'Fierce competition' |
The smart phone industry has witnessed stiff competition between Samsung and Apple.Apple Inc. v. Samsung Electronics Co., Ltd. was the first of a series of ongoing lawsuits between Apple Inc. and Samsung Electronics regarding the design of smartphones and tablet computers; between them, the companies made more than half of smartphones sold worldwide as of July 2012.[1] In the spring of 2011, Apple began litigating against Samsung in patent infringement suits, while Apple and Motorola Mobility were already engaged in a patent war on several fronts. Apple's multinational litigation over technology patents became known as part of the mobile device "smartphone patent wars": extensive litigation in fierce competition in the global market for consumer mobile communications.
Samsung chairman Lee Kun-hee, who was convicted of tax evasion in 2008 and pardoned soon after, and the late Apple C.E.O., Steve Jobs. |
Samsung vs Apple
For three years, Apple and Samsung have clashed on a scale almost unprecedented in business history, their legal war costing more than a billion dollars and spanning four continents. Beginning with the super-secret project that created the iPhone and the late Steve Jobs’s fury when Samsung—an Apple supplier!—brought out a shockingly similar device.
Samsung delivers nickel coins worth $1,5 billion.
The height of tension between the two companies got to high levels when Samsung sent several trucks full of nickel coins worth $1,5 billion to Apple headquarters in order to settle a legal battle.
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