Samsung is ready to strike back, and this time they have their eye on iPhone 5 by Apple Inc. (NASDAQ:AAPL), which has yet to arrive in stores.
It’s rumored that the sixth generation Apple Inc. (NASDAQ:AAPL) smartphone will feature 4G LTE. Samsung claims that the world’s most valuable company is infringing on their patent involving the 4G LTE technology. Industry sources report that Samsung will target Apple in both Europe and the United States.
Here’s a round up of hedge funds’ May returns
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It’s expected that Apple will introduce the iPhone 5 tomorrow sometime during a press event ,and will launch the actual product in stores on September 21. Although Apple has yet to confirm it, the new device is likely to feature 4G LTE connectivity.
Given Samsung’s history in battling courtroom litigation with Apple Inc. (NASDAQ:AAPL), it doesn’t really look like Samsung will have a leg to stand on. If they even get the chance to take them to court, it will be surprising. Just last month, Apple won $a 1.09 billion settlement after a long lawsuit against Samsung. Apple had claimed that Samsung was copying designs on certain devices. Samsung appealed that decision and just over the last weekend Apple made some amendments to their complaint. The amendments were over two of Samsung’s most popular devices; the Galaxy Note and Galaxy S III. We will have to wait and see what happens next.
It should be interesting to see what happens if and when Samsung actually follows up on this. As I mentioned before, it’s interesting to see how Apple Inc. (NASDAQ:AAPL) was a little late with launching a smartphone with 4G LTE, especially considering their current generation of iPads already feature this technology. Whether they stole the patent from Samsung or not is unclear. I do believe that Samsung was in the wrong by copying some of Apple’s patents, but I wouldn’t doubt that Apple could do the same.