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Apr 23
chosunbimbo

Samsung Answers Apple's Lawsuits With...um...Lawsuits

Posted by: chosunbimbo in News  

Tagged in: Untagged 

Samsung today confirmed that it has filed suits against Apple Inc in Korea, Germany and Japan. However it is being a bit cagey when it comes to which 5 patents it thinks Apple is infringing upon.

Meanwhile The Wall Street Journal's "Korea RealTime" Blog does a much better job than I did explaininig how nationalistic the papers are here when it comes to Samsung, describing the situation thus:

The news of Apple Inc.’s lawsuit against Samsung Electronics Co. was buried inside the business sections of U.S. papers but it made the front pages of South Korean ones.

That difference reflects, in part, Samsung’s huge role in the South Korean economy. It is by far the nation’s largest business by revenue, profit, number of employees, stock market value and value of exports.

Portrayals of Samsung in the South Korean media are shaped by three forces – pride in its accomplishments as a world leader in high technology, anxiety about its power in the national economy and fear of it as the biggest advertiser in the country.

That should appease some of the commenters calling my cries of nationalism out as rubbish. (Or at least explain it).

The WSJ also notes that despite the suits Samsung kicks Apple's iAss all around the park when it comes to worldwide sales, revenue and profit. Despite this it seems that Samsung's record profits in Q4 2010 were ignored by shareholders who felt Apple was beating Samsung.

Apparently, the numbers just don't bear out this naysaying, and Samsung is doing very well than you very much.

And another interesting fact that came out this week - While Apple is Samsungs 2nd largest customer, it turns out SONY is Samsung's biggest customer and buyer of Samsung chips, RAM and NAND flash and display technology.

Who woulda thunk it!?

Re-published with permission from the author. Check out The Chosun Bimbo for more great postings from the author.

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