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  • Dec 21, 2014
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BusinessMoneyMarket Snapshot

Samsung jumps after judge sets key hearing date

PUBLISHED : Wednesday, 29 August, 2012, 2:12pm
UPDATED : Wednesday, 29 August, 2012, 2:12pm

Shares in Samsung Electronics rose more than 3 percent on Tuesday after a U.S. judge set a December 6 court date to hear Apple Inc’s request for a permanent injunction against Samsung Electronics’ smartphones.  The move by the U.S. judge would possibly delay the potential impact of Apple’s legal victory. Samsung shares extended a rebound from the previous session, after dropping 7.5 percent on Monday following Apple’s comprehensive win in a US patent lawsuit. 


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