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Samsung shares fall after Apple patent victory in court

Nervous investors have wiped $12 billion off the market value of Samsung Electronics, selling the shares in Seoul, amid fears its loss in a US court to Apple, in a dispute over patents, could hurt its smartphone business.

Apple and Samsung have been engaged in a global legal battle, with both claiming the other has infringed patents, when making mobile devices.

Andrew Milroy, from Frost and Sullivan, told the BBC's Asia Business Report investors are worried that Apple's legal victory could undermine the Android technology used in mobile devices by Samsung and other smartphone makers

  • 27 Aug 2012