New York, July 7 (FinanceEnquiry.com) – In a temporary relief to Samsung, a US appeals court on Friday set aside an earlier court order that had put on hold sale of Samsung’s Galaxy Nexus smartphones. The court, however, ruled that a freeze on sale of its Galaxy 10.1 tablet computer will continue. The decision that is the outcome of one of the many battles the two conglomerate are engaged both in court and in the marketplace, is believed will have little effect on the world’s largest handset maker’s bottom line, which reported a whopping $5.9 billion quarterly profit, thanks to its burgeoning smartphone sale.
Samsung, the South Korean multinational conglomerate and Apple (NASDAQ : AAPL), the American consumer giant are enmeshed in a bitter and acrimonious fight over patents infringement since 2010. Samsung smartphones run on Google’s Android (NASDAQ: GOOG) operating system, the world’s most-used mobile operating platform. Analysts feel that the Apple is taking the patent violation battle to a new high in a desperate attempt to root out out competition, specially that coming from Google’s Android. Also, Apple considers Galaxy touchscreen tablets to be the main rival of its iPad. Market data though reveals that Apple is way ahead of Samsung in global tablet sales.
Last year, Apple had sued Samsung for patent infringement, accusing the South Korean electronics maker of ‘slavishly’ copying the iPhone and iPad. Samsung denied the claims and counter sued. Apple and Samsung have been entangled in about 30 patent litigation in around 10 different countries so far.
The US Court of Appeals for the Federal Circuit said Friday that it will lift the ban on sales of the Galaxy Nexus while upholding ban on Galaxy 10.1 tablet computer until July 12 – the deadline by which Apple has to respond to Samsung’s appeal.
While Apple has sued and been sued by other smart phone makers, its fight with Samsung is the most notable. Apple and Samsung are fierce rivals as the leading makers of high-end smart phones. Analysts opine that the outcome of their legal battle could give the winner crucial advantages in the marketplace. Samsung is the world’s largest technology company by revenue, while Apple has the highest profit. According to IDC, a Framingham, Massachusetts-based market researcher, more than half of the smartphones sold worldwide come from these two tech giants.
The relationship between the two companies is complex: While Samsung’s smartphones and tablets run on Android and compete with Apple’s products, Samsung also is an important producer of memory chips and displays used in the devices – and Apple is Samsung’s biggest external customer for such components.
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