Samsung shares rise as sales ban in US lifted

<p>Samsung shares have increased as the US lifts a sales ban on one of its tablet models.</p>

Samsung's share price has risen on the Frankfurt Stock Exchange this morning (October 2nd) as the US lifts its sales ban on the Samsung Galaxy Tab 10.1.

District judge Lucy Koh gave a court order rescinding the temporary ruling that prohibited the device from being sold in the country, which was part of a patent dispute between the South Korean technology giant and its California rival Apple.

The ban was originally set up on June 26th as the two organisations continue in their patent dispute battles in as many as ten different countries' courts.

"We are pleased with the court's action today, which vindicates our position that there was no infringement of Apple's design patent," a spokesperson for Samsung stated.

Samsung has also filed a motion against the Apple iPhone 5 this morning, saying its patents have been infringed.

At 10:55 BST, Samsung's share price rose 0.6 per cent to €478.65 per share.

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