Obama rejects Samsung’s request

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Chastity Mansfield
Chastity Mansfield
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The President approved a similar request from Apple. He then rejected Samsung’s request.

Bloomberg

Bloomberg

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Samsung Electronics Co. (005930) must stop importing some models of smartphones and tablet computers into the U.S. after President Barack Obama’s administration upheld a ban won by Apple Inc. (AAPL) in a patent-infringement dispute.

“After carefully weighing policy considerations, including the impact on consumers and competition, advice from agencies, and information from interested parties, I have decided to allow” the import ban to proceed, Obama’s designee, U.S. Trade Representative Michael Froman, said in a statement today.

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