Samsung has a reputation for being a copycat. Heck, Apple is currently suing Samsung yet again for infringing five of its patents. But according to a report from Bloomberg, Samsung is looking to shed its “fast follower” image and become recognized as an innovator instead. At a meeting of 10 of its top executives last December, the Samsung’s top brass were worried about how to survive with the rise of many low-cost competitors from China. “Where they are today is great,” said Jenny Lee, a partner at investment firm GGV Capital in Shanghai. “But they are paranoid.” Typically, Samsung has competed by quickly adapting to technology trends. It started making smartphones in 2009 after the success of the iPhone, and began creating
Comments are closed.
