Sunday, September 2, 2012

Impact Apple claim patent on Samsung Stock prices

Impact Apple claim patent on Samsung Stock prices : The new US claim is the latest chapter in a long-running global patent war between the smartphone giants, which have accused each other of stealing intellectual property for their own products.

Apple won $1.05 billion on August 24, when a California jury found the South Korean electronics giant infringed dozens of patents held by Apple.

Apple and Samsung are battling over the smartphone market, estimated by Bloomberg Industries to be worth $219 billion last year, with patent disputes being litigated on four continents. Apple won a $1.05 billion verdict in the U.S. on Aug. 24, with a jury finding that Suwon, South Korea-based Samsung infringed six of seven patents for mobile devices. The two companies are also bound by commercial deals involving components supply.

Apple, the maker of iPhones, sued Samsung, the world’s biggest maker of mobile phones, in Tokyo last year, claiming the Galaxy S, Galaxy Tab and Galaxy S II infringed the patent on synchronization, and sought 100 million yen ($1.3 million) in damages, according to court documents. The Galaxy series of products in Japan is offered by NTT DoCoMo Inc. (9437), the country’s biggest mobile-phone company.

Apple Inc. lost a patent lawsuit in Japan as a Tokyo judge ruled that Samsung Electronics Co. (005930) smartphones and a tablet computer didn’t infringe on an Apple invention for synchronizing music and video data with servers.

Samsung welcomed the decision, the company said in a statement. Carolyn Wu, a spokeswoman for Apple, declined to comment.

The Tokyo court also ruled out today an injunction request by Apple to bar Samsung from offering eight models of Galaxy products in Japan, said Kenichi Hasegawa, a Tokyo-based spokesman for Samsung.

Shares of the South Korean company rose as much as 1.6 percent after the ruling, reversing an earlier decline, and closed 1.5 percent higher at 1.233 million won in Seoul. Apple shares fell as much as 2.1 percent in German trading before changing hands at 528.9 euros.

Samsung doesn’t provide sales figures for Japan. The company generated about 12 percent of its revenue from Asia, excluding South Korea and China, in the quarter ended June 30, according to data compiled by Bloomberg.

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