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Showing posts with label समाचार. Show all posts
Showing posts with label समाचार. Show all posts

Wednesday, June 27, 2012

Samsung, HTC Spar with Apple Over Sales Injunction Cases

Samsung’s Galaxy S III launch in the U.S. won’t be marred by Apple’s request for a sales injunction of the iPhone competitor, the company said. HTC, which was also hit by an import block request by Apple this week, said its phones are approved for U.S. import, too.
Samsung, HTC Spar with Apple Over Sales Injunction CasesThe Samsung Galaxy S III is headed to five U.S. carriers this month, with T-Mobile and Sprint beginning sales June 21. But this week Apple asked a court in California for a preliminary injunction against Samsung’s latest Android flagship, claiming it infringes on at least two of its patents. This comes after Apple obtained an S III sold in the U.K., where it launched in late May.
Apple also wanted to block imports of HTC phone this week, as it filed an enforcement action at the U.S. International Trade Commission (ITC). The company was seeking to block imports of HTC’s newest range of Android smartphones because of patent infringements. Apple was successful last month at temporarily blocking HTC imports.

Going Ahead as Planned

Samsung and HTC are having none of it though. The two companies have put out statements saying Apple’s requests are not valid and that their devices are not infringing on patents. “Samsung believes Apple's request is without merit. We will vigorously oppose the request," Samsung said in a statement. "We would also like to assure consumers that the U.S. launch and sales of the Galaxy S III will proceed as planned."
ITC issued a limited exclusion order against HTC last December after finding that the company violated some of Apple's patents. Then the customs office halted imports of the HTC One X and Evo 4G LTE last month. HTC now says that it is in the clear: “The U.S. Customs Office has reviewed and approved HTC devices for import into the U.S., as they are in compliance with the ITC's ruling.” Apple however, apparently disputed these claims, saying HTC has not negotiated a license or removed the infringing functionality from the devices, hence its latest suit.

Tuesday, June 19, 2012

Manmohan pledges $10 billion to debt-ridden eurozone

India took the G-20 to task when Prime Minister Manmohan Singh told the Plenary on Tuesday that the agenda of the group “is getting over burdened. We need to refocus on a few goals rather than dissipating energies on too many fronts.” He announced that India would contribute $10 billion to the International Monetary Fund’s additional firewall of $ 430 billion meant for the eurozone. “The IMF has a critical supportive role to play in stabilising the eurozone. All members must help the Fund to play this role,” he said. He emphasised the need to provide liquidity to European banks without neglecting issues of solvency. “A crisis in the European banking system can choke trade finance quite quickly, and end up choking economic growth not just in the eurozone but in the world in general,” he said. The G-20, he told the gathered leaders whose countries account for 80 per cent of global GDP, had to send “a strong signal to the markets that the eurozone countries will make every effort to protect the banking systems and the global community will back a credible eurozone effort and response.” But Europe would have to do its bit too, he said. The Prime Minister, perhaps relishing the reversal of roles in the sermonising by Europe to developing countries, rubbed in the message saying “… liquidity must be provided in parallel with effective adjustment programmes that ensure an early return to debt sustainability.” But “effective adjustment” also means austerity, which means lower growth. So the Prime Minister said austerity alone would not solve the European sovereign debt problem. Austerity and growth “Financial markets normally favour austerity, but even they are beginning to recognise that austerity with no growth will not produce a return to a sustainable debt position,” he said. In a pointed message to Germany, he said: “Austerity in the debt-ridden members of the eurozone can work only if surplus members are willing to expand to offset contraction elsewhere in the currency area.” He then told the Plenary that while it was necessary to solve rich country problems “the less developed and developing countries are also facing serious problems because of the negative impact of the global crisis. Infrastructure investment in developing countries assumes special importance in this context.” For this, he said they need long term capital and that the Multilateral Development Banks could play a major role in this context. “We now need to take steps to substantially expand the resource base of Multilateral Development Banks so that they have the firepower to help developing countries pursue their development goals.” Steps to revive investor sentiment The Prime Minister said: “Like other emerging economies, India too has slowed down. Internal constraints have also affected performance and we are working to correct them… The fundamentals of the Indian economy remain strong…We are taking steps to revive investor sentiment…Like other countries, we too allowed the fiscal deficit to expand after 2008 to impart a stimulus. We are now focussing on reversing the expansion. This will require tough decisions, including on controlling subsidies, which we are determined to take.”