|Day's Range||1,005.0000 - 1,013.2000|
|52 Week Range||1,005.0000 - 85,600.0000|
|PE Ratio (TTM)||13.10|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The U.S. Supreme Court on Monday tightened rules for where patent lawsuits can be filed in a decision that may make it harder for so-called patent "trolls" to launch sometimes dodgy patent cases in friendly courts, a major irritant for high-tech giants like Apple and Alphabet Inc's Google. In a decision that upends 27 years of law governing patent infringement cases, the justices sided with beverage flavoring company TC Heartland LLC in its legal battle with food and beverage company Kraft Heinz Co. The justices ruled 8-0 that patent suits can be filed only in courts located in the jurisdiction where the targeted company is incorporated. The decision overturned a 2016 ruling by the U.S. Court of Appeals for the Federal Circuit, a Washington-based patent court, that said patent suits are fair game anywhere a defendant company's products are sold.
A further shift of Qualcomm chip volumes away from TSMC and towards Samsung.
"We are going to be bullish on finding companies that fit our strategy," Peter Koo, a senior vice president for Samsung's mobile division, said during an investor event in Hong Kong. The world's top maker of memory chips, smartphones and televisions has grown more aggressive in acquiring companies in recent years, breaking from its past preference to rely on its own talent and use its cash for capital expenditures amid intensifying competition from the likes of Apple Inc and Huawei Technologies Co Ltd [HWT.UL].