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TAGGED AS SAMSUNG

Samsung’s smartwatch sales hit 800,000: Reuters

telecom | 11/19/2013 7:42 pm EST

Samsung Electronics Co. has sold 800,000 of its Galaxy Gear smartwatches in the two months since its release, Reuters reported Tuesday. Reuters said the sales numbers defied “some market concerns the accessory would fail due to a lack of compelling features.” Samsung said sales beat the company’s expectations, and mean that the Galaxy Gear has become the world’s most popular smartwatch, Reuters reported....

Samsung can continue U.S. sales, drops European lawsuits

telecom | 12/18/2012 8:57 pm EST

Samsung Electronics Co. Ltd. said it will withdraw lawsuits seeking to ban sales of Apple Inc.’s products in Europe a day after a U.S. judge denied Apple’s request for a permanent injunction against U.S. sales of 26 Samsung products, Reuters reported. In a decision released Monday, U.S. District Judge Lucy Koh said Apple failed to prove that its own sales would be harmed by continued U.S. sales of the Samsung products, which were found earlier this year to have infringed a series of Apple’s patents. Reuters reported that Koh said Samsung features found to have infringed Apple’s patents did not drive consumers to the Samsung products, and that the “few narrow protected functions” did not justify a permanent injunction against their sales. In a separate...