The South Korean tech giant- Samsung has shut down its Tizen app store for both its new and existing users. As per GSM Arena, last year in June, the company closed registrations of the app and made the store available only to existing users and they could only get previously downloaded apps. Meanwhile, after December 31, 2021, however, the Tizen app store was permanently closed. For the Samsung Z series smartphone users, GSM Arena suggests to switch over to iOS or Android.
The last Samsung Z4 phone running Tizen OS was released back in 2017.
(Bloomberg) -- Samsung Electronics Co.’s quarterly profit climbed more than 50% after chip prices stabilized and sales of smartphones surged, reinforcing hopes the memory industry will emerge from its downturn this year.
South Korea’s biggest company posted operating income of 13.8 trillion won ($11.5 billion) for the three months ended December, missing estimates after it distributed special bonuses to employees. But revenue jumped a better-than-expected 23% to 76 trillion won. The company’s stock climbed as much as 2% in morning trade in Seoul.
Samsung and rivals SK Hynix Inc. and Micron Technology Inc. are weathering a cyclical downturn, helped by demand from servers as well as a widening array of products from cars to home devices. Micron last month predicted record revenue for fiscal 2022 thanks to resilient demand from data centers, networking and auto customers.
Investors are also monitoring Samsung’s operation in the central Chinese city of Xi’an, which has been locked down while the government fights a local outbreak. While it’s unclear how long that situation will persist in the city -- also a big Micron production center -- analysts say short-term disruptions might dampen
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