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Stock Market & Financial Investment News

News Breaks
January 27, 2014
05:32 EDTSSNLF, ERICEricsson, Samsung reach agreement on licensing terms, details not disclosed
Ericsson (ERIC) and Samsung (SSNLF) have reached an agreement on global patent licenses between the two companies. The cross license agreement covers patents relating to GSM, UMTS, and LTE standards for both networks and handsets. The agreement includes an initial payment and ongoing royalty payments from Samsung to Ericsson for the term of the new multi-year license agreement. The initial payment in the agreement will impact Ericsson sales and net income in Q4 2013 by SEK 4.2 B. and SEK 3.3B. respectively. Ericsson expects that the initial payment in the agreement will impact Ericsson's operating cash flow in the beginning of 2014. The details of the agreement are confidential and will not be disclosed. Information of the financial impact of the initial payment on Ericsson's Q4 results will be included in Ericsson's Q4 earnings report.
News For ERIC;SSNLF From The Last 14 Days
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December 16, 2014
10:10 EDTSSNLFSamsung in talks with LoopPay to launch Apple Pay rival in 2015, Re/code reports
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06:32 EDTSSNLFApple, Samsung offer price cuts for tablet products, DigiTimes reports
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December 15, 2014
08:40 EDTSSNLFCLSA technology analysts hold a luncheon meeting
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December 12, 2014
06:09 EDTSSNLFSamsung Galaxy S6 Edge curved variant may not be in works, SamMobile says
There may not be an Edge variant with a curved screen for Samsung's Galaxy S6, reports SamMobile.com. There may be a separate variant of Galaxy S6 in the works, but at the moment, the prototype device does not have an Edge screen. Reference Link
December 11, 2014
06:32 EDTSSNLFGlobalfoundries hope to win orders from Qualcomm and Apple, DigiTimes reports
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December 10, 2014
07:52 EDTSSNLFSamsung combining U.S. electronics, mobile units, WSJ reports
Samsung Electronics is merging Samsung Electronics America, its subsidiary that oversees consumer electronics distribution in the U.S., and Samsung Telecommunications America, which focuses on mobile devices, into one unit, reported The Wall Street Journal, citing a statement from the company. Reference Link
06:22 EDTSSNLFChina touch panel makers suffer as smartphone inventory rises, DigiTimes reports
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December 9, 2014
08:35 EDTSSNLFCorning Gorilla Glass 4 chosen for Samsung Galaxy ALPHA
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06:27 EDTSSNLFSamsung, white-box makers to benefit from Microsoft Mobile exit, DigiTimes says
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December 8, 2014
06:15 EDTSSNLFLenovo shipments expected to lead Samsung by 9M in 2015, DigiTimes reports
Lenovo (LNVGY) is estimated to beat Samsung (SSNLF) in mobile device shipments in 2015 by about 9M units, reports DigiTimes Research. Lenovo is set to beat Samsung by about 1M units in 2014 and become the second largest mobile computing device brand vendor worldwide behind Apple (AAPL). DigiTimes Research says Lenovo and Samsung plan to focus on maintaining tablet shipments as demand weakens in 2015. Reference Link
December 5, 2014
06:21 EDTSSNLFDRAMeXchange: DRAM spot prices hit 7-month low, DigiTimes says
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