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MarketScreener Homepage  >  Equities  >  KOREA EXCHANGE  >  Samsung Electronics Co Ltd    A005930   KR7005930003

SAMSUNG ELECTRONICS CO LTD

(A005930)
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Samsung Electronics : says fix coming for security-flawed Galaxy phones

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10/18/2019 | 12:29pm EST

South Korean electronics giant Samsung said Friday it will offer a software fix for a major security flaw that allows anyone to bypass fingerprint security on its Galaxy S10 and Galaxy Note S10 devices.

The security defect, which was discovered this week, allows any fingerprint to unlock the phones if they are encased in a silicone shell. The case interacts with the phones in such a way that effectively fools them into accept any print.

"This issue involved ultrasonic fingerprint sensors unlocking devices after recognizing 3-dimensional patterns appearing on certain silicone screen protecting cases as users' fingerprints," the company said. "To prevent any further issues, we advise that [affected] users who use such covers to remove the cover, delete all previous fingerprints and newly register their fingerprints."

Samsung said a security patch will be issued next week. Until then, it also recommends owners against using front screen protectors on the devices.

Millions of S10 devices have been sold worldwide.

Samsung has not indicated whether the security flaw might also affect Galaxy S11 devices, which are expected to be released early next year.

Copyright 2019 United Press International, Inc. (UPI). Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent., source International Top News

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Financials (KRW)
Sales 2019 231 599 B
EBIT 2019 27 265 B
Net income 2019 21 471 B
Finance 2019 86 330 B
Yield 2019 2,64%
P/E ratio 2019 16,5x
P/E ratio 2020 12,3x
EV / Sales2019 1 537x
EV / Sales2020 1 412x
Capitalization 356 044 B
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 37
Average target price 58 684,68  KRW
Last Close Price 53 700,00  KRW
Spread / Highest target 24,8%
Spread / Average Target 9,28%
Spread / Lowest Target -19,9%
EPS Revisions
Managers
NameTitle
Hyun-Suk Kim Co-President, Co-CEO & Director
Dongjin Koh Co-President, Co-CEO & Director
Kinam Kim President, Co-CEO & Director
Tae Moon Roh Co-President & Head-Research & Development
Sang-Hoon Lee Chairman
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