Samsung shares fall after it sues Huawei over patents

Image copyright Getty Images

Shares in Samsung Electronics have dropped after the smartphone giant sued rival Huawei in multiple courts in China over alleged patent infringement.

They closed down 1.8% in Seoul.

The country's benchmark Kospi index wrapped the day flat at 2,010.34.

The two companies are already entangled in several legal battles over the use of proprietary technology, including fourth-generation (4G) cellular technology, operating systems and user interface software.

Huawei sued Samsung in the US in May.

The rest of Asia's share market are mostly lower on Friday due to a tepid earnings season so far on Wall Street.

Japan's Nikkei 225 closed 1.1% lower at 16,627.25 points.

Nintendo shares ended the day 0.8% higher after earlier jumping by nearly 5% on news it's finally launched the wildly popular Pokemon Go in Japan.

Australian shares finished down 0.3% at 5,498.20.

Hong Kong's Hang Seng wrapped up trading flat at 21,964.27, while the mainland's Shanghai Composite closed 0.9% down at 3,012.43 points.

Source: Samsung shares fall after it sues Huawei over patents

Comments

Samsung is building a revolutionary ROLL-UP smartphone

GETTY • US PATENT OFFICE Example of a flexible display, LEFT, and the illustrations filed with the Samsung patent, RIGHT Samsung has been awarded a US patent for a brand-new foldable, rollable display to use across its smartphone and tablet ranges. The South Korean technology firm recently used its flexible display technology in the award-winning Galaxy S6 Edge, which has a dual curved QHD screen. However this latest patent, which was published by the United States Patent and Trademark Office, shows the company has bolder ambitions for its curved displays. The illustrations filed with the approved patent reveal a cylindrical hub, which houses the rolled display – which unfurls like a pair of window blinds. US PATENT OFFICE The US patent contains a futuristic cylindrical smartphone with a roll-up display Users then pull a tab at the end of the multitouch display to unroll it from the hub and use the full screen real estate available on the tablet or smartphone. To achiev

HTC 10 vs Samsung Galaxy S7 / Edge vs LG G5

In the Android world, we follow a familiar release cycle when it comes to flagship smartphones, mostly centered around the two major trade shows, MWC and IFA. This year, Samsung and LG were first out of the gate with their respective flagship offerings being showcased back during MWC 2016, and while HTC was a little late to the party, we now have all three high-end offerings to choose from. Each device brings something unique to the table to help distinguish themselves from the other, and we've covered them extensively here at Android Authority with comprehensive reviews, in-depth comparisons, and feature focus articles. Which is the best of the lot? That is what we aim to find out, as we take a closer look at the HTC 10 vs Samsung Galaxy S7 / Galaxy S7 Edge vs LG G5 in this unique triple-threat versus! Design In design, we start with the LG G5, given its complete departure from the norm with regards to design and build quality. The G5 now features a full-metal

Why do Android fanboys hate admitting that Samsung copied Apple?

It's impossible to cover the mobile market without diving into the good ol' "iOS vs. Android" debate from time to time. These are the two biggest mobile platforms on the planet, so they're constantly being compared. Likewise, Samsung and Apple are the world's top two smartphone vendors, so their phones are constantly pitted against each other as well. Of course, there's another reason Apple and Samsung are often mentioned in the same breath: after entering the market, Samsung quickly grew to become the top mobile device maker on the planet thanks in large part to Apple. First, Samsung did everything it possibly could to copy Apple's iPhone and iPad. Then, it spent billions upon billions of dollars belittling Apple products in TV, online, and print advertising. Samsung spent years positioning its own devices as the cool alternative to Apple's iPhone, and its efforts paid off big time. Even now, Samsung continues to copy Apple all the time acro

Samsung Android Phones

Search This Blog