Fri, 27 Jan 2012 06:10:07 +0100 Samsung Electronics Co. reported a 17 percent jump in fourth quarter profit on the strength of smartphone sales even as the company battled claims it had copied Apple's iPhone. (Source: Associated Press)
Fri, 27 Jan 2012 04:10:14 +0100 SEOUL (Reuters) - Samsung Electronics Co posted a record $4.7 billion quarterly operating profit, driven by booming smartphone sales, and will spend $22 billion this year to boost production of chips and flat screens to pull further ahead of smaller rivals. The South Korean firm, the world's top technology firm by revenue, is locked in breakneck competition with Apple Inc in the red-hot smartphone market, and said its telecoms business earned a record 2.64 trillion won profit in October-December on increased sales of its flagship Galaxy smartphones. ... (Source: Reuters)
Apple again loses Dutch bid for Samsung tablet ban
Tue, 24 Jan 2012 13:00:17 +0100 AMSTERDAM (Reuters) - Apple again lost a bid on Tuesday to have Samsung tablet computers banned in the Netherlands in a Dutch appeals case over infringing copyrights of its iPad tablet computer. Apple, which has been locked in legal battles with Samsung in almost a dozen countries involving smartphones and tablets, had appealed a Dutch ruling, which said last year Galaxy Tab 10.1 models were not a copy of Apple's iPad. A Dutch appeals court dismissed Apple's appeal, confirming the Dutch lower court's ruling. ... (Source: Reuters)
Samsung says German court rules against it in Apple suit
Fri, 20 Jan 2012 10:20:13 +0100 SEOUL (Reuters) - Samsung Electronics Co said on Friday a German court ruled against it in a patent suit versus Apple over mobile technologies, and the firm has yet to decide whether to appeal the ruling. Samsung counter-sued Apple in April, after the U.S. firm filed a lawsuit claiming that the South Korean firm infringed on its design rights and that Samsung's products "slavishly" copied Apple's iPhone and iPad. Samsung said Friday's ruling covers one patent and the German court has yet to decide on the other two mobile technologies that it claims Apple infringed. ... (Source: Reuters)
Wed, 18 Jan 2012 02:00:11 +0100 SEOUL (Reuters) - Samsung Electronics Co said on Wednesday it was not interested in buying ailing Blackberry maker Research In Motion or licensing its operating system, refuting a tech blog report that RIM was seeking to sell itself to the South Korean technology giant. Shares of RIM, which has been the subject of continuous takeover speculation with its stock valuation lingering at multi-year lows, jumped more than 10 percent on the report before falling back after Samsung's denial. ... (Source: Reuters)
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