Samsung has announced an extension of its partnership with the Olympic Games till 2020. Samsung will continue to be a Worldwide Olympic Partner in the Wireless Communications Equipment category and the new agreement will extend through to the 2020 Olympic Games. Samsung’s Jay Y Lee attended the signing ceremony that took place in Nanjing, China. […]
Misc.
Samsung, Microsoft looking to settle ongoing lawsuit
Samsung and Microsoft are looking to settle their latest patent-related dispute, according to a report by Korea Times. An unnamed “industry official” claims Samsung and Microsoft have resumed “working-level discussions” to dismiss the lawsuit filed by Microsoft in the U.S. District Court, Southern District of New York. Samsung and Microsoft have declined to comment on […]
Samsung to buy SmartThings as part of its Internet of Things (IoT) initiative
Given the recent announcements, it’s somewhat obvious IoT will be the next big thing for Samsung. Today the company announced to acquire SmartThings, a US-based “leading open platform for the smart home and the consumer Internet of Things.” Samsung hasn’t disclosed the monetary value involved but according to TechCrunch, it could be in the ballpark […]
Samsung and Apple drop lawsuits outside US
With all the bad blood between Samsung and Apple, we thought this day would take an eternity but nevertheless, both Samsung and Apple have agreed to drop their ongoing patent lawsuits outside the United States. The surprising decision came today where the companies issued a joint statement confirming to drop the lawsuits in eight countries […]
Samsung will reduce business with Chinese supplier that hired underage workers
After temporarily suspending business with Dongguan Shinyang Electronics Co. Ltd that was alleged in hiring underage workers, Samsung has confirmed that they will reduce business volume with the company by 30 percent. Samsung still maintains zero tolerance policy for child labour but the change of decision from a complete suspension came after Samsung found the […]