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Samsung who overnight said that they will not bid for Hewlett Packard’s PC business, is now facing a “double whammy” with both their 10.1 Galaxy Tab and their highly popular Samsung Galaxy S II facing bans in Europe.
Samsung who overnight said that they will not bid for Hewlett Packard’s PC business, is now facing a “double whammy” with both their 10.1 Galaxy Tab and their highly popular Samsung Galaxy S II facing bans in Europe.
Analysts claim that the bans, could have a major impact on Samsung revenue as demand for flat panel TV slump.
Overnight Samsung lost a Dutch court ruling over sales of its Galaxy S, S II and Ace smartphones in the country in a patent dispute with Apple.
A court in The Hague, Netherlands, said Samsung will have to halt some sales of the products after Oct. 13. The ruling is preliminary and “has no bearing on proceeding on the merits of the case,” the court said.
While the Dutch court didn’t extend the ruling to sales of Samsung’s tablets, a German regional court in Dusseldorf on Aug. 9 granted Apple a sales ban against Samsung’s Galaxy 10.1 tablet in 26 of the 27 European Union member countries, only to then scale back its effects a week later over jurisdictional doubts.
Shortly after HP executives started touting a potential $10 Billion dollar price tag on their PC business Samsung came out and poured cold water on speculation that it might be looking at acquiring Hewlett-Packard business.
“The recent rumours that Samsung Electronics will be taking over Hewlett-Packard Co.’s personal computer business are not true,” Samsung Electronics said on its official global blog. “We hope this clarifies any confusion that may have occurred.”
Observers claim that Samsung was one of the few Companies that is actually in a position to bid for the HP business which some analysts have said is only worth $8 Billion. Other analysts claim that HP will struggle to find a buyer for their PC business.
Last week Dell Chairman and CEO Michael Dell took a stab at HP when he wrote onTwitter “Goodbye HP. Sorry you don’t want to be in PCs anymore. But we do more than ever”.
