At the 44th Annual General Meeting in Seoul, Samsung Electronics today named BK Yoon and JK Shin as co-CEOs of the company. This is an interesting move because Samsung Electronics will now have three co-CEOs as Oh-hyun Kwon who was appointed as the CEO last June will continue to retain his position. Samsung says the […]
Misc.
Samsung users in South Africa get free Wi-Fi for a year
Using a Samsung device in South Africa? Well, you’re eligible for a year’s worth of free Wi-Fi. Samsung has teamed up with AlwaysOn to offer free access to Wi-Fi hotspots across the country for up to 12 months. Users will be able to access the internet from over 1200 AlwaysOn hotspots and will get 1GB […]
UK Court sides with Apple on 3G patent lawsuit
Samsung saw another decision going the other way as UK court ruled that Apple did not infringe on Samsung patents. The three patents in question were related to 3G data processing and transmission. Needless to say, Samsung is unhappy with the decision but did say that they could file an appeal after a “thorough review […]
Samsung to invest 10.4 billion yen (US$112 million) in Sharp
UPDATE: As on March 28, Sharp has allotted 35,804,000 shares to Samsung Electronics Japan. [PDF Link] Sharp today announced that they’ve formed a capital alliance with the Japanese subsidiary of Samsung Electronics. Under the alliance, Samsung will invest 10.4 billion yen (approx. US$112 million) and will receive shares equivalent to 3.08 percent and thus ensure […]
US Judge reduces patent infringement damages by $450.5 million
The jury in the US case back in August last year awarded Apple a sum of $1.05 billion in damages as they found Samsung infringing iPhone maker’s patents. But according to the latest news judge Lucy Koh has reduced the awarded damages by $450.5 million. The reason for reducing the damages were that the jury […]