Tag Archives: Samsung

Breaking News !!!!!!! Samsung C&T’s wins KWD 38.3 mln civil work contract from Kuwait.

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Kuwait’s Central Tenders Committee (CTC) has approved South Korea’s Samsung Construction & Trading (C&T) for a major civil works contract, ahead of Kuwait’s long-awaited Clean Fuels Project (CFP) tender.

Samsung’s price of KWD 38.3 million ($136.4 million) was approved by the CTC, which monitors major public tenders on December 3, less than two months after bids were submitted. A contract with state refiner Kuwait National Petroleum Company (KNPC) is now little more than a formality.
A total of seven engineering and construction firms submitted bids on 9 October.

The project is the first contract to be awarded as part of the preparation works for the CFP, which will upgrade and expand the Mina al-Ahmadi and Mina Abdullah refineries, along with the retirement of the aging Shuaiba refinery.

The estimated $18 billion megaproject, which will be tendered in three packages, will increase the processing capacity of the Mina al-Ahmadi and Mina Abdulla refineries to 800,000 barrels a day (b/d) from 736,000 b/d by 2017, following the retirement of processing facilities at the Shuaiba refinery.

For further details about Samsung S &  T, please contact us at : bizunit@worldcentre.me

Via : Mubasher

Apple eat a bite of Samsung through 1.05 Billion US Dollars !!!!!!!!!!!!!

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A jury concluded that Samsung stole the innovative technology used by Apple to create its revolutionary iPhone and i Pad, a decision that comes after a year of scorched-earth litigation.

Jurors on Friday ordered Samsung to pay Apple $1.05 billion in the latest skirmish of a global legal battle between the two tech giants. An appeal is expected.

Apple Inc. filed its patent infringement lawsuit in April 2011 and engaged legions of the country’s highest-paid patent lawyers to demand $2.5 billion from its top smartphone competitor. Samsung Electronics Co. fired back with its own lawsuit seeking $399 million.

The verdict, however, belonged exclusively to Apple, as the jury rejected all Samsung’s claims against Apple. Jurors also decided against some of Apple’s claims involving the two dozen Samsung devices at issue, declining to award the full $2.5 billion Apple demanded.

However, the jury found that several Samsung products illegally used such Apple creations as the ‘bounce-back’ feature when a user scrolls to an end image, and the ability to zoom text with a tap of a finger.

Apple lawyer plans to formally demand Samsung pull its most popular cellphones and computer tablets from the US market. They also can ask the judge to triple the damages to $3 billion. US District Judge Lucy Koh will decide those issues along with Samsung’s demand she overturn the jury’s verdict in several weeks.

The outcome of the case is likely to have ripple effects in the smartphone market. After seeing Samsung’s legal defeat, other device makers relying on Android may become more reluctant to use the software and risk getting dragged into court.

 

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Samsung’s Galaxy SIII sale will hit 10 million units this July.

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tech23 Samsung Galaxy S III sales to hit 10m in July

South Korea’s Samsung Electronics, the world’s largest smartphone maker, said Monday it expects to have sold 10 million of its newest Galaxy S3 model by the end of July, two months after its launch.

J.K. Shin, head of the mobile communications division, said robust sales of the model would help Samsung’s mobile business post a second-quarter profit bigger than the first three months.“We’re getting more positive reviews for Galaxy S3 than the previous Galaxy S1 and S2 since the release in Europe, the Middle East and Southeast Asia beginning May 29,” Shin said at an event to mark the phone’s domestic release on Monday.

He estimated that global sales of the new phone  currently available in 147 countries  would surpass 10 million next month, including about a million to be sold at home.“We’re doing fairly well in emerging-economy markets… I think our second-quarter earnings will be better than the first quarter’s, despite the difficult economic situation in Europe,” Shin said.

The company, the world’s biggest technology firm by revenue, posted a record net profit for all its divisions of 5.05 trillion won ($4.44 billion) in the first quarter, thanks largely to strong smartphone sales.The third version of the Galaxy S series offers face-recognition technology and improved voice-activated controls as well as a more powerful processor that lets users watch video and write emails simultaneously.

It also has a 4.8-inch screen that is 22 per cent larger than the S2, while it can detect eye movements and override the automatic shutdown if the user is looking at the screen.Samsung shipped 44.5 million smartphones in the first quarter, exceeding the 35.1 million of US arch-rival Apple, according to market researcher Strategy Analytics in April.

Samsung, embroiled in patent lawsuits in 10 nations with Apple, is pinning its hopes on the S3 to further erode its rivals’ market share before the expected new version of Apple’s iPhone 5 this year.In a rare victory for the Korean firm, a Dutch court last week ruled in favour of Samsung and ordered the US giant to pay unspecified damages for patent infringement.

Samsung will start the sale of Galaxy SIII mobile phone in 28 Countries this week.

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Samsung's Galaxy SIII Smart Phone

Samsung's Galaxy S III Smart Phone

SEOUL: South Korea’s Samsung Electronics said it would start selling its newest smartphone in 28 countries from Tuesday as it seeks to cement its position as the world’s top-selling mobile phone maker.

The Galaxy S3, unveiled in London earlier this month, will hit shelves Tuesday in nations including Britain, France and the United Arab Emirates, the firm said in a statement.

The phone will be available in 145 nations by July via 296 wireless carriers, it added.

The third version of the Galaxy S series offers face-recognition technology and improved voice-activated controls as well as a more powerful processor that lets users watch video and write emails simultaneously.

It also has a 4.8-inch screen that is 22 per cent larger than the S2, while it can detect eye movements and override the automatic shutdown if the user is looking at the screen.

Samsung, the world’s biggest technology firm, shipped 44.5 million smartphones in the first quarter, exceeding the 35.1 million of US rival Apple, according to market researcher Strategy Analytics last month.It said the Korean firm also overtook Nokia as the biggest maker of all types of mobile phone in the same period.

Samsung is now pinning its hopes on the S3 to further erode its rivals’ market share before the expected new version of Apple’s iPhone 5 this year.

Apple triggered new legal attack on Samsung phones

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Apple Inc.

NEW YORK: Apple Inc raised the stake in an intensifying global patent battle with Samsung Electronics by targeting the latest model using Google’s fast growing Android software, a move which may affect other Android phone makers.

Apple has asked a federal court in California to block Samsung from selling its new Galaxy Nexus smartphones, which use Google’s newest version of Android, called Ice Cream Sandwich, alleging four patent violations including new features such as a voice-command search function.

Galaxy Nexus, the official debut of which was delayed by Samsung in October to pay respect to Apple’s co-founder Steve Jobs, is the first phone running on the newest Android version before the platform is widely adopted by hardware manufacturers such as HTC Corp and Motorola Mobility. HTC and Motorola are also in separate patent disputes with Apple.

In a lawsuit filed last week in San Jose, Apple said the Galaxy Nexus infringes on patents underlying features customers expect from Apple products. Those include the ability to unlock phones by sliding an image and to search for information by voice.

“Google cannot deny its undivided responsibility for any infringement findings. A preliminary injunction would not prohibit the sale of a Galaxy nexus just because it’s called Galaxy Nexus or looks like one: it’s all about which patents it infringes on,” said independent patent expert Florian Meuller.

“I am absolutely certain that…for the preliminary injunction motion the Galaxy Nexus was singled out because it’s so new, and important.”

Samsung said in a statement on Monday that it is aware of the filing by Apple in the California court.

“We continue to assert our intellectual property rights and defend against Apple’s claims to ensure our continued innovation and growth in the mobile communications business,” Samsung said in a statement.

With the new lawsuit, Apple is opening up another legal assault on the South Korea-based company after taking Samsung to the same court in April of last year. In the earlier case, Apple alleged that Samsung illegally copied iPhone and iPad design features and the look of its screen icons. That case is still going on, although in December Apple lost a bid for a preliminary bar against Samsung for selling Galaxy phones and tablets.

Apple acknowledged the setback in the new action and said now it is suing over new products and different patents.

In addition to the California cases, Apple and Samsung are waging more than 20 legal fights in at least 10 countries in their war for global leadership of smartphone and tablet markets.

Source: The News