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Samsung may delay introducing new mobile devices after Apple wins $1-billion verdict

Samsung may delay introducing new mobile devices after Apple wins $1-billion verdict



Samsung Electronics Co. may need to delay introducing new mobile devices so it can change their designs after a U.S. jury ruled that the world’s top maker of smartphones infringed Apple Inc. patents.

Apple won a $1 billion judgment on Aug. 24 that may also halt U.S. sales of Samsung’s mobile products. The companies return to court next month for a hearing on Apple’s request for a permanent ban on devices including Samsung’s Galaxy Tab 10.1.

Samsung vaulted to the top of a global smartphone market valued at $219.1 billion by Bloomberg Industries by introducing a variety of Galaxy models using Google Inc.’s Android software. The Suwon, South Korea-based company may have to postpone some product releases at a time when it needs to compete against Apple’s new iPhone and possibly a smaller iPad.

“The verdict is worse for Samsung than what many had anticipated, and it will have to change some products in its pipeline,” Chang In Whan, president of Seoul-based KTB Asset Management Co., which oversees the equivalent of $5.8 billion, said by telephone. “There could be delays in developing and releasing new models, which together with a potential sales ban could weigh on corporate value.”

Samsung’s schedules for debuting new products won’t be affected by the verdict, James Chung, a Seoul-based spokesman for the company, said by phone on Aug. 25.

(Bloomberg)


Updated : 2021-06-16 10:11 GMT+08:00