
Samsung shares dropped more than 7% during trading here Monday, losing $12 Billion off the South Korean electronics majors market value, after a US federal jury verdict said the company had coped designs from Apple. The global intellectual property battle has raised worries in the market about its smartphone business, according to analysts. The jury found Samsung had copied key features of the hugely popular iPhone and iPad and awarded Apple $1.05 Billion in damages in the most closely watched patent trial in years, media reports said. Samsung will appeal the verdict.
GMT 09:47 2018 Tuesday ,23 January
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Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap

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