Creative

Creative: Group launched 10 patent infringement lawsuits against electronics giants Apple and Samsung, for their use of Creative's technology in the iPhone and Galaxy smartphones, as well as in both firms’ tablet ranges and laptops. Following the announcement yesterday during market hours, Creative's share price surged 13% to close at the day high, the highest gain since 2012. Back in 2006, Creative filed a similar infringement claim against Apple and was awarded US$100m to license its user interface. The play on the counter should continue today.