Latest news with #755
The Star
13-05-2025
- Business
- The Star
Samsung launches slimmest smartphone as races against rival Apple
Samsung Electronics' Galaxy S25 Edge is on display during an event at its store in Seoul, South Korea, on May 13, 2025. — Reuters SEOUL: Samsung Electronics made public on May 13 its slimmest flagship model to date, complete with enhanced artificial intelligence features, as it seeks to get ahead of rival Apple in the premium market. The S25 Edge launch is designed to tap increasing demand, especially from consumers in their 20s and 30s, for more portable smartphones. "The feedback was clear – users wanted something slimmer and easier to carry without sacrificing performance," said Samsung, which made structural changes to reduce the thickness of internal components, including the printed circuit board and thermal systems. Analysts said the launch was strategically timed to pre-empt Apple, which is expected to launch a thinner iPhone in the second half of this year. "By releasing the product a few months ahead, Samsung could inflict some impact on Apple and attract consumers looking for thinner smartphones. It appears to be a calculated decision to capture that segment of demand," Ryu Young-ho, a senior analyst at NH Investment & Securities, said. The S25 Edge will go on sale in South Korea on May 23 and in the United States on May 30, Samsung said, adding it will roll it out to about 30 countries, including China and in Europe. Starting at US$1,099 (RM4,755), the model has a 6.7in (170 mm) screen and a 5.8mm-thick body, making it larger than the basic S25 model but only fractionally heavier. The S25 Edge has Samsung's latest built-in AI functions, including multimodal AI that allows users to interact with the device in real time through vision and voice, using the camera to ask questions. Samsung did not disclose the production site for the new model. At the launch event, Samsung dismissed concerns about potential performance and heat management issues with the device. "Some may worry that a thinner phone compromises performance or struggles with heat management," said Samsung Electronics Executive Vice President Moon Sung-hoon. "We managed to engineer a thinner vapor chamber to fit the slim design, and we put everything into making that happen. We're confident the S25 Edge can be used without concerns about overheating," said Moon. Samsung became the world's leading smartphone vendor in the first quarter of 2025, capturing 20% of the global market and narrowly surpassing Apple, which held a 19% share, data from Counterpoint Research showed. Samsung last month, however, said second-quarter shipments could be affected if tariff risks weaken demand. – Reuters
Business Recorder
21-04-2025
- Business
- Business Recorder
Gold price per tola jumps Rs8,100 to hit another record high in Pakistan
Gold prices continued their record run in both the local and international markets. In Pakistan, gold price per tola posted a single-day gain of Rs8,100 to hit another all-time high of Rs357,800 in Pakistan on Monday. Similarly, 10-gram gold was sold at Rs306,755 after it registered an increase of Rs6,944, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Saturday, gold price per tola was unchanged at Rs349,700. The international rate of gold also hit a fresh record on Monday. As per APGJSA, the rate was at $3,395 per ounce (with a premium of $20), an increase of $69 during the day. Meanwhile, silver price increased by Rs24 to settle at Rs3,441 per tola.
Business Recorder
21-04-2025
- Business
- Business Recorder
Gold price per tola gains Rs8,100 for first time in Pakistan
Gold prices reached a fresh record in Pakistan on Monday. In the local market, gold price per tola gained Rs8,100 to hit Rs357,800 for first time in the history. Similarly, 10-gram gold was sold at Rs306,755 after it registered an increase of Rs6,944, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Saturday, gold price per tola was unchanged at Rs349,700. The international rate of gold also hit a fresh record on Monday. As per APGJSA, the rate was at $3,395 per ounce (with a premium of $20), an increase of $69 during the day. Meanwhile, silver price increased by Rs24 to settle at Rs3,441 per tola.
