At the end of last week, shares of Samsung fell sharply , which was the strongest decline of the South Korean securities in the last 9 months. The reason for this was a series of factors, among which is also disappointing forecast of analysts at JPMorgan regarding sales of its high end smartphone Galaxy S4 and related financial performance.
General Director of Samsung, Shin Yong-Kyun (Shin Jong-kyun), deny information about reducing popularity of Galaxy S4 and stated that the smartphone is still selling well. Samsung itself still hope until the end of the year to sell 100 million copies Galaxy S4.
At the same time Samsung head said the company has no plans of peaceful settlement of patent disputes with Apple. Currently, trials are conducted on four continents, covering more than 50 intellectual property. Interestingly, Samsung even managed to win a small victory in a U.S. court: U.S. regulators have recognized that Apple infringed its patents of South Korean opponent, and asked the company to refrain from further sales of some older versions of iPhone and iPad.