Samsung Electronics Co. continues to establish its market leadership as the highest grossing smartphone maker in the congested Android smartphone industry. By offering a broad-selection of models, at different price-points and feature-options, the company’s Android smartphone profits are astonishing 95 percent of the revenues earned by the Android smartphone market. The South Korean giant firmly grasped an individual profit of as much as $5.1 billion from the total $5.3 billion posted by Android smartphone industry for the first quarter ended March, according to the findings issued by Strategy Analytics. The Samsung’s domination of Android in 2013 does not come as a surprise to those within the industry.
Samsung Electronics Co. has beaten analysts’ expectations in the third quarter. The world’s largest technology company by sales saw an operating profit growth of over 85 percent due to strong Galaxy smartphone sales. A record profit in the three months to September of approximately $7.3 billion was reported by Samsung Electronics. The Samsung Electronics’ profit nearly doubled last year’s results thanks to strong sales in both high-end TVs and Galaxy smartphones which balanced reduced orders for chips and screens from company’s biggest rival, Apple Inc.
According to a judge, Apple Inc. did not in any way violate patents owned by Samsung Electronics in producing the company’s popular iPod Touch, iPad and iPhone. The statement was issued in a preliminary ruling at the International Trade Commission held on Friday.Terms of the DisputeThe dispute between the two major electronics companies have reached extreme proportions with either of them dragging the other to court in some 10 countries over patent rights. Both Samsung Electronics and Apple Inc. are rivals; out to grab the maximum share of the large scale and ever-expanding mobile industry.
The war for mobile industry dominance is ready to take place this Christmas as reputed mobile phone manufacturers will attempt to capture the spotlight with the range of smartphones being introduced shortly. It is important to hold the imagination of consumers this year since the cause of mobile industry supremacy has already started to gain headway. Smartphones are slowly becoming substitutes for desktop computers as the simplest and most efficient way of logging on to the internet.
Samsung was ordered to pay a sum of $1 million to Apple Inc. for infringement of patents. Now, just a week after the incident, a court in Japan has supported the South Korean electronics giant in a new dispute with its market competitor from the U.S. On Friday, the Tokyo District Court passed the verdict that Samsung had not breached Apple’s patents for its iPad and iPhone for the purpose of duplicating them in some of its Galaxy smartphones and also the Galaxy tablet.
Apple Inc. has approached a court in order to place an injunction on eight Samsung phones in the United States.The Samsung phone models include the Galaxy S 4G, Galaxy S2 Epic 4G, Galaxy S2 T-Mobile model, Galaxy Prevail, Galaxy S2 Skyrocket, Galaxy Showcase, Galaxy S2 AT&T model and the Droid Charge.
Apple Inc. has claimed that they are entitled to about 2.525 billion dollars as damage in their battle of high stakes against Samsung Electronics Co. The dispute has been over patents for the technologies that are used in the tablets and the smart phones, such as the iPad or the iPhone.
Sony has been facing deep losses in televisions and is struggling to come out of it. In a move to reduce its huge losses, Sony has decided to sell of its entire stake in an LCD manufacturing joint venture with Samsung Electronics for US$934 million (1.08 trillion won).
In the news that took tech industry by surprise, sales of Samsung Electronics surpassed those of Apple Inc. Apple phones are known to be the highest bought consumer electronics in the world, and rarely has any other brand’s products ever threatened to overtake Apple’s sales. However, the impossible has happened and Samsung has sold a […]