Samsung shares fall dramatically after court loss against Apple![]() August 27, 2012 - 10:33 AMT PanARMENIAN.Net - Shares of Samsung Electronics Co. fell sharply Monday, Aug 27 with analysts saying the company’s loss in its court battle against Apple Inc. in the U.S. increases uncertainty over the South Korean company’s future products, according to AllThingsD. The stock opened 6.8 percent lower, and at one point fell by as much as 7.7 percent to 1,177,000 won (US$1,037), the lowest intraday level in a month. Partner news Apple uses two conventional offshore tax practices typical of multinational companies' tax-avoidance strategies, the report said. Apple joined the Fair Labor Association in 2012 after being slammed with criticism over the working conditions at Foxconn. It’s not the first time Yahoo CEO Marissa Mayer has been interested in the New York-based hipster blogging service. The number of new smartphones delivered with Android jumped to 162.1 million in the first three months in 2013. Partner news |