A cyberattack caused computer networks at major South Korean banks and top TV broadcasters to crash simultaneously Wednesday, paralyzing bank machines across the country and prompting speculation of North Korean involvement.
Samsung Electronics Co. reported Friday forecast-beating results for the fourth quarter of 2012 as profit from its mobile business more than doubled from a year earlier.
South Korea’s Samsung won a home court ruling in its global smartphone battle against Apple on Friday when Seoul judges said the company didn’t copy the look and feel of the U.S. company’s iPhone, and that Apple infringed on Samsung’s wireless technology.
South Korean police said they arrested two men who allegedly stole the personal details of about 8 million mobile phone subscribers and sold it to marketing companies in one of the country’s biggest hacking schemes.
Samsung Electronics Co., the world’s largest maker of memory chips, mobile phones, flat-screen panels and televisions, said Friday that its preliminary second-quarter operating profit jumped nearly 80 percent from a year ago to a record high. Analysts attributed the sharp rise to its mobile business.
Samsung Electronics Co. said Thursday that it will fight Apple’s move to stop U.S. sales of its new Galaxy phone in the latest flare-up of an intellectual property battle between the world’s top smartphone makers.
Illegal copying of computer programs in Asia cost businesses $21 billion in lost sales last year and China was on course to set a dubious new record—overtaking the US in losses caused by software piracy.
