FILE - In this Sunday, Feb. 21, 2016, file photo, a Samsung Galaxy S7, left, and S7 Edge are displayed during the Samsung Galaxy Unpacked 2016 event on the eve of the Mobile World Congress wireless show, in Barcelona, Spain. Samsung announced Thursday, June 30, 2016, the company will sell unlocked versions of its flagship Galaxy S7 phones in the U.S. so consumers can switch carriers more easily.
Televisions can really disrupt the design flow in a room, and sometimes make a room seem less formal, but Samsung's Frame is aiming to change that. The new Samsung Frame TV that is disguised as a piece of art will be released this Spring, Samsung announced Tuesday at a Global Launch event in Paris. When you turn the TV off, you can opt to put it in "Art Mode," meaning instead of fading to a black screen it will display a piece of custom art. Whether you want a landscape, an architecture photo or drawings to fit in with your room Samsung's got you covered. The TV will come with more than 100 art options in ten different categories of art.
As expected, Samsung's Q2 2018 earnings report shows that operating profit is still up from last year and net profit for the same periods came in 0.1 percent lower as growth is slowing. While its memory chip and processor businesses remain strong, the premium smartphone market is "sluggish" and has more competition, so it's introducing the new Galaxy Note slightly earlier this year to expand sales. The new Note 9 will be revealed on August 9th, and could show us what Samsung has planned for its "unbreakable" flexible OLED technology. Samsung said it expected sales of flexible OLED to rebound in the second half, and said "the Company will incorporate more value-added features into panels and reinforce its competencies in new applications such as foldable displays" like the YOUM prototypes it showed off a few years ago or the device already rumored for launch in 2019.
When it comes to 4K TVs, Samsung has carved out a space as one of the best brands in town. No one has been able to deliver colors the way Samsung has in nearly every 4K model available. But if you're looking for a deal on these Samsung devices, Walmart has one of the best deals on the market. Right now, the 65-inch Samsung Q6F Smart QLED is available for $1697.99, For anyone who doesn't know, QLED is the highest grade of TV available from Samsung.
Lee's net worth is estimated at $6 billion. Here's how: In 1995, the elder Lee gave his only son, then in his 20s, 6 billion won ($52 million), which became the seed money to purchase unlisted stock in several Samsung companies. And during the next two decades those unlisted Samsung companies saw increased revenues based on lucrative deals done with other Samsung firms. The shares could then be sold when the companies went public. Some Samsung securities were sold at illegally cheap prices to Lee before he sold them off with huge returns, which later led to the conviction of his father.