Analysis: Friend and foe; Samsung, Apple won’t want to damage parts deal | Reuters

While Samsung Electronics is reeling from a patent pounding by its smartphone rival Apple Inc, this is unlikely to damage the other part of their relationship – where Samsung is the sole supplier of Apple-designed chips that power the iPhone and iPad.

At an emergency meeting in Seoul early on Sunday following the damning U.S. legal defeat, the South Korean group’s post mortem was led by vice chairman Choi Gee-sung and the head of the mobile business JK Shin, rather than by CEO Kwon Oh-hyun, whose primary role is in charge of the components business.

The clear message from Samsung is that a strict internal firewall between its handset business and its components operations remains intact.

While it plans to appeal the U.S. verdict, and a damages bill for $1.05 billion for copying critical features of Apple’s popular mobile devices – a sum that could be trebled – Samsung will not want to put at risk its Apple supply contract which is worth billions of dollars.

via Analysis: Friend and foe; Samsung, Apple won’t want to damage parts deal | Reuters.

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One Response to “Analysis: Friend and foe; Samsung, Apple won’t want to damage parts deal | Reuters”

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