Samsung Electronics Co. is already the world’s biggest seller of smartphones to consumers. But to win more corporate and government clients, the South Korean technology giant has to master a new set of skills — and has to do it quickly.
A federal appeals court on Monday gave Apple Inc. a fresh chance to argue Samsung Electronics Co. should be barred from selling phones and tablets a jury said infringed on patents held by the computer giant.
To thrive in a mobile-device market increasingly dominated by software specialists like Apple, Google and Microsoft, which acquired Nokia’s phone business last month, Samsung is aiming to become a software power in its own right.
Samsung Electronics Co. issued guidance for record operating profit in the third quarter, but the company could face pressure from shareholders to unleash its cash pile as saturation in the smartphone market threatens a slowdown in earnings growth for the South Korean company.
South Korea’s Samsung Group, through its affiliates, clinched a deal Friday to buy German lighting specialist Novaled AG for 260 million euros ($347 million), in a move highlighting the conglomerate’s ambition to expand in next-generation technologies.