Samsung up after beating Apple in court

by mymazaa.com

Shares in Samsung Electronics Co rose nearly 2 percent early on Monday after a U.S. court rejected a bid by Apple Inc to ban sales of Samsung's Galaxy line of products in the United States.

The ruling deprived the iPhone and iPad maker of crucial leverage in a global patent battle between the two companies.

Shares in Samsung climbed 1.5 percent minutes after the market open, versus the wider market's around 0.6 percent rise.