UPDATE: Reuters report puts a figure to the settlement. According to them, it’s $650 million. Click here for full report. Samsung seems to be in a cross-licensing mood as the Korean giant has now settled with Ericsson, mere hours after it announced a cross licensing agreement with Google. The cross licensing agreement relates to GSM, […]
Misc.
Samsung and Google enter global patent licensing agreement
Samsung and Google have cemented their relationship with a new cross patent licensing agreement. On their official blog, Samsung announced that both companies entered in a “long-term cooperative partnership with a global patent cross-license agreement covering a broad range of technologies and business areas.” While there’s no mention of any monetary consideration, the blog post […]
Samsung announces Q4 2013 results
Samsung today announced the financial results of its fourth quarter that ended on December 31, 2013. Samsung posted a revenue of 59.28 trillion Korean won, which is just a 0.3 percent increase quarter-on-quarter. The reported consolidated operating and the net profit reached 8.31 trillion won and 7.30 trillion won respectively. This is the first time […]
Samsung collaborates with illycaffè to enhance retail store experience
What is common between the biggest consumer electronics manufacturer and a premium coffee maker? You guessed it right – nothing! But Samsung and illycaffè today announced their multi-year partnership that aims to improve the overall experience in their respective flagship retail stores. While illycaffè will provide Samsung at their showrooms and events a “superior coffee […]
Samsung releases app to track Sochi 2014 Olympic Winter Games
As promised, Samsung has released an app for consumers to track all the happenings at the 2014 Olympic Winter Games that will start from next month. The Samsung WOW (Wireless Olympic Works) is now available on the Play Store and Samsung Apps and enables users to “personalise their Olympic Winter Games experience.” The app will […]