Court attendance of key witness remains in questionSamsung Electronics and Apple have begun their U.S. court battle over intellectual property rights in San Jose, California, on Tuesday, local time, with both sides vowing not to step down.On the trial’s first day, the court selected a panel formed of 10 people ― seven men and three women ― and went forward with an objection hearing.Samsung asked U.S. Judge Lucy Koh to block Apple from using the photos of its late founder Steve Jobs throughout th

Japanese carmaker pins hopes on hybrid vehiclesToyota Motor Corp. is outperforming General Motors in global sales again, bouncing back from a massive recall incident and natural disasters in its home country.The Japanese automaker said it sold 4.97 million vehicles globally in the first half of the year, while the sales of GM stood at 4.67 million units.While Toyota’s Korean unit is also set to wage uphill sales battles with German firms such as BMW, Mercedes-Benz and Audi, market insiders are w

Since 2004, Samsung Economic Research Institute has conducted surveys of CEOs and their reading habits. This year a total of 567 CEOs participated in the survey and recommended more than 1,000 books to read. Among them, SERI picked the 14 best summer reads, including seven on economy and management and the rest on humanities and culture. In the economy and management category, the first to make the list was “Multipliers.” The authors classify leaders as diminishers or multipliers. Diminishers ar

But analysts say supply may exceed demand in auction marketResearch analysts predict some large local enterprises will be put on the market for mergers or acquisitions in the coming months.They cite worsening financial situations for some companies, hit by the eurozone debt crisis and global uncertainties, for a possible vitalization of the nation’s M&A market.According to brokerage industry data, three sectors ― construction, shipping and shipbuilding ― have been hit severely by rapidly declini