While AuthenTec's board of directors is expected to approve Apple’s acquisition of the fingerprint sensor company for $356 million, a new report claims that Apple also plans to draw on expertise of other company to assist with creating its mobile payment service. The Australian reports that Apple has reached a deal with Australian firm Microlatch to work together on integration of similar fingerprint recognition technology with mobile payments via NFC (near filed communications).
As Reuters reports, a new Samsung’s court filing has revealed that the company is going to add Apple’s iPhone 5 to a suit that is now underway in the U.S. seeking to ban sales of Apple’s devices in the country over violation of its patent rights. Reuters said:
The outcome of the high-stakes Apple v. Samsung patent trial forced Apple to do their best to find new component suppliers. Bloomberg reports now that Apple and Qualcomm in an attempt to diversify their mobile processor supply chain each put forth investment bids topping $1 billion to secure exclusive access to chip supplies from Taiwan Semiconductor Manufacturing Company (TSMC). TSMC denied separate investment bids from Apple and Qualcomm.
In the first day of trading since a favorable ruling in the company's high-stakes patent dispute against Samsung on Friday, shares of Apple stock reached all-time closing highs on Monday. Apple’s shares broke the former record of $668.87 to reach $675.68, up $12.86.
Following Apple’s 1 billion win against Samsung in court trial last week, Apple has specified which Samsung devices it will try to ban. The Verge published Apple’s list which includes ban requests for Galaxy S 2 for AT&T, Galaxy S 4G, Samsung Skyrocket, Galaxy S Showcase, Galaxy S2 Epic 4G, Galaxy Prevail, the S2 on T-Mobile and Droid Charge. Read the rest of this entry »
Jurors deciding the patent Apple v. Samsung suit have reached a verdict, finding Samsung to have infringed on certain Apple patents, according to in-court reports from The Verge. The damages owed total nearly $1.05 billion for Samsung and zero for Apple.
According to Bloomberg’s report, today Samsung CEO Kwon Oh Hyun and Apple CEO Tim Cook will have a phone conversation ahead of jury deliberations scheduled to begin this week. Bloomberg reports that lawyers of two companies will report to Judge Lucy Koh on the outcome of today’s phone discussion. The report notes:
According to a report from AllThingsD, the Judge Lucy Koh, presiding over the ongoing Apple vs. Samsung patent trial, has asked both sides to try to settle before the jury deliberations begin. The report noted that both companies agreed to a phone meeting outside the court.
A senior designer at Samsung, Jeeyuen Wang, took the stand on Tuesday in an effort to counter Apple's allegations that multiple Samsung devices copied the layout and imagery of iOS. The designer claims hundreds of people around the world worked tirelessly on Samsung's iconography, adding that she herself was only able to sleep two or three hours a night. Wang admitted that she did look at products from other companies, including Apple, but denied stealing the icons outright, saying instead that it was part of the design process.
A mini Dock Connector expected to be introduced alongside Apple's so-called iPhone 5 next month will spot 9 official points of contact and takes design cues from the company's patented MagSafe adapters. According to people familiar with the matter, new mini Dock Connector will deliver enhancements in I/O connectivity in addition to comprising roughly 60% less real estate and orientation independence when plugged into any one of Apple's future iOS devices.
The Verge reports that today in the Samsung vs. Apple court trial Apple called a financial expert Terry Musica to the stand. While on the stand Terry Musica provided the jury a breakdown showing how much profits Apple lost due to Samsung’s patent violation. According to his estimates, Apple lost 2 million iPad and iPhone sales, costing $488.8 million in total. The calculations are based on the products that Samsung is accused of copying, royalty fees that Samsung should have paid for accused products, and profits that Apple have lost.
According to The Verge's report, today in Apple vs. Samsung trial Apple’s director of Patent Licensing & Strategy Boris Teksler testified that Apple has licensed some of its design and technical patents to Microsoft, but the cross-licensing agreement includes “anti-cloning” provisions. Teksler stated:
A new portion of the documents presented to the court by Apple as a part of the legal battle between Apple and Samsung show Samsung's proprietary home-screen icon designs are nearly identical to that of the iPhone's. As far as you know, Apple registered the most part of their icons as trademarks in 2010 that means that Apple accuses Samsung of another infringement of the iPhone-maker’s patents.