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Archive for January, 2008

Matsushita Says Profit Up 46 Percent – Jan. 31, 2008

Japanese electronics maker Matsushita said Thursday its quarterly profit climbed 46 percent on strong sales of appliances and digital audiovisual products.

Net income at Matsushita Electric Industrial Co. rose to 115.2 billion yen ($1.08 billion) from 78.7 billion yen in the quarter ended Dec. 31 from the same period a year ago, the maker of Panasonic brand products.

Quarterly sales fell 4 percent to 2.34 trillion yen ($22.02 billion) from 2.44 trillion yen a year earlier.

The company’s share price surged 8.7 percent to close at 2,250 yen after Matsushita announced it had settled ongoing semiconductor patent lawsuits with Samsung Electronics Co. in the U.S. and Japan.

The two companies agreed to enter a patent cross license agreement in the field of semiconductors as part of the settlement. The agreement’s details will not be disclosed, Matsushita said in a separate statement.

Can you believe it? Net2Phone sues Skype over 2000 Patent! – January 30th, 2008

Net2Phone, the pioneering Internet phone company that was destined to become a subsidiary of IDT despite objectons from some shareholders, seemingly has figured out a way to strike back against their enduring irrelevance.

Now, they’re taking Skype to court for patent infringement.

The Patent that seems to be causing this ruckus is 6108704, Point-To-Point Internet Protocol.

What’s this? A patent suit 7.5 years after the fact?

net2phonepatent.jpg

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