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BUSINESS
March 18, 2013 | By Andrea Chang
Thanks to the increasing popularity of tablets and smartphones, the number of Internet-connected devices in U.S. homes has surpassed half a billion. The number of connected devices per U.S. household with Internet access has grown to 5.7, up from 5.3 devices three months ago, according to a report released Monday by market research firm NPD Group. During that period, the “installed base” of tablets grew by nearly 18 million units, and smartphone users increased by nearly 9 million.
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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
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
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
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
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.
BUSINESS
May 3, 2012 | By David Sarno
Samsung Electronics Co. unveiled its latest handheld weapon in its war against Apple Inc. The smartphone, called the Galaxy S III, is designed to better understand the whims of its owner, and manages to stay lighter and thinner than the iPhone, despite having a screen nearly twice as large. The SIII will go on sale in Europe at the end of this month, and in the U.S. and other countries sometime this summer. The company did not offer pricing information or disclose which U.S. carriers would offer the phone, which will run on faster 4G wireless networks.
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.
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