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One of the arguments it has made is that jury foreman Velvin Hogan did not divulge that he had previously been sued by his former employer and Samsung partner, Seagate Technology (NASDAQ:STX).
CHEAT SHEET Analysis: Catalysts for a Stock’s Movement
One of the core components of our CHEAT SHEET investing framework focuses on the possible forces affecting the stock’s movement. Koh’s rulings will be closely watched because of the clout held by Samsung and Apple, the world’s two largest smartphone sellers. In the third quarter, Samsung sold 55 million smartphones globally to Apple’s 23.6 million, making up 32.5 percent and 14 percent of the market, respectively. The two are involved in legal battles in several other countries. Apple also filed a second lawsuit earlier this year that named some of Samsung’s newer Google (NASDAQ:GOOG) Android products, and the Korean company returned the favor in a countersuit. That case is set to go to trial in 2014.
This particular case is also expected to head to the U.S. Court of Appeals for the Federal Circuit eventually.
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