SAMSUNG SHARES FALL ON THE STOCK MARKET AFTER ITS DEFEAT AGAINST APPLE

After its defeat against Apple in the California courts, Samsung tried yesterday to reassure shareholders, employees, and consumers, despite the enormous fine imposed on the South Korean group and the threat of a ban on its products, which caused its shares to plummet on the stock exchange.

Samsung shares fall on the stock market after its defeat against Apple
CRYPTOCURRENCIES AND INVESTMENTS

Martes, 28 de Agosto de 2012

Estimated reading time: 4 min.

The world number one in mobile phone sales announced on Saturday that it will appeal the ruling in the dispute with Apple, to which it has to pay a fine of more than one billion dollars for patent violation.

In a message to its employees, posted on a blog, the group said it was "very disappointed" by the verdict, but promised to wage a fierce fight against its American competitor, even in the courts, where the two companies are already fighting battles over the same disputes. technological.

Samsung's stock lost 7.5 percent on Monday on the Seoul Stock Exchange, the worst fall recorded by the South Korean multinational in almost four years. At the same time, Apple gained 2.45 percent on the Frankfurt Stock Exchange.

The shares of other Asian manufacturers of multifunction phones, which use, like Samsung, Google's Android operating system, a collateral victim of the ruling, also fell yesterday, such as the South Korean LG and the Taiwanese HTC.

After three weeks of hearings, the jury of the San José court, in California, partially gave reason to the demands of the apple group, which accused Samsung of having copied its iPhone phone and iPad tablet. Samsung was sentenced to pay 1,050 million dollars (about 840 million euros).

For the majority of the analysts questioned, the fine imposed on the South Korean is not a major problem. Jeff Kang, analyst at Daishin Securities, highlighted that Samsung has savings of about 20 trillion won (14 billion euros). "Samsung's profits will be about 7.5 trillion won in the third quarter. A billion dollars is not a problem" for the company, said James Song of Daewoo Securities.

But the process, the largest of its kind in years in the United States, raised many expectations, given the potential consequences for the booming market for computing tablets and smartphones. For Kagan, a technology analyst, "the next question is whether Samsung will be able to continue using the technologies" in question "or whether it will have to withdraw its devices from the market."

In this sense, a decision from the US Justice Department is expected on September 20. If not, Samsung's results will suffer from the fourth quarter, according to Song Myung-Sup, an analyst at Hi Investment and Securities.

But the damage will be limited. Most of the affected products have been on the market for several months now and the "commercial" life of a phone rarely exceeds 18 months. For Song Myung-Sup, it would represent about 5 percent of Samsung products in circulation.

On the other hand, Samsung would have a lot to lose if its new Galaxy S3, the flagship of its range, were banned in the United States. A perspective that explains the collapse of its shares yesterday, according to Song Myung-Sup, although many analysts do not believe it.

What are the six Apple patents that Samsung violated?

According to the Business Insider portal, cited by the Europa Press agency, the six patents that Samsung has not respected have to do with the way in which users scroll through the pages and with the design of both the terminal and the distribution of the pages. applications.

  • Patent 163: Magnification of documents by touching the screen. Apple registered the ability to double-tap the screen to enlarge or reduce text. According to the jury, the South Korean company has violated this patent in 12 of its devices.
  • Patent 381: "Bounce" of the page when moving beyond the limit of the page. The Cupertino company recorded the bounce movement that occurs on a page when the user reaches the end of it or within an application. The jury determined that Samsung infringed this patent on 21 of its smartphones.
  • Patent 915: Distinction between single-touch gestures and multi-touch gestures, such as enlarging by "pinching" the screen. The iPhone is smart enough to know when you're using one finger and when you're using two. The jury determined that Samsung violated patent 915 in 21 of its smartphone models.
  • Patent 087: Ornamental design of the iPhone (white). Apple has patented the design and shape of the iPhone. This means that its rectangular shape and design belong to Apple, which is why Samsung infringed this patent on 12 of its terminals.
  • Patent 677: Ornamental design of the iPhone (black). In addition to patenting the shape and design of the white iPhone, Apple also patented the black iPhone.
  • Patent 305: The rounded corners of application icons. Apple was the one who designed this type of icon, with rounded corners, so the jury has determined that Samsung infringes this patent in 13 of its terminals.

Apple wants to prohibit the sales of some Samsung products in the US

Apple provided a list of devices that, it hopes, will be prohibited from being sold in the United States and says that "this list has been adapted to address part of the immediate and irreparable damage that Apple is suffering." The list starts with 28 devices and is narrowed down to eight that are currently on the market.

The list includes: Galaxy S 4G, Galaxy S2 AT&T, Galaxy S2 Skyrocket, Galaxy S2 T-Mobile, Galaxy S2 Epic 4G, Galaxy S Showcase, Droid Charge, Galaxy Prevail.

Source of Information: Pagina 12 / iProfesional / Lincipit

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