samsung

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By Joyce Lee and Sohee Kim SEOUL (Reuters) – Samsung Group's founding family on Friday scored a narrow win in a landmark proxy battle, fending off an activist investor opposed to an $8 billion deal that cements its grip as a new generation prepares to take the reins of South Korea's biggest conglomerate. At an often-heated shareholder meeting, investors in builder Samsung C&T Corp approved an all-share takeover offer from sister firm Cheil Industries Inc, Samsung's de facto holding company – but only just. U.S. hedge fund Elliott Associates, with a 7.1 percent Samsung C&T stake, had led the charge against the deal, saying it undervalued the target.

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A U.S. appeals court on Monday reversed part of the $930 million verdict that Apple Inc won in 2012 against Samsung Electronics Co Ltd , saying the iPhone maker's trade dress could not be protected. The U.S. Court of Appeals for the Federal Circuit upheld the patent infringement violations found by the jury. Trade dress is a legal term for a trademark on the way a product is packaged or presented.

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(Reuters) – Apple Inc sold the most number of smartphones globally in the fourth quarter, overtaking Samsung Electronics Co Ltd for the first time since 2011, according to research firm Gartner. Apple sold 74,832 smartphones to end users worldwide, ahead of the 73,032 phones sold by Samsung, according to Gartner's report. The success of big-screen iPhone 6 and 6 Plus drove Apple's sales in its first quarter ended Dec. 27.

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SEOUL (Reuters) – Samsung Electronics Co Ltd said on Thursday that all its new smart television products launched in 2015 will be powered by the Tizen operating system, marking a fresh effort by the company to increase the usage of the software platform. Smart TVs offer additional software and connectivity functions, such as video streaming and web browsing capabilities. Samsung demonstrated TV sets powered by Tizen at developer conferences last year. “We are focusing our efforts on Tizen right now,” Kim Hyun-suk, Samsung's president of visual display business, told Reuters in an interview. …