Samsung has allocated $200 million to spend on the patent war next year
31 December 2011 by Olav Hellesø-Knutsen Samsung has set aside $200 million to spend on legal fights next year. The patent dispute with Apple will surely result in extra bonus for some lucky lawyers in 2012
We are ending the year with an article about one of the most discussed issues in the mobile business this year. The legal battle between Samsung and Apple. Samsung and Apple are two of the worlds largest maker of electronic equipment. Well, Apple design the hardware and are mostly outsourcing the production to other companies. Samsung and Apple are successfully doing business in several areas such as Apple buying flash and DRAM memory modules for the iPhone. In fact, Apple is Samsungs largest component buyer. One of the areas where the two companies are in direct competition is the tablet and smartphone business. Apple claims Samsung violates 30 of their patents and Apple has drawn Samsung to court in 10 countries to proof this. Apple has successful managed to hinder the Samsung Galaxy Tab 10.1 from entering several markets. According to the South Korean newspaper Korea Times, the Samsung CEO Choi Gee-sung said that the company has already allocated $200 million for the legal fight next year. Based on this figure, let us do some interesting calculations. Samsung is expected to sell close to 150 million smartphones in 2011. The company no longer reports its mobile phone shipments or average selling price, but a reasonable estimate is $140 per device. If all the 200 millions are spend on the smartphone battle with Apple it means that on each smartphone phone sold $1.33 (200/150) are used on court expenses. This means that 0.88% of the handset selling price are spent on court battles. Interesting to see that Apple's research and development (R&D) spending the last quarter was 2.2% of sales. Alternatively post this in the Esato forum Please sign in to your Esato account to leave a comment regarding this article  etaab13 years, 4 months agoSo if Samsung are doing this, im sure Apple are.
So if between just those two companies they're saving $400m just to waste in the courts - thats pretty disgusting. Im sure $400m could go some way to preventing poverty and children starving to death in Africa. @etaab: let's be honest. They would better waste that money in R&D.
@etaab: there were so many people in the world that needs such money, especially those who have been hit by calamities all over the world last year (2011) Exactly, its ridiculous. I find this whole planet disgusting how major corporations can make such huge amounts of profit and then the worlds ruling powers dont do a thing about it.
I once read that Shell, the oil giant makes over $1m profit every hour of every day ! to think we as people stick a few coins in charity boxes to help people abroad like i mentioned in Africa (since a few hours earlier to posting i saw an appeal on the tv), when companies like Shell could take 24 hours off making profit and solve issues like these. As much as i think Samsung are making a good decision to put some money aside to take on morons like Apple, i think its morally wrong to do so. Steve Jobs vowed to 'destroy' Android
>>>http://www.bbc.co.uk/news/technology-15400984 Stave Jobs quote>>>"I will spend my last dying breath if I need to, and I will spend every penny of Apple's $40 billion [£25bn] in the bank, to right this wrong." Steve Jobs RIP @etaab, as I keep saying... it works both ways...
e.g. Samsung Slaps Apple With Patent Lawsuit in France and this one from just the other day... Samsung hauls Apple into court over emoticon patent 
in fact you just need to google "Samsung sues" to see they sue in other industries too! are Samung morons too? btw, Happy New Year 
People in power have wasted money from day one whatever they do. I recently read the EU ministers had research done into weather water actually hydrates you & if prunes make you goto the toilet or not. Seriously,are they for real  Sorry that was off topic but you get the idea of money wasted everywhere.
@ Masseur - i know you're quite the Apple fan, but im surprised you jumped to defend Apple (yet again) so violently from the topic.
I really dont care about comparing Apple and Samsung in this thread, im talking about the vast amounts of money companies make, spend and waste on things which really are completely unimportant to people dying in Africa, people suffering years on in New Orleans and still do not have a home, people in China, Turkey and India where earthquakes have devastated towns and cities. Then theres the people in Japan who've suffered due to this years tsunami. Im sorry if me calling Apple morons made you jump off topic to defend Apple, but thats what they are to me and will be until the day they go out of business. Therefore i will speak of them in such a manner every time i mention them. Anyway, back on topic.. [ This Message was edited by: etaab on 2012-01-01 19:37 ] Why was my post off topic? the opening post (i.e. the intention of this topic) says nothing about the issues you mention? Indeed it seems mostly to be about how well lawyers will do from all this
I am really sorry if you read my post that way (as Apple defense). I merely once again wanted to post a balancing neutral position showing that what one company does is also what every company does. If anything, yours was the "strong" post so vehemently calling Apple morons when indeed all companies do just the same. Does this mean I should call you a non-Apple fan? I wouldn't do that as I'm not really into pigeonholing. But, I totally agree with the secondary point of view of this topic when it comes to wasting money, but I guess the same can be said of most governments who probably have a more direct connection to the suffering of the world as most do provide aid but in a limited fashion so as to appear to be doing good. I'm not sure the likes of Apple or Samsung do such things, though Microsoft (well, Bill Gates and wife) certainly do. On 2012-01-01 11:03:14, etaab wrote: Exactly, its ridiculous. I find this whole planet disgusting how major corporations can make such huge amounts of profit and then the worlds ruling powers dont do a thing about it. Unfortunately, "the worlds ruling powers" i.e. governments, waste much more money, then companies do, IMO. And they're wasting the tax-payer's, so our money .
@ Masseur, i interpret the topic to be about money, how a company has set aside money to simply battle another company in court. Whether it be Apple, Samsung or any other company. So no i dont interpet it being about another Apple versus the world thread. I think the primary point of the thread is how money is being wasted by companies such as Samsung.
I think you were going off topic by making it another Apple versus the world topic. Im purely interested in discussing the $200m Samsung are wasting on stupid legal battles. If it were me, i think i'd rather let other companies have their way and make a big song and dance about how my money (if i were Samsung) was being given to cancer research or something worthwhile. I actually believe if i did that id get more customers by doing that alone ! I know its all business at the end of the day and its going to happen one way or another but i find it very distressing that i live on a planet and no matter which country i go to live in it'll always be this way - morally corrupt ! [ This Message was edited by: etaab on 2012-01-01 20:31 ] I guess Samsung is feeling backed into a corner & has to have something to fall back in regards to all this. I guess they have to "budget" so much money in case of this. But again it's alot of money wasted & unfair they have to do it
Who are we to judge Samsung for their priorities? They are not the reason why there is powerty, and who knows maybe they give more then 200 mill to people in need I think it is great that someone challenge those companies who wants to rule the world 
Indeed very true. Its all getting rather silly now since i recently read HTC phones might be banned in the US. Why is this?? Cos probably Apple have realise HTC are doing rather well in the US
How much are Samsung worth these days out of interest
Etaab what you wrote about apple going out of business At any point is highly that there rocketing in sales loved by billions Worldwide If company's seek to seek legal action It's upto them at the end of the day there wasting Toilet paper not money Agree about poverty stricken country's tho I would put that in millions not billions. And as for Samsung their sales along with Android are now higher than iOS. Only place its not is the US which figures
Lol well if Samsung are higher
Then they should stop wasting cash Spend more on better materials on there handsets Android only might be above because it sells low cost devices As well as highend ones Tbh though a lot of androids Sufice poor manufacterism Or are rushed out with issues Apple I don't think experience this enough Ok 4S might have issue on arrival but that was quick To resolve with updates I tho have never had a shoddy workman apple device Unlike past android ones dust dead pixels overheating
Battery running out fast lol Off to sleep now but I know this is off topic. But Miss UK Samsung have not built any phone with shoddy materials. Their metal clad Wave phones are not but the plastic on their Android devices does not fall apart or creak. It's just plastic. Android is not selling better JUST cos of low cost phones. Have you not noticed the sales of the GS2 over 10 million alone. Might be more. Many expensive Android devices are selling probably better than the cheap ones. And where did you get that all Android devices are rushed out?? I think the 4S was rushed out & not ready. That too had over heating battery & poor battery life. I am not here to row just making a few points. Also updates on many Android devices are resolved quite quickly too only network locked handsets are not. As for dust issue the 3GS suffered that too so Apple are not without their issues. Goodnight 
The galaxy 2 is a prime example when it
Comes to plastic the back cover is thin so makes Easy snappable I was never a fan of the gs2 anyway it's A big slab with crumbie soft wear Htc sense are miles better! But Htc are one of the ones with issues Google sensation you will find so many issues With it on release I'm actually not surprised The price of it has fallen rapidly tbh! And as for apple I've never had a problem With any device I've had iPod touch 2nd and 4th gen iPhone 4 white and iPhone 4S which I'm using right now For this reply! I understand ppl despise apple but That's upto them get a grip folks Who cares if manufacturers want to take legal Action what's that's gotta do with us? It's there money let them get on with it! But it does not though cos it flexes & when on the back it's solid
On 2012-01-02 02:39:00, Bonovox wrote: I would put that in millions not billions. And as for Samsung their sales along with Android are now higher than iOS. Only place its not is the US which figures But it does.. Android outsells iOS in the US too.. as does Samsung [ This Message was edited by: etaab on 2012-01-02 23:01 ] That's good to know
On 2012-01-02 02:57:49, Miss UK wrote: Lol well if Samsung are higher Then they should stop wasting cash Spend more on better materials on there handsets And noo. I'm an Apple fan, I'm typing this on a MacBook Pro. ok so thats the US
I wonder what the preference is for the UK considering all kids own blackberrys! If only they used the money to pay their developers to port ICS on Galaxy S
Samsung drops plans to release Value Pack for Galaxy S [ This Message was edited by: razec on 2012-01-04 08:09 ] |
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