Italy’s anti-trust watchdog said on Wednesday it was fining Apple Inc. and Samsung Electronics Co. Ltd. €5 million ($5.7 million) each following complaints they used software updates to slow down their mobile phones.
Samsung Electronics Co. Ltd. said on Wednesday it has bought Barcelona-based network data analysis firm Zhilabs, as the South Korean giant gears up to launch products for connected devices and 5G mobile services that require fast data crunching.
Samsung Electronics Co. said Tuesday its second-quarter net profit edged down 0.09 percent on-year amid weak returns from the smartphone business, although the chip business posted another quarterly record profit.
After nearly five days of deliberations, a US jury on Thursday said Samsung Electronics Co. Ltd should pay $539 million (£403.26 million) to Apple Inc. for copying patented smartphone features, according to court documents, bringing a years-long feud between the technology companies into its final stages.
Iran’s Foreign Ministry has summoned South Korea’s ambassador to protest a discriminatory decision by Samsung Electronics and organizers of the Winter Olympic games in Seoul not to provide Iranian athletes with gift smartphones, demanding an apology from the technology company.