Monday, September 3, 2012

Samsung lose $ 12 billion after the judicial victory for Apple



Shares Samsung Electronics about seven percent today to erase $ 12 billion of market value of the giant   
South Korean where raised victory sweeping Apple in a lawsuit U.S. Patent concerns about the company's activities in the field of smart phones, the biggest source of liquidity has. The court ordered Samsung, which says it would appeal the ruling to pay $ 1.05 billion in compensation after it concluded a jury in California that it reproduced two significant advantages. IPhone Wi. Bad Alraúgen may face also ban the sale of key products. The fund manager at Korea Asset Management was one of the largest institutions possessing the shares Samsung until the end of March there are still many variables such as the final judgment, which will not be issued until after at least a month of the latter provision, and whether key products such as Galaxy S3 will be exposed to prohibit the sale. And descended Samsung shares - the largest technology company in the world in terms of revenue - up to 7.7 percent in the biggest drop in percentage terms in nearly four years to reach 1.177 million Korean Won thousand dollars, compared with a 0.2 percent decline in the overall market. The stock witnessed intensive transactions amounted to more than double the daily average for the past week.

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