You read it right, Samsung has agreed to pay Apple damages but with some conditions. According to Foss Patents, yesterday Samsung and Apple filed a joint case management statement with the US District Court for the Northern District of California saying Samsung has “made arrangements” to complete the payment to Apple. Samsung will pay Apple […]
Misc.
Samsung brings in a new chief to head the mobile division
Samsung today confirmed that they’ve replaced JK Shin with a new head for its mobile business. DJ Koh, who was promoted to be the head of the Mobile R&D Office at the Mobile Communications Business last year has now been promoted to spearhead Samsung Electronics’ handset business. JK Shin, however, will still hold its position […]
Samsung bags 38 CES 2016 Innovation Awards
Samsung has confirmed that 38 products from their portfolio have won the CES 2016 Innovation Award. The awards are given every year to companies by CTA (formerly known as CEA), the producers of CES expo on the basis of product design and engineering since 1976. Samsung’s winning products include from categories like TV, Monitor, Mobile, […]
Samsung releases Q3 2015 result
Samsung published its financial results for the third quarter that ended on September 30, 2015 (Q3). Samsung reported revenues of 51.68 trillion won, an increase of 6 percent quarter-on-quarter (QoQ) and an operating profit of 7.39 trillion won, a 500 billion won increase. Samsung attributes the improved result due to favourable exchange rate and sales […]
Samsung Pay expands its platform in US
Samsung Pay seems to be growing by leaps and bounds. After surpassing a million user in South Korea, Samsung has confirmed that they’ve witness a strong growth in the US market. Although Samsung hasn’t shared the number of users but confirmed that there is a strong indication of repeat usage. The service averaged eight transactions […]