The love-hate relationship between Samsung and Apple (NASDAQ:AAPL) has another reason to get rockier. According to PatentlyApple, the Korean company has launched a new lawsuit against the iPhone maker in its home country, alleging that the iOS Notification Center infringes on an active patent.
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What is the Lawsuit About?
Apple’s Notification Center came along with iOS 5 in 2011, a little after Google’s (NASDAQ:GOOG) Android added a notification system to its mobile system. It is not yet clear if Samsung is alleging violation of a patent it owns or an enhancement of the Android feature. The iOS Notification Center allows easy access to incoming messages, email, weather, and other information through a pull-down screen. Foss Patents suggested that the Samsung issue was likely related to a non-standard-essential patent.
CHEAT SHEET Analysis: Catalysts for a Stock’s Movement
One of the core components of our CHEAT SHEET investing framework focuses on the factors that could affect a company’s stock. Getting embroiled in legal problems is not much appreciated by any company’s investors, but considering the intensity of court drama that Apple and Samsung have been going through lately, the news of another lawsuit is not likely to have much impact on the share price unless it eventually leads to a major fine or injunction.