Samsung, LG and six other companies have been sued by Illinois over price fixing of the television and computer monitor panels. The lawsuit that is filed in Chicago claims the companies came together to fix the price and limit production of the cathode-ray tubes from March 1, 1995 to November 25, 2007. The complaint […]
Misc.
Samsung Conducts Groundbreaking Ceremony For Memory Plant in China
Earlier this year, Samsung confirmed the location of the memory plant in China and today the Korean giant held a groundbreaking ceremony for the memory fabrication line in Xian in China. Samsung Electronics Vice Chairman and CEO Dr. Oh-hyun Kwon led the event that was attended by about 600 attendees. This will be Samsung’s […]
Samsung SDI To Dissolve Joint Venture with Bosch
Samsung SDI today announced that they’ll end the 4-year partnership with Germany-based Bosch due to the disagreement on the future strategy of the company, SB LiMotive. Samsung SDI has agreed to pay $95 million to buy the 50% stake from Bosch. Samsung reckons having full control on the company will allow them to take […]
Two Samsung OLED TVs Goes Missing While In Transit To IFA
Samsung’s two OLED TVs have gone missing while the television sets were en route for the IFA trade show. The new top-end TVs were meant to be showcased at the IFA in Berlin, Germany and were shipped from South Korea on Aug 21. However, the shipment that reached Germany on Aug 28 were short […]
Japan Court Rules Samsung Didn’t Infringe Apple Patent
Here’s some good news for Samsung from Japan. Reuters reports Tokyo court today ruled that Samsung did not violate the Apple patents. The patent in question dealt with transferring of media across devices. Samsung and Apple are engaged in a global patent battle with Korea fining both companies to violating patents whereas the jury […]