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FACTBOX: Smartphones no longer Samsung's star performer

Date:
April 29, 2014
Source:
Reuters - Business Video Online / Powered by NewsLook.com
Summary:
Declines in profit and market share for Samsung Electronics suggest the tech giant can't count its smartphone business the way it used to, but the company is optimistic about a near-term pickup. Video provided by Reuters


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last updated on 2014-09-30 at 12:43 pm EDT

California Law on Anti-Theft Switch for Smartphones Goes to Governor

California Law on Anti-Theft Switch for Smartphones Goes to Governor

TheStreet (Aug. 12, 2014) — A California law which will require smartphones to have a switch allowing users to render the device inoperable when stolen is in the final approval stage. The California Senate passed the so-called kill switch measure on Monday. The bill is now being sent to Governor Jerry Brown for his signature. According to the bill's author, theft of smartphones had been growing along its popularity, and two-third of the robberies in the Bay Area involved smartphones. He said, 'Our goal is to swiftly take the wind out of the sails of thieves who have made the theft of smartphones one of the most prevalent street crimes.' If the governor signs the bill, smartphone makers like Apple and Samsung will need to notify the users when the technology becomes available. It would also require wireless carriers to check user name and passwords associated with phones that were once deactivated before the phones can be used again. Minnesota passed a similar bill earlier this year and lawmakers in New York, Illinois and Rhode Island are considering similar legislation. TheStreet's Julia Sun reports from New York. Video provided by TheStreet
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Apple Files for Sales Ban on Nine Samsung Phone Models

Apple Files for Sales Ban on Nine Samsung Phone Models

TheStreet (May 27, 2014) — It's round two in the battle between Apple and Samsung after Apple filed for a sales ban on nine of Samsung's older models of phones. It's the latest in what has been a long legal battle between the companies. Earlier this month, Apple received only $120 million dollars in a patent lawsuit against Samsung, a fraction of the $2.2 bilion dollars it had originally sought in damages. Now, Apple is seeking a ban, arguing it is more important than any monetary compensation won in protecting the three patents it accuses Samsung of infringing. For its part, Samsung says the claims are overblown and a ploy to muscle out the competition. Apple has asked the court to either order a retrial or to review the compensation awarded by the jury. Video provided by TheStreet
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Worldwide Smartphone Use Projected To Jump 25% in 2014

Worldwide Smartphone Use Projected To Jump 25% in 2014

TheStreet (June 11, 2014) — New research from eMarketer projects that world monthly ownership of smartphones should reach $1.76 billion this year up by 25% from 2013. Almost one quarter of the world population will use smartphones this year and just under one third will be using a smart phone by 2017. The United States remains the second largest smartphone market in the world after China. Total current use in the U.S. is 163.9 million smartphone owners. By 2015, eMarketer projects that 15 countries will have more than half to their populations adopting smartphones. This worldwide embrace of technology will have a significant influence on media usage, eCommerce and marketing. Video provided by TheStreet
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Apple to Take Softer Approach as Patent War With Samsung Wages On

Apple to Take Softer Approach as Patent War With Samsung Wages On

TheStreet (July 10, 2014) — Apple will present arguments in a U.S. District Court in San Jose today, where it's expected to offer a "sunset period" giving Samsung time to redesign the nine features Apple says are infringing upon its patents, according to a report by Bloomberg. Apple's changing its tactic after having its request for a sales ban against Samsung rejected twice. Samsung has been found by a jury to be in violation of three of Apple's patents. They pertain to features including allowing a user to call a number directly from a Web site, automatic spelling corrections and unlocking the phone through gestures. Video provided by TheStreet
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