News Summary: Samsung to show new device in August

AP News
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Posted: Aug 03, 2012 2:20 PM
News Summary: Samsung to show new device in August

FIGHTING FOR SPOTLIGHT: Samsung Electronics Co. plans to show a new mobile device in late August, trying to grab consumers' attention ahead of Apple Inc.'s expected release of the latest iPhone in September.

CONTEXT: Samsung is ensnarled in a closely-watched courtroom fight with Apple over smartphone and tablet patents. Each side is seeking billions of dollars in compensation or royalty payments.

ANALYSTS THINK: Samsung wouldn't give details on the new product. But analysts said it is likely an update of the Galaxy Note, which has a screen bigger than smartphones but smaller than tablets like the iPad.