Samsung Electronics has published financial result of Q3 2011 that ended on September 30, 2011. On a consolidated basis, Samsung posted revenues of 41.27 trillion won and net income of 3.44 trillion won, a 3 percent increase Year-on-Year (YoY) and 23 percent decrease YoY. Consolidated operating profit stood at 4.25 trillion won for the […]
Misc.
Italy court turns down Samsung appeal to ban iPhone 4S sales
Samsung won’t be able to block the launch of iPhone 4S in Italy as the court in Milan has denied Samsung’s appeal for the same. Samsung claimed iPhone 4S infringed two of its patents but court reckoned the claims weren’t enough to stop the launch of iPhone 4S. However, good thing is that the […]
Samsung creates Solar-powered Internet School for Africa
In a bid to address Africa’s electrification limitation and to “positively impact lives” of African citizens, Samsung has developed a Solar-powered Internet School. This development helps Samsung to fulfill its CSR initiatives and helps Africans for their betterment. The Solar-powered Internet School makes it easy to transport to remote areas as well as protect […]
Samsung and Cheil Worldwide install transparent LCDs for advertising
Samsung Electronics’ LCD division has teamed up with Cheil Worldwide to install transparent LCDs at subway stations in South Korea. Samsung has installed 22-inch transparent LCDs and is the first time the LCDs will be shown to the normal public as opposed to the trade shows where it has been showcased previously. The move […]
US court dismisses some antitrust claims against Samsung
After a tough last week, here’s some good news for Samsung. Federal court in California has dismissed some of Apple’s antitrust claims against Samsung. Apple claimed “Samsung misrepresented its intent to license certain patents on fair terms” but judge, Lucy Koh thought otherwise. However, Apple can still reclaim it by revising their complaint. Bloomberg […]