device sales have shot up at least 30 percent this year as consumers looked to technology to help them monitor their health during the ongoing global pandemic, according to a top Samsung executive. Samsung will continue to invest in these advanced technologies.”. Samsung will face strong competition from Apple.

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Verizon And Samsung Target 2019 For U.S. Release Of 5G Smartphones

PYMNTS

Verizon and Samsung announced on Monday (Dec. Verizon and Samsung will use Qualcomm modem chips and unveil a prototype at Qualcomm’s annual Snapdragon Technology Summit held in Maui, Hawaii from Dec. The delay could prove to be fortuitous for Verizon and Samsung, as the companies fight for Apple’s customers. ”

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Amazon Sets Sights On Southeast Asia

PYMNTS

So where to next for the omnichannel retail giant? So while online retail accounts for about 5 percent of Southeast Asian commerce today, the region’s internet economy is poised to grow tremendously by 2025, with a projected annual worth of over $200 billion. But Amazon isn’t waiting until 2025, or even 2020.

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Singapore’s Mobile Payments Market Appeal

PYMNTS

According to Visa, a third of all credit card/debit card transactions in Singapore retail stores are made with contactless cards. One bank, UOB, has lifted that cap for any retailer that uses that bank’s payment processing. Samsung Comes To Singapore — With Citi’s Support. And unlike the U.K.,

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What Digital ID Will Mean For Daily Life In 2020 And Beyond

PYMNTS

Those three words strike at the heart of identity, and mean so very much when it comes to the efficient operation of the global digital economy and its continuing growth, whether via retail, payments, financial services, healthcare or other areas.

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12 Ways Consumers Will Pay (And Be Paid) In 2020

PYMNTS

In five short years, by 2025 , there will be more than 25 billion devices capable of interacting with the internet — up from 9 billion today. More than three-quarters of U.S. adults made a purchase while going about their day-to-day activities — commuting, cooking, cleaning, watching TV, even taking care of the kids. 18 announcement. #3:

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The Race For 5G: How 20 Corporations Are Building The Future Of Connectivity

CB Insights

Companies vying to take a 5G lead range from network provider Verizon to device maker Samsung to chipset maker Qualcomm, among many others. Samsung pushing premium 5G devices. In August 2018, Samsung announced it planned to invest approximately $22B in 5G and AI technologies over the course of the next three years.

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