Samsung Q4 reports is out: profits reach record $6.6 billion!

Samsung, the South Korean manufacturing giants and the current cellphone market leader, has revealed its financial results of the fourth quarter of 2012. The reported revenues for the whole company were 56.06 trillion won, a 7% quarterly increase.

The company’s consolidated operating profits were reported at 8.84 trillion won ($8.3 billion), a 10% quarter-on-quarter increase and the net profit was disclosed as 7.04 trillion won ($6.6 billion). However, Samsung’s full year operating profit reached a new high with 29.05 trillion won ($27 billion) on revenues of 201.10 trillion won ($187.2 billion).


Samsung mostly has the strong sales of its popular Galaxy S3 and Galaxy Note 2 smartphones to thank for this outstanding performance. Furthermore, strong sales of the company’s display panels and consumer electronic products like LED TVs also resulted in the Samsung’s strong performance.

Samsung expects its low-end and mid-priced smartphone sales rise this year as the company doesn’t face any competition from Apple in those segments. The smartphone shipments are expected to exceed 300 million units in 2013, a 50% rise from previous year.

CES 2013: A ‘Smart’ fork arrives! but will it help you eat less?

Hapilabs Haifork (image 001)

We already have smart TVs (Samsung leads the charge), as well as smart ovens, smart laundry and smart vacuum (all coming from LG in 2013). Heck, we’re increasingly wearing app-enabled smart watches around our wrist (we’re looking at you, Apple). It really is no surprise then that gadget makers now expect we’ll monitor our eating habits using a ‘smart’ fork?

Enter the Hapifork from Hapilabs, an unusual app-enabled accessory coming this Spring to“greatly improve your digestion”, up to the point where “you’ll likely start losing weight”. I’m not entirely convinced science exists to back that claim…

Okay, so it has in-built sensors that monitor the fork’s movement from plate to mouth to measure how long it took to eat your meal, the amount of so-called ‘fork servings’ taken per minute and intervals between fork servings.

The pitch basically comes down to this: should you eat your lunch too fast, the gadget will vibrate.

But what’s too fast, you ask?

According to the company, if there are fewer than ten seconds between forkfuls, the Hapifork kicks into action.

Hapifork (colors)
Of course Hapiforks come in happy colors, did you think otherwise?

Now, you’ll be initially required to manually download your dining data to a computer after each meal, but a Bluetooth version is in the works, a spokesperson has confirmed.

Your data also gets uploaded to an online dashboard and there’s a coaching program designed to help you change your eating behavior.

Hapifork (dashboard)

Eating too fast is a leading cause of weight gain, says Hapilabs and points out that an accompanying iOS and Android app should help develop healthier eating habits over time.

The ultimate gadget for the ultimate epicurean geek retails for a rather pricey hundred bucks and is available in the USB and Bluetooth flavor, the former shipping during Q2 and the latter arriving some time in Q3 2013.

According to a 2011 study in The Journal of Nutrition, no definite proof exists that people who eat their dinner more slowly also reduce their habit of grabbing a snack shortly after the meal.

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