460°
Submitted by AgentWhite 270d ago | news

Samsung shares fall after jury orders $1bn in damages

BBC : Shares of Samsung Electronics have suffered their biggest fall in a single day, in almost four years, after a US jury found the technology giant copied designs from Apple. (Industry, Samsung, Services, Web)

thebudgetgamer  +   270d ago
That's rough, hopefully they can turn it around.
OVOXO_Mike   269d ago | Trolling | show
cee773  +   269d ago
yea the battle but not the war this will be appealed
LOL_WUT  +   270d ago
Ouch
Azmatik  +   270d ago
this is disgusting
Fil101  +   269d ago
yep
360ICE  +   270d ago
Oh, this is like a gladiator fight.

Yes! Die! Die corporations, die!
I have everything and you have nothing!

...wait a moment
JBernardo  +   270d ago
This is retarded to be honest. Apple wants to monopolize the industry, and the US courts are just kissing their shinny $$$ ass. I don't own a Samsung, and I agree that they went a little over the board with the design of their products, but don't think for a minute that Apple wouldn't abuse a patent just to strike down any other smartphones... It's very sad, they are the biggest company in the world atm, and they still want more and more... Sounds very greedy to me...........
thebudgetgamer  +   269d ago
Do you think Samsung would not have done the same if the roles were reversed?
Pandamobile  +   269d ago
No, because Samsung actually try to compete. Apple on the other hand is losing marketshare to Android and can no longer compete with the number and variety of today's smartphone world, so they're just trying to sue the pants off of anyone that makes cell phones, starting with the biggest.
evil_element  +   269d ago
lol, don't fear for Samsung. Google will refund them for this lost battle. Like it goes everyone believes in the proxy company (Samsung), while google can secretly plot the next attack through its next puppet company.

Odd how it took decades for both Apple and M$ to get where they are today. While newer companies just move in leaps and bounds with little to no R&D.
Raf1k1  +   269d ago
'plot'?
'attack'?
'puppet'?

Me smells a conspiracy theorist lol.
zag  +   269d ago
Google don't make money of android, they made 38 million of android and said it'll generally always lose money.

reason is that any company can use android it's a freebie OS for companies to use.
simonrope   269d ago | Bad language | show | Replies(1)
The_KELRaTH  +   269d ago
I can only think that the Jurors have no understanding of electronics and are also swayed to support Apple due to being a US company.
Of course at the heart of the issue is the politicians creating laws without looking at the consequences. No company should be allowed to patent ideas that are clearly an evolution of other ppl's ideas. Protect from piracy, duplication etc sure but not technical evolution.

No Apple hardware is a new development like the light bulb, they are all just evolutionary products due to the advances in manufacturing processes and components of other manufacturers.
chukamachine  +   269d ago
And people thought the shares would rise, DOH./s
evil_element  +   269d ago
So no feels if you creating a software program that does a neat trick or design a concept that blows something out of the water. That you cant in someways protect your ideas.

Or you wrote the next big novel or created a new way of doing something, that you hope to make money from only to be ripped by someone else. Is Fair??

Heres an extract from a site called ACID (anti copy in design) group.

"Every single aspect of the creative economy is underpinned by intellectual property, intellectual capital, know how and ideas – it is the lifeblood running through the veins of the future prosperity of a Creative Britain. In order to make it easier for creative people to build on their success it will be equally important to raise awareness about the protection, exploitation and commercialisation of IP."

"Good design, recognised as a market differentiator, doesn’t happen by chance. It takes years to create a brand with a pedigree of creative excellence not only to lead on visual elements but on essential ingredients/components such as quality engineering, high specification raw materials, health, safety and environmental compliance and skilled craftsmanship."

Still think its fair to work incredibly hard, only for someone else to rip your work and put their name on the credits.
#9 (Edited 269d ago ) | Agree(1) | Disagree(0) | Report | Reply
bahabeast  +   269d ago
apple started this all. as soon as samsung got popular in phone market they stop using thier on board chips, took away google maps and threw thier once business partner in court for some dumb sh*t about design. this is the heights of pettiness, i still perfer samsung over apple even though in rocking a nokia. i honestly think the judge went with apple because its in u.s and samsung is from korea (i think) microsoft case is still stalling after they use motorola pattens without permission. why isnt that case over with???

F U - APPLE except your macbook its sweet.
F U - AMERICA
Crazay  +   269d ago
Samsung is still a major supplier of chips - This hasn't changed.

Your point about an American company receiving a favored ruling in America over a Korean company isn't necessarily wrong. The same day Samsung won in Korea over Apple no shocker there.

1 Billion dollars is a lot of coin but Samsung won't loose much sleep over it. They're worth something to the effect of $130+ billion if memory serves. Apple is just a company thats wants to patent everything. I'm shocked they haven't gone after google or any of the other companies who make smart phones with touch screens, rounded edges and HD capability. My guess is because they really only care about Samsung because HTC has SFA and Sammy is the one true threat to their market share.
So sony can now be sued over there controller?
mcstorm  +   269d ago
I think this was always going to happen in the end. I feel sorry for Samsung but im sure over the next few months they will be back up again. They are due to launch a Windows 8 tablet and some new Windows 8 phones too which will help boots the sales of Samsungs products as they are not looking to push MS products now they are sitting top of the Android Market.

I also expect them to give us some more Android Devices too as well as there TV and Audio Department all doing very well at the moment I don't see this hurting them too much in the long run.
sumus  +   269d ago
Think i'll go out and buy a sgs3 right now....!
kidman  +   269d ago
both Apple and samsung sux
Moentjers  +   269d ago
mmfffph grmmmpfff mmmmwwwwwhoehahahahaha

Sorry, but really you'll have to admit that both still have some serious handy stuff out there on the market.
t3rrorc3ll  +   268d ago
The jurors had no knowledge of electronics? The whole of America has no idea of electronics. This is the same country who continued to buy the xbox 360 after over 33% failed from rrod. They are also quit happy to pay for xbox live the biggest ripoff system on earth. Its funny apple still use Samsung chips going to get more expensive for apple to get those chips I would say. But laugh apple troglodites. Enjoy your extremely bad electronic products. Maybe apple could pay their Chinese factory workers a little more now.

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