samsung electronics-pref (SSNNF) Key Developments
Samsung Pay to Launch in U.S
Sep 25 15
Samsung announced that Samsung Pay is scheduled to launch in the U.S. to compete with the likes of Apple Pay and Google's Wallet and Android Pay. The payment technology is being touted as the next big development in retailing as Americans gradually abandon cash and credit cards to make payments with their mobile devices.
Samsung and Oculus Introduce the First Consumer Version of Gear VR
Sep 24 15
Samsung Electronics Co. Ltd. and Oculus announce that its first Gear VR device aimed to consumers, extending its leadership in the wearables category. The latest edition of the Gear VR is compatible with even more smartphones, including the Galaxy Note 5, Galaxy S6 edge+, S6 and S6 edge, leveraging each device’s super AMOLED display to provide the color, clarity and performance needed for an amazing virtual reality experience. The Samsung Gear VR is 22% lighter than previous Gear VR Innovator Edition, and includes new foam cushioning to make the device more comfortable to wear. In addition, the Gear VR’s touchpad has been improved, providing greater control while enjoying the robust selection of film, gaming, 360 degree video and experiential content available for Gear VR. The Samsung Gear VR will be available in Frost White for USD 99 starting this fall.
Samsung Announces New Virtual Reality Headset
Sep 24 15
Samsung announced a new virtual reality headset will be 22% lighter and, at $99, half the price of its previous model.
ContentGuard Holdings, Inc. Updates on Lawsuit Against Samsung Electronics and Google Inc
Sep 24 15
Jury in the United States District Court for the Eastern District of Texas on September 23, 2015 found that certain claims of five digital rights management patents asserted by ContentGuard Holdings Inc. against Samsung Electronics and Google Inc. are valid, but that Samsung products and Google products accused in the lawsuit do not infringe the asserted patents. ContentGuard is assessing the jury’s findings and evaluating its options to challenge the verdict. ContentGuards claims against Samsung and Google are part of a larger lawsuit filed by ContentGuard against several companies that have not paid for a license to use ContentGuards patented digital rights management solutions, including Apple, DirecTV, HTC, Huawei and Motorola Mobility. The jury verdict does not impact ContentGuards August 2015 settlement and license agreement with Amazon.com; nor does ContentGuard believe the jury verdict will impact or delay ContentGuards upcoming November 2015 trial against Apple.
Samsung Electronics Co. Gets Premier Contract for General Radiography, Computed Tomography, & Ultrasound
Sep 22 15
Samsung Electronics Co. announced that it has been awarded a group purchasing agreement for General Radiography, Computed Tomography, & Ultrasound with Premier, effective October 1, 2015. The new agreement allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier for Digital Radiography, CT, & Ultrasound products.