Thursday, April 21, 2011

Apple Filed Suit Against Samsung


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.
Apple was Samsung's second-largest client in 2010 after Japan's Sony Corp, accounting for four percent of the South Korean firm's 155 trillion won ($142 billion) annual revenue. Samsung provides many key hardware components for the iPhone and iPad. In February, the Wall Street Journal reported that Apple spent $7.8 billion for Samsung components, including LCD panels, flash memory, and A4 and A5 mobile processors designed by Apple and manufactured by Samsung.
Apple filed suit against Samsung in San Francisco on Friday alleging that the South Korean giant copied its smartphones and tablet computers.
Apple's company claims Samsung's mobile phones and Galaxy Tab imitated the iPhone and the iPad.
Samsung's Galaxy Tab has been the best-selling rival to the iPad, which has dominated the growing market for the touchscreen devices.
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