UPDATE: To give a better understanding on the revenue share, check out the text below in the quotes. Let’s be honest, when it comes to downloading apps on a Samsung device, Play Store is the go-to store and not Samsung Apps (except when they give away premium apps and games for free). One of the […]
Misc.
Samsung sets up Strategy and Innovation Center to innovate and create new businesses
In a bid to innovate and drive new business creation, Samsung has announced to setup a Strategy and Innovation Center (SSIC). The SSIC will be headquartered in USA and will work in tandem with the newly created $100 million Samsung Catalyst Fund, $1 billion Samsung Ventures America Fund and existing R&D centers. Samsung says the […]
Samsung and LG to settle display patent litigation
Samsung Display and LG Display who’ve been waging a legal war in South Korea will try and settle their ongoing patent litigation through negotiation. This piece of info comes after executives from both Samsung Display and LG Display met in a hotel and decided to resolve the issues. According to Samsung’s Kim Ki-nam, they’ll try […]
South Korean court rules in favour of Samsung chairman in the inheritance suit
The inheritance lawsuit involving Samsung Electronics chairman, Lee Kun-hee and his family members has come to an end. The Seoul Central District Court judge ruled that Lee Kun-hee will be able to retain more than $1 billion of stock in Samsung Electronics and Samsung Life whereas Samsung Everland, where Lee is the biggest shareholder in […]
Samsung buys 5 percent stake in Wacom for $58.7 million
Wacom, makers of stylus and digitizers for Samsung’s Galaxy Note range have confirmed an investment by the Korean company. Samsung Asia, a subsidiary of the Samsung Electronics will buy a 5 percent stake in the company which translates to roughly $58.7 million. The transaction, Wacom says, will allow Samsung to ensure “stable and timely access […]