What's new

Apple Gets $1 Billion From Samsung

To put things in context...

574974_10151116215241950_1237354473_n.jpg
 
.
fair decision by Judges I'd say. Samsung is thief and copycat player in the field.
 
.
samsung should stop supplying components to apple. let them find new supplier and face long list of delays for their future icrap.. imagine how much much money apple will lost.. lo
 
.
28 August 2012

Samsung Pays Apple $1 Billion Sending 30 Trucks Full of 5 Cents Coins

This morning more than 30 trucks filled with 5-cent coins arrived at Apple’s headquarters in California. Initially, the security company that protects the facility said the trucks were in the wrong place, but minutes later, Tim Cook (Apple CEO) received a call from Samsung CEO explaining that they will pay $1 billion dollars for the fine recently ruled against the South Korean company in this way.

the funny part is that the signed document does not specify a single payment method, so Samsung is entitled to send the creators of the iPhone their billion dollars in the way they deem best.

This dirty but genius geek troll play is a new headache to Apple executives as they will need to put in long hours counting all that money, to check if it is all there and to try to deposit it crossing fingers to hope a bank will accept all the coins.

Lee Kun-hee, Chairman of Samsung Electronics, told the media that his company is not going to be intimidated by a group of “geeks with style” and that if they want to play dirty, they also know how to do it.

You can use your coins to buy refreshments at the little machine for life or melt the coins to make computers, that’s not my problem, I already paid them and fulfilled the law.

A total of 20 billion coins, delivery hope to finish this week.

Let’s see how Apple will respond to this.

http://en.paperblog.com/samsung-pays-apple-1-billion-sending-30-trucks-full-of-5-cents-coins-294795/
 
.
28 August 2012

Samsung Pays Apple $1 Billion Sending 30 Trucks Full of 5 Cents Coins

This morning more than 30 trucks filled with 5-cent coins arrived at Apple’s headquarters in California. Initially, the security company that protects the facility said the trucks were in the wrong place, but minutes later, Tim Cook (Apple CEO) received a call from Samsung CEO explaining that they will pay $1 billion dollars for the fine recently ruled against the South Korean company in this way.

the funny part is that the signed document does not specify a single payment method, so Samsung is entitled to send the creators of the iPhone their billion dollars in the way they deem best.

This dirty but genius geek troll play is a new headache to Apple executives as they will need to put in long hours counting all that money, to check if it is all there and to try to deposit it crossing fingers to hope a bank will accept all the coins.

Lee Kun-hee, Chairman of Samsung Electronics, told the media that his company is not going to be intimidated by a group of “geeks with style” and that if they want to play dirty, they also know how to do it.

You can use your coins to buy refreshments at the little machine for life or melt the coins to make computers, that’s not my problem, I already paid them and fulfilled the law.

A total of 20 billion coins, delivery hope to finish this week.

Let’s see how Apple will respond to this.

Samsung Pays Apple $1 Billion Sending 30 Trucks Full of 5 Cents Coins - Paperblog

disgusting deed by Koreans.
 
.
The interesting story between the two giants of the smartphone continues...

Tokyo Court Hands Win to Samsung Over Apple
By HIROKO TABUCHI and NICK WINGFIELD
Published: August 31, 2012

TOKYO — A Japanese court on Friday rejected patent claims made by Apple against Samsung, a victory for the company after its crushing defeat in the United States last week and a reminder of the global scope of the patent war between the two technology giants.

While Apple prevailed over Samsung in the United States, winning an award of $1 billion in damages from a federal jury, the two companies remain neck-and-neck in legal disputes in almost a dozen countries. A judge in South Korea, where Samsung is based, for example, handed down a split decision in a patent case shortly before the jury verdict in the American case.

“Internationally, it’s been a mixed picture” for Apple, said James Bessen, an economist and lecturer at the Boston University School of Law. “Part of that is because most other countries don’t have the same attitude toward software patenting that the U.S. has.”

For both companies, Japan makes up a far smaller proportion of sales than the all-important American market. But the Tokyo ruling suggests that despite Apple’s victory last week, the jostling between the two companies for the upper hand in the fast-growing smartphone and tablet businesses is just beginning.

http://www.nytimes.com/2012/09/01/technology/in-japan-a-setback-for-apples-patent-fight.html
 
.
Apple is losing to Samsung else where in the world but only USA... does that ring any bells?
 
.
Apple is losing to Samsung else where in the world but only USA... does that ring any bells?
Yup! America is throwing in protectionism under the guise of "infringement of copyrights" to foster her spoiled brat.
 
.
Samsung’s plan for revenge: Sue Apple if it dares release an LTE iPhone

Samsung confirmed that it will immediately sue Apple if the latter releases products using advanced long-term evolution (LTE) mobile technology. LTE has been emerging as the top standard in the global mobile industry.

Samsung set to strike back against Apple <img src=http://110.45.173.101/www/news/images/ic_korean.gif>

Apple is being too anti-competitive. Instead of seeking a monopoly through court they should accept imminent challenges coming from the likes of Samsung, HTC and Nokia etc. Their desire to abuse patent laws will have far-reaching repercussions for both companies and the consumers.
 
. . .
Back
Top Bottom