Patent Law

Samsung Shares Down 7 Percent After Losing Court Case

A California jury decided against the South Korean company and in favor of Apple in a patent trial Friday

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Shares in Samsung Electronics fell more than seven per cent on the Seoul Stock Exchange on Monday, on the first day of trading since Friday's legal defeat in the US to its rival Apple.

By the end of the day nearly 10 billion euros had been wiped off the value of the South Korean company's shares.