logo
Samsung reveals 115-INCH mega TV with jaw-dropping price tag and ‘world first' new screen

Samsung reveals 115-INCH mega TV with jaw-dropping price tag and ‘world first' new screen

The Suna day ago
SAMSUNG has unveiled a whooper new TV - but the size isn't the only shocker.
The staggering 115-inch display has an eye-watering price tag.
3
In Samsung 's home turf, South Korea, the new Micro RGB TV will set you back £24,000 (KRW 44.9 million).
It's the world's first Micro RGB, a new premium TV technology that Samsung says brings "exceptional" colour accuracy.
This is made possible thanks to a micro-scale RGB LED backlight with an ultra-fine pattern behind the panel.
It also uses AI processing to boost both picture and sound.
There's Glare Free technology too, designed to reduce reflections from bright light conditions that can sometimes make it hard to make out the picture.
"Micro RGB achieves unprecedented precision in the control of micrometer-sized RGB LEDs, raising the bar for color accuracy and contrast in consumer displays," said Taeyong Son, Executive Vice President and Head of the R&D Team of the Visual Display (VD) Business at Samsung Electronics.
"With this launch, we're setting the standard in the large-sized, ultra-premium TV market and reinforcing our commitment to next-generation display innovation."
The TV isn't on sale beyond South Korea yet.
But there are plans to release it in the US next.
And there will be a global roll out with "a variety of sizes to meet customer needs", Samsung said.
Samsung – a brief history
Here's what you need to know...
Samsung is known locally as a "chaebol", which means "business conglomerate"
It was founded by Lee Byung-chul in 1938 as a trading company
But over several decades, it branched out into food processing, insurance, textiles and retail
It wasn't until the late 1960s when Samsung entered the electronics industry – for which it's best known in the west today
It also launched businesses in construction and shipbuilding in the 1970s
Today, Samsung's most important sources of income are its smartphones and computer chips
More than 262,000 staff are employed by Samsung globally
Image credit: Getty
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

China July bank loans unexpectedly contract for first time in 20 years
China July bank loans unexpectedly contract for first time in 20 years

Reuters

timean hour ago

  • Reuters

China July bank loans unexpectedly contract for first time in 20 years

BEIJING, Aug 13 (Reuters) - China's new yuan loans contracted in July for the first time in 20 years as the economy struggled, falling well short of analysts' forecasts, but improvements in broader credit growth suggest the central bank is in no rush to ease policy. While new loans typically fall in July after strong gains in June when banks strive to meet quarterly targets, the latest reading was well below even the most pessimistic analyst's forecasts, pointing to weak private sector demand as Beijing tries to negotiate a durable trade deal with Washington. "The July credit data was weak, but money supply exceeded expectations, reflecting the impact of last year's low base and debt resolution efforts," said Xing Zhaopeng, senior China strategist at ANZ. "At present, monetary policy has entered a period of observation, and a rate cut is unlikely in the short term. From the perspective of liquidity needs, a reserve requirement ratio (RRR) cut could also be delayed. Structural monetary policy remains the main tool for easing." New yuan loans contracted by 50 billion yuan ($6.97 billion) in July, falling well short of analysts' forecasts and plunging from 2.24 trillion yuan in June, according to Reuters calculations based on data released by the People's Bank of China. That marked the first contraction since July 2005 and the largest monthly decline since December 1999, according to central bank data. Analysts polled by Reuters had expected new yuan loans last month to reach 300 billion yuan, compared with 260 billion yuan a year ago. Along with seasonal trends which buoyed June's tally, credit demand also had rebounded sharply that month as sentiment improved following rounds of trade talks in Europe and a tentative easing of trade tensions with the U.S. The central bank does not provide monthly breakdowns. Reuters calculated the July figures based on the PBOC's January-July data released on Wednesday, compared with the January-June figure. In the first seven months of the year, banks extended 12.87 trillion yuan in new loans, versus 12.92 trillion yuan in January-June, implying a net reduction of 50 billion yuan in July. Banks issued 13.53 trillion yuan in new loans in the same period last year. Household loans contracted 489.3 billion yuan in July, versus a rise of 597.6 billion yuan in June, according to Reuters calculations, as a prolonged property market crisis showed no signs of easing. Corporate loans plunged to 60 billion yuan from 1.77 trillion yuan in June. The PBOC release did not give any explanations for changes in credit trends. China's economy slowed less than expected in the second quarter due in part to policy support and as factories took advantage of a U.S.-China trade truce to front-load shipments. But analysts warn the second half will be tougher as weak domestic demand, the property slump and rising global trade risks ramp up pressure on Beijing. The United States and China agreed early this week to extended their tariff truce for another 90 days, staving off triple-digit duties on each other's goods, but business confidence remains fragile, with some factories cutting selling prices, shifts and workers' pay. On Tuesday, China announced it would offer interest rate subsidies for businesses in eight consumer service sectors, as well as for individual consumers. Eligible businesses and consumers can receive an annual interest subsidy of one percentage point on loans. Beijing has ramped up infrastructure spending and consumer subsidies, alongside steady monetary easing. In May, the central bank cut interest rates and injected liquidity as part of broader efforts to cushion the economy from Trump's tariffs. Wednesday's data also showed outstanding yuan loans rose 6.9% in July from a year earlier, slowing from 7.1% in June and hitting a record low. Analysts had expected 7.0% growth. Broad M2 money supply grew 8.8% from a year earlier, above analysts' forecast of 8.2%. M2 expanded 8.3% in June. The narrower M1 money supply rose 5.6% year-on-year, compared with 4.6% in June. Outstanding total social financing (TSF), a broad measure of credit and liquidity in the economy, rose 9.0%, up from a 8.9% pace in June and hitting the highest since Febuary 2024. ($1 = 7.1752 Chinese yuan renminbi)

PETER HITCHENS: The march of facial recognition cameras is so sinister. Police say they get results... but they send a shiver down my spine and they should yours too
PETER HITCHENS: The march of facial recognition cameras is so sinister. Police say they get results... but they send a shiver down my spine and they should yours too

Daily Mail​

timean hour ago

  • Daily Mail​

PETER HITCHENS: The march of facial recognition cameras is so sinister. Police say they get results... but they send a shiver down my spine and they should yours too

Hurrying into London 's Paddington Station the other evening, late for my train, I was amazed to see a large white van with odd-shaped devices and aerials on its roof, guarded by long, white, sinister cameras on heavy black tripods and adorned with a prominent label declaring 'Live facial recognition in operation'. It had an alien, disturbing appearance, though nobody bothered me when I snatched a quick picture of it as part of my own perpetual surveillance of modern Britain. A relaxed young woman in jeans was (as I recall) munching a sandwich in its open side door, and did not look either as if she had just been captured or as if she was part of a snatch squad, but who knows, these days?

New state-of-the-art quantum computer switched on in Harwell
New state-of-the-art quantum computer switched on in Harwell

BBC News

time2 hours ago

  • BBC News

New state-of-the-art quantum computer switched on in Harwell

A new state-of-the-art quantum computer said to be the most advanced in the world has just been switched full-stack computer, called Quartet, has been delivered to the UK's National Quantum Computing Centre at its Harwell campus in Oxfordshire by Oxford Ionics - a leading manufacturer in trapped-ion quantum Chris Ballance, Oxford Ionics chief executive and co-founder, said that meant they could "solve problems in minutes, we otherwise wouldn't think of solvable at all with a computer".The announcement comes after IonQ, a US-listed quantum company, agreed to acquire Oxford Ionics for $1.1bn in June. Speaking to BBC Radio 4, Dr Ballance said quantum computers were "the most powerful form of computer allowed by the laws of physics"."The hardware is fundamentally very different," he said."[It] just calculates problems in a very different way and a conventional computer is much closer to an abacus in conventional compute power than it is to a quantum computer."The company said the delivery marked "a significant step forward in making commercially valuable quantum computing a reality" and "ensuring the UK is equipped with the compute power to solve some of the world's most pressing challenges"."For that right now, if you want to build a better battery, you mostly have to go into a lab and test out some chemicals," Dr Ballance said."Those kind of problems we've known for 50 years how to write down - we just can't solve them on conventional computers. "And quantum computers will allow us to take a lot of that work from the lab into a problem we can now solve on a computer."He said a conventional supercomputer "might use the output of a small power plant to power it". "Our quantum computer uses less power than an electric kettle."The systems we're building next year, which will outperform ... the largest supercomputers humanity will ever build, will still use less power than just one server rack in a standard data centre." Dr Ballance said they had accepted the IonQ deal "because the business logic was incredible"."IonQ has an amazing team and they've had quantum computers operated on major cloud platforms since before I founded Oxford Ionic. "We have this new core technology and plugging those things together jointly allows us to speed up our combined roadmaps by multiple years." You can follow BBC Oxfordshire on Facebook, X (Twitter), or Instagram.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store