Samsung's shares took a nose dive in Seoul on Friday, dropping 6.2 percent, in response to a J.P. Morgan report that Galaxy S4 shipments in the third quarter would be "disappointing," the Wall Street Journal 's MarketWatch reported.
Great. Everyone can take their toys and go home now--except for the smartphone and tablet users who have lost out on billions of dollars in innovation, which went instead to pay patent attorneys and court costs.
A decision this week by the U.S. International Trade Commission could result in a United States import ban of Apple's iPhone 4 and iPad 2 3G due to violations of Samsung patents.
The future smartphone market will definitely grow, but at what rate depends on which research firm you consult.
The wireless industry is finally deploying 4G networks on a large scale to provide mobile broadband capabilities. But the industry is already demonstrating 5G speeds, and Samsung, Ericsson, and NTT DoCoMo are the early leaders, according to research firm Strategy Analytics.
Samsung captured 95 percent of the $5.3 billion in profits generated by global Android smartphone shipments in the first quarter of 2013, according to the latest stats by Strategy Analytics.
Samsung extended its lead in worldwide mobile phone sales to a 23.6 percent market share, buoyed by a 13 percent year-over year sales increase in the first quarter of 2013, according to the latest stats from Gartner
Apple has suffered another setback at the United States Patent and Trademark Office.
Apple is arguing that Android "provides much of the accused functionality" in the Samsung smartphones involved in its most recent patent infringement lawsuit, filed last year in a United States district court in northern California.
The global volume of smartphones enabled with near field communications is forecasted to more than double this year, according to Strategy Analytics.