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BUSINESS
August 27, 2012 | Bloomberg News
Jurors who awarded Apple Inc. more than $1 billion in its intellectual-property battle with Samsung Electronics Co. pressed through deliberations without any formal coffee breaks, worked through lunches, and continued their discussions for an hour longer than scheduled on two of the three days, jury foreman Velvin Hogan said. The panel of seven men and two women went through a "meticulous" process in determining that Samsung infringed Apple's products, said Hogan, 67. When it came time to consider whether a violation was "willful," or intentional, "we knew where we had to go in the evidence," he said, referring to emails introduced at the trial.
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BUSINESS
December 22, 1995 | GREG MILLER, TIMES STAFF WRITER
Christmas came a few days early for AST Research Inc. as the troubled company got $300 million in financial support from Samsung Electronics, triple the size of the package the companies had agreed upon in preliminary negotiations last month. As part of the deal, Samsung will provide AST with a bank credit guarantee of as much as $200 million for two years, as well as an additional $100 million to cover AST's purchases of computer components from Samsung.
NEWS
January 31, 1997 | GREG MILLER and JOHN O'DELL, TIMES STAFF WRITERS
Samsung Electronics Co., the Korean giant that has come to the financial rescue of AST Research Inc. repeatedly in recent years, made a $469-million bid Thursday to acquire the computer manufacturer outright. Saying that it could not "continue to pour money, technology and management resources into Irvine-based AST without having direct control," Samsung offered to buy all of the company's outstanding shares for $5.
BUSINESS
December 6, 2012 | By Jessica Guynn, Los Angeles Times
SAN JOSE - A federal judge signaled Thursday that she might reduce Apple Inc.'s $1-billion jury award in its patent infringement case with Samsung Electronics Co. U.S. District Judge Lucy Koh did not specify by how much she might shave the award, but during a marathon afternoon hearing in federal court in San Jose she said it did appear that the jury had miscalculated damages. In August, after three days of deliberations in the complex patent case, a jury awarded Apple more than $1 billion.
BUSINESS
November 23, 2012
Apple Inc. was ordered by a federal judge in its patent lawsuit against Samsung Electronics Co. to disclose licensing terms of a settlement with HTC Corp. U.S. Magistrate Judge Paul Grewal in San Jose said in an order Wednesday that financial terms of licensing agreements for other third parties have been disclosed in the patent-infringement case between Apple and Samsung. He ordered Apple to produce a copy of the agreement under an "attorneys-eyes-only" designation, meaning it won't be publicly available.
BUSINESS
November 19, 2013 | By Andrea Chang
Samsung Electronics said it has sold 800,000 Galaxy Gear smartwatches in two months, making the device the best-selling smartwatch in the world despite lackluster reviews. The South Korean company said Tuesday that Gear sales were better than its own expectations and that it would expand sales promotions for the device during the holidays, according to a Reuters report . "It's the most sold wearable watch available in the marketplace ... and we plan to expand its availability by expanding mobile devices that work with the Gear," Samsung said in a statement to the news agency.
BUSINESS
September 3, 2012 | By Shan Li, Los Angeles Times
After winning a landmark $1-billion patent infringement case against Samsung Electronics Co., Apple Inc. is taking aim at its rival's bestselling Galaxy S III phone. Apple has amended a complaint, filed in February, to include four more products to a list of Samsung gadgets that the Cupertino, Calif., tech giant says infringes on its patents. The list now includes the Galaxy Note smartphone as well as the Galaxy S III. In the complaint, Apple accuses Samsung of filling "the market with copycat products.
BUSINESS
September 2, 2012 | By Shan Li
After winning a landmark $1-billion patent infringement case, Apple Inc. is once again targetting Samsung Electronics Co. by taking aim at its rival's bestselling Galaxy S III phone. Apple on Friday amended a complaint, filed originally in Feburary, to include four more products to a list of Samsung gadgets that the Cupertino, Calif., tech giant says infringes on its patents. The list now includes the Galaxy Note smartphone as well as the Galaxy S III. In the complaint, Apple accuses Samsung of filling "the market with copycat products.
BUSINESS
May 4, 2012 | By David Sarno, Los Angeles Times
Samsung Electronics Co. unveiled its latest hand-held weapon in its war against Apple Inc. - a smartphone dubbed Galaxy S III that is lighter and thinner than the iPhone despite having a screen nearly twice as large. The S III, with voice command, will go on sale in Europe at the end of this month and in the U.S. and other countries this summer. The company did not offer pricing information or disclose which U.S. carriers would offer the phone, which will run on 4G wireless networks.
BUSINESS
June 27, 2012 | By Andrea Chang
Samsung Electronics said it is disappointed with a court's ruling that prevents the company from selling its Galaxy Tab 10.1 tablet computer in the U.S. while its patent infringement lawsuit with Apple plays out. The South Korean company said in a statement to The Times on Wednesday that it believed the preliminary injunction "will ultimately reduce the availability of superior technological features to consumers in the United States. " Samsung said it does not expect the ruling to have a significant impact on its business operations.
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