Loss of Apple chip contract sees Samsung value decline

19.05.2012

Micron Technology Corp, reported to be talks to acquire Elpida's business, saw its stock rise on the report that Elpida had secured Apple's contract.

To make matters worse for Samsung, Apple has won an appeal in its patent battle with Samsung, taking it closer to an injunction on Samsung's Galaxy Tab 10.1. The court had initially rules against Apple's claims, but the appeals court disagreed with the earlier ruling that the patent in question should not have been granted to Apple, reports .

Apple and Samsung are currently locked in a dispute over patent infringement in dozens of countries around the world, with Apple claiming that Samsung's Galaxy Tab 10.1 infringes on several patents it owns.

On 1 May, Apple filed a motion alleging that Samsung it was obligated to hand over as part of the discovery process, an act referred to as "spoilation of evidence" in the legal parlance.

in the ongoing patent lawsuit between the two , according to court documents.