Samsung chief stresses 'fair' competition with Apple

Oct 19, 2011

Samsung Electronics will maintain its components partnership with US rival Apple, a top executive of the South Korean firm said Wednesday, despite their heated legal battles over patents.

Samsung's chief operating officer Lee Jae-Yong said he met Apple's chief during a memorial service for Apple co-founder Steve Jobs, who died on October 5 after a long battle with cancer.

The Korean firm supplies , display panels and other components for Apple products even though the two companies are in locked in legal disputes over the finished items.

Apple was Samsung's second-largest client in 2010 after Japan's , accounting for four percent of its 155 trillion won ($142 billion) annual revenue.

The Korean company will continue to supply parts to Apple next year, Lee said, adding his meeting with Cook covered the issue of promoting "good relations".

"There was discussion on how to supply even better parts for the 2013-2014 period," Lee told reporters on his return, according to his spokesman.

Samsung and Apple have been embroiled in a series of patent suits accusing each other of copying designs and technology for their smartphones and .

Lee, the only son of Samsung chairman Lee Kun-Hee and heir apparent to the country's largest company, did not say if he had discussed a truce with Apple.

"There is a need to compete intensively in a fair manner for the benefit of consumers," he said, adding top managers would consult legal advisers on whether to expand the court fight with Apple.

The battle over the $100 billion market began in April in the United States when Apple accused Samsung of "slavishly" copying the design of its market-leading iPhone and .

Apple has since sought a ban on sales of Samsung's Galaxy S smartphones and Galaxy Tab in Germany, Australia and other countries, prompting Samsung to file counter-suits.

Samsung is seeking to block sales of Apple's newest iPhone 4S in Italy, France, Japan and Australia in separate suits alleging a violation of technology patents.

Explore further: Two more former Sony workers sue over data breach

add to favorites email to friend print save as pdf

Related Stories

Samsung heir to attend Steve Jobs memorial service

Oct 16, 2011

The heir apparent of South Korea's Samsung Group will attend a memorial service for late Apple co-founder Steve Jobs despite an ongoing legal battle with the US technology giant, a source said on Sunday.

Samsung seeks iPhone sales ban in Japan, Australia

Oct 17, 2011

South Korea's Samsung Electronics said Monday it is trying to block the sale of Apple's newest iPhone in Japan and Australia, escalating a legal battle with the US company after several setbacks.

Samsung 'crossed the line': Apple executive

Apr 21, 2011

Apple filed suit against Samsung last week because it had "crossed the line," a top Apple executive said Wednesday, but hopes to maintain a "strong relationship" with the South Korean company.

Samsung vows counter-action over Apple patent suit

Apr 19, 2011

Samsung Electronics said Tuesday it would take counter-action against Apple after the US firm filed suit alleging that the South Korean giant copied its smartphones and tablet computers. ...

Apple files fresh lawsuit against Samsung

Jun 24, 2011

US technology giant Apple said Friday it has filed a lawsuit in South Korea claiming Samsung Electronics copied its products, in the latest round of an international legal battle between the pair.

Samsung seeks sales ban on iPhone 5

Sep 20, 2011

South Korea's Samsung Electronics will file lawsuits to try to block the sale of Apple's iPhone 5 as part of its global legal tussle with the US technology giant, a report said Tuesday.

Recommended for you

Two more former Sony workers sue over data breach

5 hours ago

Two more former employees of Sony Pictures Entertainment are suing the company over the massive data breach in which their personal and financial information was stolen and posted online.

Constantly changing online prices stump shoppers

6 hours ago

Online shopping has become as volatile as stock market trading. Wild, minute-by-minute price swings on everything from clothes to TVs have made it difficult for holiday shoppers to "buy low."

'Interview' ordeal at Sony just its latest crisis

9 hours ago

How do you say "damage control" in Japanese? Sony Corp. is sealed within a hermetic cone of silence as executives try to prevent the slow motion train wreck at Sony Pictures from damaging the rest of the ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.