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Samsung Looks To 5G Retail As Revenue Declines

PYMNTS

Smartphone shipments for Samsung increased in the second quarter of 2019, the company said in its latest earnings report , thanks to retail sales of its mid-level models. Samsung’s earnings provide a glimpse into the intersection of retail and mobile. can now accept Samsung Pay for in-app payments. Profit Problems.

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Why Retailers Are Making mPOS Technology A Top Priority

PYMNTS

But interest in this technology is not limited to the food and beverage space, and is gaining traction in many different verticals. Retailers are becoming more interested in omnichannel offerings: The PYMNTS mPOS Tracker found that 67 percent of those surveyed listed it as a priority for this year.

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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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Samsung Introduces Three New Smart Home Items

PYMNTS

Samsung has introduced three new smart home items that are low-cost entrants into the space, according to a report. The telecommunications and technology company, which acquired SmartThings in 2014, has released a SmartThings Cam and WiFi Smart Plug, which don’t require a separate smart home hub.

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Mastercard, Samsung Tie-Up Lets Consumers Pay On Demand

PYMNTS

Mastercard is partnering with Samsung to bring digital technology to emerging markets and accelerate connectivity and smart devices, Mastercard said on Thursday (March 12). Mastercard Labs created the platform, which will be rolled out to the Samsung Knox team in the Middle East and Africa early this year.

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Samsung Expands Beyond Pop-Ups With Full-Scale Stores

PYMNTS

In a potential challenge to Apple at brick-and-mortar retail, Samsung Electronics is looking to move beyond pop-up shops with its own full-scale U.S. And they will be able to have repairs on a walk-in basis for mobile technology as well as customer support — service offerings similar to those at the brick-and-mortar locations of Apple.

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Verizon, Microsoft Partner To Accelerate 5G Technology

PYMNTS

Verizon and Microsoft have teamed up to accelerate the delivery of private 5G networks for businesses, announcing a collaboration they said will transform the retail, transportation, logistics, manufacturing and healthcare industries. Samsung’s View. billion telecom equipment contract that Samsung signed with Verizon.