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Stock Market & Financial Investment News

News Breaks
November 27, 2012
05:19 EDTSSNLF, ERICEricsson 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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November 10, 2014
07:06 EDTSSNLFCoupons.com announces partnership with Samsung for mobile savings
Coupons.com (COUP) announced a strategic partnership with Samsung (SSNLF) to power mobile savings for more than 20M Samsung flagship devices in the U.S. Shoppers can now add Coupons.com's Card Linked Offers via their Samsung Wallet for automatic redemption at checkout.
06:32 EDTSSNLFSamsung plans to invest $3B to expand Vietnam facilities, Reuters reports
Samsung will invest up to $3B to expand its existing handset manufacturing facilities in Vietnam, Reuters reports. The company says it is finalizing details with Vietnamese authorities, and that it hadnít yet set a specific schedule or investment size for the deal. Reference Link
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