Samsung may not only shift its headquarters from London, but it may just leave the United Kingdom altogether. As you can probably guess, if this happens, it would be a direct result of the UK leaving the European Union (aka Brexit). Of course, Europe as a market has not lately been as profitable as it used to be for Samsung. In the year 2013, Samsung boasted of a 21% share in the total mobile sales number throughout the entire continent. Things however, went downhill from there as that share stands at only 12.8% right now. Samsung also did not release the Galaxy Note 5 in Europe last year and had stopped selling cameras, camcorders and associated accessories in there altogether.
It is evident that Samsung isn't exactly making any headway in Europe to speak of, but couple that with the fact that Britain may now impose heavier import taxes on them and the decision to leave the UK starts to seem like an inevitable course for the Korean company. As the United Kingdom will no longer have to follow the tariff regulations and import duty models laid out by the Union, the general consensus is that taxes will now increase for all foreign companies operating within the nation.
Author: Saikat Kar (tech-enthusiast)
Samsung's headquarters in Seoul, South Korea has been raided by the country's national prosecutors yesterday. The raid was part of the investigation that was put into place after Samsung Electronics was accused of transferring money to Choi Soon-sil via her daughter. Choi Soon-sil is a close associate/friend of President Park Geun-hye, in addition to being a religious/cult leader. She is accused of using her connection to the President to both influence politics, as well as seeking business "donations" from different organizations.
The accusation against Samsung dictates that a business which is co-owned by Choi Soon-sil and her daughter Jeong Yu-ra had received over €2.8 million/$3.1 million/£2.5 million from Samsung Electronics to fund Ms Choi's horse riding courses in Germany. Although Samsung did confirm the raid, on being prodded further regarding the matter, they opted to state "no further comment."
It seems like Samsung just can't catch a break in 2016. After the international Note 7 disaster, this political scandal will only hamper the already tarnished reputation of Samsung even further. Nevertheless, it is being investigated to see if Samsung was "victimized" through political pressure.
Saikat Kar (tech-enthusiast)
Googleplex is the corporate headquarters complex of Google Inc. which is located at 1600 Amphitheatre Parkway in Mountain View, Santa Clara County, California, United States.
Google HQ is famous for having many an amazing design with a lot of cool stuff available for the company's Employees, don't forget the Android Statues at the entrance of the Googleplex. Every Android version has a Statues from the first Android 1.0 to Lollipop 5.0 that was just revealed. Check these photos below from Inside Google's HQ!
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