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Stock Market & Financial Investment News

News Breaks
November 27, 2012
05:19 EDTERIC, SSNLFEricsson files patent infringement action against Samsung
Ericsson (ERIC) has filed a lawsuit in the U.S against Samsung (SSNLF) for infringing its patents, after nearly two years of negotiations failed to reach an agreement. The dispute concerns both Ericsson's patented technology that is essential to several telecommunications and networking standards used by Samsung's products as well as other of Ericsson's patented inventions that are frequently implemented in wireless and consumer electronics products. Ericsson has concluded that it has no option other than legal action after negotiations have not been successful since Samsung has refused to take a license on FRAND terms. Ericsson helped to create the mobile telephone system by contributing hundreds of its inventions to the standard in exchange for a fair royalty. To date, Ericsson has signed more than 100 license agreements with all major players in the industry. In 2011 alone, Ericsson spent $5B on research and development.
News For ERIC;SSNLF From The Last 14 Days
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May 15, 2013
08:19 EDTSSNLFSamsung shipped 6M Galaxy S4 devices through May 10, androidcentral says
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May 14, 2013
10:49 EDTSSNLFDell accuses optical disk drive makers of price-fixing, Bloomberg says
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07:50 EDTSSNLFSharp to seek increased sales to Samsung, Reuters reports
Sharp Corp. (SHCAY), a supplier to Apple (AAPL), will look to increase sales to rival Samsung Electronics (SSNLF) under a three-year rehabilitation roadmap to secure its survival, reports Reuters. The business plan is expected to be released today, and will lean further on banks that last year saved it from failure, as a $2B convertible bond will fall due in September, sources say. Reference Link
06:22 EDTSSNLFGartner reports Q1 mobile phone sales growth
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May 13, 2013
15:22 EDTSSNLFAmazon confirms purchase of Samsung screen technology, The Digital Reader says
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06:09 EDTSSNLFSamsung announces plans to launch 5G by 2020
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May 10, 2013
10:53 EDTSSNLFFacebook adds Facebook Home launcher to more Android phones, androidcentral says
Facebook (FB) has added the Facebook Home launcher to a number of smartphones using Google's (GOOG) Android operating system, including Samsung's (SSNLF) Galaxy S4 and the HTC One, androidcentral reported last night. Reference Link
08:03 EDTSSNLFLenovo to sell smartphones in Africa, beginning with Nigeria, Bloomberg reports
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May 9, 2013
06:10 EDTSSNLFDRAM shortages expected to impact PC players in Q2, DigiTimes says
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05:50 EDTSSNLFSamsung using its own parts to cut costs, WSJ reports
Samsung Electronics's (SSNLF) newsest smartphone, the Galaxy S 4, takes advantage of its chip- and display-manufacturing prowess to get its material costs closer to Apple's (AAPL) costs for the iPhone 5, reports the Wall Street Journal. Reference Link
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