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Samsung tries to chip away at iPhone patent award

Bloomberg Samsung Electronics Co. is trying again to chip away at Apple Inc.’s long-ago $1 billion victory in their legal fight over smartphone technology — by disassembling the iPhone. The companies on Monday were expected to replay a battle that started in 2011. The retrial before before US District Judge Lucy Koh in San Jose, California, isn’t about whether the ...

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Hon Hai’s profit misses target after Apple grew iPhone sales

Bloomberg Hon Hai Precision Industry Co.’s quarterly profit missed estimates after top customer Apple Inc. sold barely enough of its iPhone X to meet Wall Street’s tempered expectations. The sole manufacturer of Apple’s flagship device reported net income of NT$24.1 billion ($810 million) in the three months ended March, compared with the average estimate of NT$27.9 billion. It had previously ...

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India palm oil imports fall as higher duties curb demand

Bloomberg India’s palm oil imports probably dropped in April as higher taxes on shipments curbed demand in the world’s biggest buyer. Purchases fell about 1.7 percent to 740,000 metric tons from a year earlier, according to the median of four estimates in a Bloomberg survey of processors, brokers and analysts. Total vegetable oil imports decreased 9.7 percent to 1.21 million ...

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