Samsung sells stake in UK chipmaker CSR January 15, 2014 SAMSUNG yesterday confirmed it has sold its stake in UK chipmaker CSR, causing the London-listed firm’s share price to tumble nearly three per cent during trading. The sale comes after CSR’s announcement in December that it would discontinue its camera-on-a-chip technology used in point and shoot digital cameras, a move welcomed by investors. Samsung’s stake [...]
Samsung warns of falling profits in mobile group January 7, 2014 SAMSUNG Electronics’ fourth quarter profits are expected to be hit by falling smartphone shipments and the impact of a special employee bonus estimated to be worth nearly 1 trillion South Korean won (£570m). Yesterday the world’s largest smartphone maker said it expects to fall short of analysts’ expected earnings of 8.8 trillion won by 18 [...]
Apple awarded $290m over its patent dispute with Samsung November 21, 2013 APPLE yesterday won $290m (£179m) in a damages retrial against Samsung, as the two companies continue to battle globally over their patent holdings. The technology giants have been fighting in the courts for over two years. Last year, Apple was awarded over $1bn in damages after it convinced a jury that Samsung copied various features [...]