Trust innovation over litigation, says Samsung
BUSINESS| Aug. 27, 2012, 4:09 p.m.
As analysts ponder the fortunes of Samsung and Apple following the ruling that Samsung infringed on Apple’s patents, Samsung has issued a statement on the matter.
“We initially proposed to negotiate with Apple instead of going to court, as they had been one of our most important customers. However, Apple pressed on with a lawsuit, and we have had little choice but to counter-sue, so that we can protect our company.
Certainly, we are very disappointed by the verdict at the US District Court for the Northern District of California (NDCA), and it is regrettable that the verdict has caused concern amongst our employees, as well as our loyal customers.
However, the judge’s final ruling remains, along with a number of other procedures. We will continue to do our utmost until our arguments have been accepted.
The NDCA verdict starkly contrasts decisions made by courts in a number of other countries, such as the United Kingdom, the Netherlands, Germany, and Korea, which have previously ruled that we did not copy Apple’s designs. These courts also recognised our arguments concerning our standards patents.
History has shown there has yet to be a company that has won the hearts and minds of consumers and achieved continuous growth, when its primary means to competition has been the outright abuse of patent law, not the pursuit of innovation.
We trust that the consumers and the market will side with those who prioritise innovation over litigation, and we will prove this beyond doubt.”
MORE BUSINESS NEWS
Airtel, Oando seal strategic partnership dealAirtel will gain a retail presence at Oando stations in line with a new partnership deal signed by the two companies. Read More
We cannot ignore Nigerian market, says Lenovo chiefWith the largest market on the continent, global PC leader, Lenovo, has said Nigeria market remained strategic for its business in Africa, adding that with its line-up of superior devices and PCs, it is sure of doing well in the market. Read More
NATCOM promises better deal as it takes over NITEL/MTelNATCOM Consortium Chairman Dr. John Olatunde Ayeni has promised to turn the once ailing NITEL into a strong new brand. Read More
Surfline Communications to get $15m boostSurfline Communications is expected to receive an investment capital injection of $15m from DEG - Deutsche Investitions und Entwicklungsgesellschaft mbH. Read More
Alcatel-Lucent appoints new Country Senior Officer for GhanaAlcatel-Lucent has appointed Ramy Hashem, as Country Senior Officer and Managing Director for Ghana. Read More
MasterCard grants Unified Payments acquiring licenseMasterCard has granted an acquiring license to Unified Payment Service Limited, a leading payments service provider, in a move expected to broadly increase the acceptance of MasterCard payment cards in Nigeria. Read More
MTN Business backs emerging ICT entrepreneursMTN Business has embarked on a long-term supplier development programme that will empower young, black entrepreneurs to take their place at the forefront of South Africa’s evolution to a knowledge-based economy. Read More
CNN, MultiChoice launch 20th African Journalist AwardsCNN International and MultiChoice this week officially launched the CNN MultiChoice African Journalist 2015 Awards. Read More
Cokodeal.com aims to revive ‘made in Nigeria’Cokodeal.com, describing itself as Africa’s largest medium for business exposure, is aiming to boost Nigerian manufacturers through greater online exposure. Read More
FEATURED STORYe-commerce space untapped, says phonekings head
E-commerce is the future, says the head of a new online electronics mall launched in Nigeria. Tayo Olusanya spoke to Kokumo Goodie in Lagos.
BEST READ NEWS
IN DEPTHVillagers get solar training at Barefoot College
The Botswana Human Resource Development Council (HRDC) has seconded seven semi-illiterate mostly Ngwatle villagers for a six month solar electrification training course at the famed Barefoot College in India.
COMPANY NEWSSage ERP Africa partners with Datalinx to offer embedded warehouse management solution
Sage ERP Africa has signed a distribution agreement with Datalinx, offering customers in Africa and the Middle East access to a range of integrated warehousing solutions.