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| Version 1 | Version 2 |
|---|---|
| Samsung shares fall after jury orders $1bn in damages | Samsung shares fall after jury orders $1bn in damages |
| (about 4 hours later) | |
| Shares of Samsung Electronics have suffered their biggest fall in a single day in almost four years, after a US jury found the technology giant copied designs from Apple. | |
| The South Korean company's shares fell 7% in Seoul trading, the most since October 2008. | The South Korean company's shares fell 7% in Seoul trading, the most since October 2008. |
| The company was ordered to pay $1.05bn (£665m) in damages to Apple, in one of the most significant rulings in a global intellectual property battle. | The company was ordered to pay $1.05bn (£665m) in damages to Apple, in one of the most significant rulings in a global intellectual property battle. |
| Samsung will appeal over the verdict. | |
| Sales worries | Sales worries |
| Analysts said investors were worried that the ruling could affect revenues. | Analysts said investors were worried that the ruling could affect revenues. |
| "An adjustment in the next few days is unavoidable as the damage amount was much bigger than market expectations, and there are further uncertainties, such as the possibility of a sales ban," said John Park, from Daishin Securities. | "An adjustment in the next few days is unavoidable as the damage amount was much bigger than market expectations, and there are further uncertainties, such as the possibility of a sales ban," said John Park, from Daishin Securities. |
| Apple has said it will seek an injunction to block sales of Samsung products in the United States, a key market, at a court hearing on 20 September. | Apple has said it will seek an injunction to block sales of Samsung products in the United States, a key market, at a court hearing on 20 September. |
| One of the biggest concerns for Samsung is whether Apple will now target the Galaxy S3, which was not included in the recent trial, as it focussed on older products. | One of the biggest concerns for Samsung is whether Apple will now target the Galaxy S3, which was not included in the recent trial, as it focussed on older products. |
| The flagship product is Samsung's best selling smartphone and if it is included in a US ban on sales that would give Apple a major advantage in the market, analysts said. | The flagship product is Samsung's best selling smartphone and if it is included in a US ban on sales that would give Apple a major advantage in the market, analysts said. |
| Jury ruling | Jury ruling |
| A nine-member jury in San Jose, California ruled on 24 August that Samsung had infringed Apple patents for mobile devices. | A nine-member jury in San Jose, California ruled on 24 August that Samsung had infringed Apple patents for mobile devices. |
| It was the the most closely-watched of many similar patent disputes being contested in courts around the world between electronics manufacturers. | It was the the most closely-watched of many similar patent disputes being contested in courts around the world between electronics manufacturers. |
| In recent weeks, a court in South Korea ruled that both Apple and Samsung had copied each other, while a British court dismissed claims by the American company that Samsung had infringed its copyrights. | In recent weeks, a court in South Korea ruled that both Apple and Samsung had copied each other, while a British court dismissed claims by the American company that Samsung had infringed its copyrights. |