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SAN JOSE, United States (AFP) — Jurors return to a Silicon Valley courtroom Tuesday to deliberate for a second day about whether Samsung should pay Apple a billion dollars for copying iPhone design features. Apple is seeking slightly more than a billion dollars in damages in the seven-year-old legal battle, while Samsung wants a figure closer to $28 million. The jury has been asked to determine whether design features at issue in the case are […]
SEOUL, South Korea (AFP) — South Korean telecoms giant Samsung Electronics saw net profits leap by more than half in the first quarter, it said Thursday, thanks to strong demand for memory chips and its latest high-end smartphone. The firm, the world’s biggest maker of memory chips and the flagship subsidiary of the sprawling Samsung group, has recovered from a series of setbacks to post record profits in recent quarters. It faced an embarrassing global […]
by Erwan Lucas Agence France Presse BARCELONA, Spain (AFP) — Samsung unveiled its new flagship smartphone on Sunday with a focus on augmented reality features as it seeks to keep its title as the world’s biggest smartphone maker. The South Korean firm showcased the Galaxy S9 on the eve of the official start of the Mobile World Congress in Barcelona, which comes after a year of flat smartphone sales. With no other major handset maker […]
WASHINGTON, United States (AFP) – Apple overtook Samsung in the fourth quarter as the largest smartphone producer in a declining global market for handsets, research firm IDC said Friday. A survey by IDC showed Apple — which reported its quarterly data Thursday — led all vendors with 77.3 million iPhones sold, giving it a 19.2 percent market share. Even though Apple’s fourth-quarter unit sales were down 1.3 percent from a year earlier, it was able to move ahead of […]
SEOUL, South Korea (AFP) — South Korean telecom giant Samsung Electronics expects to post record operating profits of $14.1 billion in the fourth quarter, it said Tuesday. The company estimated operating profits of 15.1 trillion won ($14.1 billion) in the October to December period, an all-time high for quarterly profits and nearly double the 9.2 trillion won posted a year earlier. Samsung has had to overcome a bribery scandal that saw the company’s de-facto head […]
PARIS, France (AFP) — South Korea’s Samsung has overtaken US rival Intel as the world’s biggest maker of semi-conductors as sales in the sector boom, a study published by consultancy Gartner showed on Thursday. Samsung Electronics “gained the most market share and took the number one position from Intel -— the first time Intel has been toppled since 1992,” said Gartner analyst, Andrew Norwood. The total global market for semi-conductors grew by 22 percent to […]
WASHINGTON, United States (AFP) — The US Supreme Court on Monday upheld a $120-million patent award Samsung was ordered to pay Apple in the latest ruling in a series of legal skirmishes between the top two smartphone makers. The US justices let stand without comment a 2016 appeals court verdict reinstating the award for Apple, which sued Samsung over patents for “slide to unlock” and other features used on smartphones. The case is separate from […]
by Sebastien Berger Agence France Presse SEOUL, South Korea (AFP) — The heir to the Samsung business empire, which includes the world’s biggest smartphone maker, was sentenced Friday to five years in prison for bribery and other offenses in connection with the scandal that brought down South Korean president Park Geun-Hye. Lee Jae-Yong’s penalty could leave the giant firm rudderless for years and hamper its ability to make key investment decisions. The vice-chairman of […]
by Diane Desobeau and Glenn Chapman in San Francisco Agence France-Presse NEW YORK, United States – Samsung on Wednesday unveiled a new model of its Galaxy Note as it seeks to leave behind the debacle over exploding batteries in the previous generation of the device, and mount a renewed challenge to Apple and its soon-to-come iPhone 8. Introducing the Note 8 “phablet” at an event in New York City, executives repeatedly thanked fans who had remained loyal […]
SEOUL, South Korea (AFP) — South Korean giant Samsung on Thursday posted record quarterly earnings, putting it on course to overtake Apple as the world’s most profitable tech firm as it seeks to move past a bribery scandal and last year’s recall debacle. The firm said huge sales of its new Galaxy S8 smartphone and demand for its memory chips were behind the jump in April-June and predicted another blockbuster report for the current quarter […]
SEOUL, South Korea (AFP) — Samsung Electronics will invest nearly $18 billion in its chip business, the South Korean firm said Tuesday, as it seeks to expand its lead in the global memory chip and smartphone markets. The world’s top maker of smartphones and memory chips will invest 20.4 trillion won ($17.7 billion) by 2021 to expand and upgrade its chip plants in the South Korean cities of Pyeongtaek and Hwaseong, it said in a […]
NEW YORK, United States (AFP) — Samsung plans to invest $380 million and hire nearly 1,000 workers for a new plant in South Carolina to manufacture home appliances, the company announced Wednesday. Samsung Electronics America described it as a “state of the art” facility that starting next year will build premium home products, including washing machines, and will be staffed with craftsmen, engineers and operators. United States Commerce Secretary Wilbur Ross, who is leading President […]
