- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Top executives from Google (NASDAQ:GOOG) and Samsung will reportedly meet in Korea this week, possibly to discuss shared rival Apple (NASDAQ:AAPL). The teams will be led respectively by Samsung’s Shin Jong-kyun and Google executive chairman Eric Schmidt. Shin told Korea Times that meetings with major U.S. carriers were also scheduled for next week.
Samsung, currently the world’s largest smartphone seller, accounts for one-third of all global shipments with its devices that run on Google’s Android mobile operating system.
Catalysts are critical to discovering winning stocks. Check out our newest CHEAT SHEET stock picks now.
The scheduled meetings follow Samsung’s big loss to Apple in a U.S. court last month, where the jury found the Korean company guilty of infringing on the iPhone maker’s patents and awarded the latter more than $1 billion in damages. The two smartphone rivals have bickered in courts around the world over the last few months, accusing each other of copying designs and technology.
Samsung could also be interested in talking about the possibility of Google giving favorable treatment to newly acquired hardware unit Motorola, which has been long been a rival for the Korean company. It may also want to know if the portfolio of wireless patents that Google acquired along with Motorola can help its legal case against Apple.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.