Samsung faced a major setback today as the South Korean court rejected Samsung’s bid to ban sales of Apple products in the country. Samsung claimed Apple products like iPhone 4S, iPhone 5 and iPad 2 infringed three of their patents but the Court differed with the accusation as they gave a clean chit to Apple […]
Misc.
Samsung will have to offer more concessions to end EU antitrust investigation
In mid-October, Samsung offered a set of commitments to the EU Commission to settle the ongoing antitrust investigation. Now Joaquin Almunia has said that the Korean company may have to offer more than before to settle this completely. Samsung may have to improve concessions offered two months ago to end an antitrust investigation into its […]
Samsung office raided by European Commission
Samsung along with other companies like Philips and Media-Saturn were raided by European Commission for alleged involvement of driving prices of some products online. The Commission raided a number of companies after being tipped off that the “firms had worked together to limit the sale of some goods online to drive up their prices.” Although […]
Samsung Chairman’s daughter will lead Everland’s fashion business
Lee Seo-Hyun, youngest daughter of Samsung Chairman Lee Kun-Hee has been named as the President of Samsung Everland’s fashion business. Samsung Everland is the de-facto holding company for Samsung Group and is into resort, construction and fashion business, with the latter being recently transferred to Everland from Cheil Industries where Seo-Hyun was the Vice President. […]
Samsung announces its first Canadian R&D Centre
Samsung has announced the opening of its first Canadian R&D Centre in Vancouver, British Columbia. Samsung says the new centre currently employs 60 skilled software engineers, designers and operation staff and will concentrate on “developing Samsung’s enterprise security solutions, while also providing global technical support for the company’s diverse B2B customers”. Samsung spends heavily on […]