Samsung

Apple's $120 mn patent award from Samsung upheld

Washington - Muslimchronicle

The US Supreme Court on Monday upheld a $120 million patent award Samsung was ordered to pay Apple in the latest ruling in a series of legal skirmishes between the top two smartphone makers. The US justices let stand without comment a 2016 appeals court verdict reinstating the award for Apple, which sued Samsung over patents for "slide to unlock"Read more

Samsung remains top brand as global smartphone sales keep momentum

San Francisco - Muslimchronicle

The global smartphone market has momentum going into the year-end holiday shopping season, according to preliminary figures released Thursday by International Data Corporation (IDC). An estimated 373.1 million smartphones were shipped worldwide during the third quarter of this year in a 2.7 percent rise from the same period in 2016, IDC said in a statement. While IDC analysts considered theRead more

Samsung Electronics posts record Q3 profits, replaces CEOs

Seoul - Muslimchronicle

Samsung Electronics logged a record profit of $10.0 billion for the third quarter and announced a sweeping reshuffle of its top management on Tuesday, seeking to maintain its lead while its heir is in prison. The world's biggest memory chip and smartphone maker has faced multiple challenges since last year, including a humiliating recall of its flagship Galaxy Note 7Read more

Samsung's revamped Bixby takes on Amazon Alexa

London - Muslimchronicle

Samsung on Wednesday announced it is upgrading its Bixby digital assistant and making it available for a range of connected devices, setting up a clash with Amazon's Alexa and others competing for leadership in artificial intelligence. The South Korean electronics giant, which is the world's biggest smartphone maker, launched Bixby last year but only for its own flagship Galaxy handsets.Read more

Behind bars, Samsung heir Lee sees his wealth top $2 billion

Seoul - Muslimchronicle

Jay Y. Lee, the billionaire heir to South Korea’s Samsung Group, should find some comfort that its crown jewel Samsung Electronics has reported record profit every quarter since he was jailed in February, making him even richer. Detained over charges that he bribed former president Park Geun-hye, Lee has since missed the launch of two new flagship phones and threeRead more

Samsung Electronics CEO resigns, even as record profits expected

Seoul - Muslimchronicle

The chief executive of Samsung Electronics resigned Friday, saying the South Korean tech giant was facing an "unprecedented crisis", even as it flagged record third-quarter profits. Kwon Oh-Hyun's resignation comes as the company struggles to overcome a bribery scandal that sent Lee Jae-Yong, its de-facto head and heir to the Samsung empire, to jail. "As we are confronted with unprecedentedRead more

Samsung scion’s defense fights back as legal appeal begins

Seoul - Muslimchronicle

The heir to South Korea’s Samsung Group appeared in a packed court on Thursday for the first day of arguments in the appeal of his five-year jail term for corruption. The 49-year-old Jay Y. Lee was convicted by a lower court in August of bribing former president Park Geun-hye to help strengthen his control of the crown jewel in theRead more

Samsung heir Lee Jae-yong jailed for corruption

SEOUL - Musimchronicle

A lower court in South Korea has sentenced Samsung Electronics Vice Chairman, Lee Jae-yong, to five years in prison on Friday, finding him guilty of bribery, embezzlement and other charges in a massive corruption scandal that led to the ouster of the former President, Park Geun-hye. The Seoul Central District Court handed down the verdict, saying Lee is believed toRead more

Like father, like son: Samsung heir convicted

Seoul - Muslimchronicle

Samsung heir Lee Jae-Yong has spent his life trying to prove himself worthy of his father's legacy, and on Friday he followed in the older man's footsteps by being convicted in the same courtroom. Lee, 49, is vice chairman of Samsung Electronics, the world's largest smartphone maker and the flagship of the Samsung Group founded by his grandfather in 1938.Read more

Samsung heir guilty of bribery, sentenced to five years jail

Seoul - Muslimchronicle

The heir to the Samsung empire was convicted of bribery and other offences Friday and jailed for five years in connection with the scandal that brought down South Korean president Park Geun-Hye. Lee Jae-Yong's penalty could leave the vast conglomerate, which includes the world's biggest smartphone maker, rudderless and hamper its ability to make key investment decisions for years. TheRead more