Apple Loses in California Court, Intel Hurries Mobile Chip: Tech Business Roundup
United States Magistrate Judge Paul Grewal in San Jose has ordered Apple (NASDAQ:AAPL) to disclose licensing terms of a settlement with HTC Corp. in its patent lawsuit against Samsung (SSNLF.PK). In a Wednesday directive, Grewal said that financial terms of licensing agreements for other third parties have already been disclosed in the present case and told Apple to produce a copy of the agreement under an attorneys-eyes-only designation, writing that, “HTC is not entitled to special treatment, especially when it has recognized the general sufficiency of the protective order and the integrity of Samsung’s outside counsel.”
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Intel Corporation (NASDAQ:INTC) steps up the development of its new low power mobile chip, say anonymous PC industry sources to DigiTimes. The processor is anticipated around the middle of next year and should consume less power and be less expensive to make than its current mobile chip. The website added that the new processor is viewed as a milestone for Intel.
Shares of Research In Motion Limited (NASDAQ:RIMM) jumped 17.3 percent in Toronto on Thursday based on expanding optimism surrounding the firm’s BlackBerry 10 devices which will compete against Apple’s iPhone and Android-based smartphones. It did not hurt that analyst Kris Thompson at National Bank upped his price target from $12 to $15 and maintained his Outperform as he cited the “positive sentiment building in the industry” prior to the BB10’s debut.
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