Nokia back With the New Lumia 920!

Former tech giant, Nokia, is back in the game with their new Windows Phone8 phone packed with a pureview camera!

HTC One X-My first Impression

2012's most powerful phone, with a stunning display and remarkable performance! Well, until now, atleast!

Hands on- Micromax Funbook!

Hands on the new 7 inch Tablet from Micromax. Also, a video to give you a look on the inbuilt apps!

Apple Inc- Most Valuable company in History!

The Launch of the new iPhone, rumours of a smaller iPad and a better Apple Tv has boosted the stock in recent weeks to make Apple the most Valuable company of all!

Leaked iPhone 5 Images?

I just came across these leaked images and they are, in fact, the latest mock ups!

Showing posts with label lawsuit. Show all posts
Showing posts with label lawsuit. Show all posts

Samsung's Verdict on Apple's win, and Message to Employees

Well, in the last post we saw how Tim Cook told his employees how it wasnt about money or anything, but it was about values! Well, now lets see the other side of the coin!


[Internal Memo] Regarding the Jury Verdict in California

On Friday, August 24, 2012, the jury verdict in our trial against Apple was announced at the US District Court for the Northern District of California. The following is an internal memo that reflects Samsung’s position regarding the verdict:

We initially proposed to negotiate with Apple instead of going to court, as they had been one of our most important customers. However, Apple pressed on with a lawsuit, and we have had little choice but to counter-sue, so that we can protect our company.

Certainly, we are very disappointed by the verdict at the US District Court for the Northern District of California (NDCA), and it is regrettable that the verdict has caused concern amongst our employees, as well as our loyal customers.

However, the judge’s final ruling remains, along with a number of other procedures. We will continue to do our utmost until our arguments have been accepted.

The NDCA verdict starkly contrasts decisions made by courts in a number of other countries, such as the United Kingdom, the Netherlands, Germany, and Korea, which have previously ruled that we did not copy Apple’s designs. These courts also recognized our arguments concerning our standards patents.

History has shown there has yet to be a company that has won the hearts and minds of consumers and achieved continuous growth, when its primary means to competition has been the outright abuse of patent law, not the pursuit of innovation.

We trust that the consumers and the market will side with those who prioritize innovation over litigation, and we will prove this beyond doubt.


Source- 9to5mac

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Samsung's stock down by 7% After Apple patent verdict!

       

 It is now heard that the Korean giant's stock experiences greatest one-day decline in four years after a jury in a closely-watched patent infrigement trial awarded Apple more than $1 billion! Shares of Samsung Electronics registered their greatest one-day drop in nearly 5 years in their first day of trading after Apple's patent award.
         Well, I had seen this coming already, lol! As Tim Cook said yesterday, the infringement had gone deeper than they knew. It does remind me of a saying, which goes like this "No pain, no gain", and I think it applies here very well!
          Shares of Samsung were off 6.98% in early morning trading, down 89000 south Korean Wan to 1.19 SKW. It was the company's largest decline since October 2008.The share loss comes three days after a jury in San Jose, Ca. delivered a lopsided victory to Apple, awarding the iPhone maker $1.05 billion in damages. A verdict one senior samsung executive called "absolutely the worst scenario for us".
          US injunctions could be especially painful for Samsung. Although they manufacture an array of consumer devices like Tv's, Blu-ray players, and even Kitchen appliances, smartphone sales are its bread winner. Well, lets see where it gets to now! Follow this post by following this blog!