Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Samsung plans no settlement with Apple: executive  Join our daily free Newsletter

MENAFN - AFP - 14/11/2012

No. of Ratings : 0
Digg This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093579398%26title%3dSamsung-plans-no-settlement-with-Apple-executive%26src%3dRSS Share This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093579398%26title%3dSamsung-plans-no-settlement-with-Apple-executive%26src%3dRSS Add to Delicious Seed this article Buzz this article Add to Reddit Add to furl Add to stumbleupon Add to Mixx!


 


(MENAFN - AFP) A top Samsung executive said that the South Korean electronics giant had no plans to follow Taiwanese firm HTC in seeking a settlement over its patent disputes with arch-rival Apple.

Samsung and Apple are currently embroiled in patent lawsuits in 10 nations including the United States and Germany, accusing each other of stealing design and technology.

HTC, which had been locked in similar suits with Apple around the world, announced Sunday that the two companies had reached a deal to end all outstanding litigation and sign a 10-year licensing agreement over patents.

"We have no such intention," J.K. Shin, the head of Samsung Electronics' mobile unit, told reporters on Wednesday when asked if Samsung would seek a similar settlement.

Samsung -- the world's top mobile and smartphone maker -- was ordered by a US jury in August to pay Apple 1.05 billion in damages for illegally copying iPhone and iPad features for its flagship Galaxy S smartphones.

It has appealed the ruling.

Since then, two separate rulings by courts in Japan and the Netherlands have dismissed Apple's claims of patent infringement.

Shin also said Wednesday that Samsung expected fourth-quarter smartphone sales to be as strong as the third quarter, when its newest Galaxy S3 device became the world's top-selling smartphone.


 






  MENA News Headlines
May 23 2013EADS offers $2.0 bln sweetener for S.Korea jet deal ,AFP
(MENAFN - AFP) European aerospace giant EADS has offered a $2.0 billion investment sweetener as it seeks to edge out US rivals for a contract to provide 60 advanced fighter planes to South ...

May 23 2013Venezuela, Russia in joint oil venture ,AFP
(MENAFN - AFP) Venezuela and Russia formed a joint venture to produce 120,000 barrels of oil a day by 2016 in two fields in the Orinoco Heavy Oil Belt. Russia will loan Venezuela $1.5 billion to ...

May 23 2013US Boy Scouts to allow gay youths, not leaders ,AFP
(MENAFN - AFP) The Boy Scouts of America said it will allow openly gay youths to join the organization but maintain a ban on gay adult leaders, after a vote at its annual meeting in ...

May 23 2013Brazil to open huge oil field to auction ,AFP
(MENAFN - AFP) Brazil on Thursday said it will auction concessions to drill and explore an offshore oil field believed to hold up to 12 billion barrels of crude, the country's largest find. The ...

May 23 2013IMF chief grilled in Paris court over 2007 payout scandal ,AFP
(MENAFN - AFP) IMF chief Christine Lagarde faces another day of questioning after being grilled for hours Thursday by French prosecutors who are deciding if she should be charged over a state ...

May 23 2013Oil recovers after dive on Chinese data ,AFP
(MENAFN - AFP) Global oil prices closed little changed Thursday, recovering from sharper losses earlier in the day after weak Chinese manufacturing data. New York's main contract, West Texas ...

May 23 2013Researcher admits mistakes in stem cell study ,AFP
(MENAFN - AFP) A blockbuster study in which US researchers reported that they had turned human skin cells into embryonic stem cells contained errors, its lead author has acknowledged. Shoukhrat ...

May 23 20135,000 cave paintings discovered in Mexico ,AFP
(MENAFN - AFP) Archeologists have found nearly 5,000 cave paintings made by hunter-gatherers in a northeastern Mexico mountain range where pre-Hispanic groups were not known to have existed. The ...

May 23 2013Germany 'most popular country' in the world: poll ,AFP
(MENAFN - AFP) Germany is the most popular country in the world despite well-publicised protests against its insistence on austerity measures within the European Union, an annual poll for the BBC ...

May 23 2013NYSE says to spin off, not sell Euronext ,AFP
(MENAFN - AFP) NYSE Euronext with spin off European stock exchange group Euronext via an initial public offer rather than sell it following its merger with InterContinentalExchange (ICE), a senior ...

more...


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help