Samsung Files ‘SPACE101’ Trademark Amid Mixed Financial Performance
Jan/08/2025
On January 3, Samsung Electronics filed a U.S. trademark application for 'SPACE101', covering a diverse range of products and services, including dishwashers, LED displays, smartphones, smart home appliances, air purifiers, and remote-control software platforms. The filing underscores Samsung’s commitment to innovation across multiple industries, including consumer electronics and home automation. This move comes as the South Korean tech giant reported an estimated fourth-quarter operating profit of 6.5 trillion won ($4.3 billion), marking a year-over-year doubling but falling short of analysts’ expectations of 7.7 trillion won ($5.1 billion). Challenges include a slowdown in demand for memory chips and rising R&D costs for advanced chip production, alongside intensified competition from SK Hynix in supplying high-end chips to Nvidia. Despite the financial shortfall, Samsung remains a global leader in memory chips, smartphones, and televisions, navigating a demanding market with strategic investments in cutting-edge technology. The following visualization provides detailed information about Samsung’s new 'SPACE101' trademark, highlighting the breadth of products and services covered under the application.
