Legal News

Samsung Wants to Shed its “Fast Follower” Image
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

According to the founder of Samsung Group, the meaning of the word Samsung means “Tri-Star” or three stars. The word “three” represents something “big, numerous and powerful;” the “stars” mean eternity.

Samsung Electronics is the world’s largest information technology company measured by 2012 revenues, and 4th in market value. Bloomberg News reported that, Samsung says about 25 percent of the company’s workforce is dedicated to research and development, which results in thousands of new patents per year. Samsung has a powerful influence on South Korea’s economic development, politics, media and culture.

  
What
Where


It has been reported that 10 of Samsung Electronics’ top executives met in Shanghai last December. Samsung has a reputation for being a copycat. Apple Inc. is currently suing Samsung yet again for infringing five of its patents. According to a report from Bloomberg News, The Samsung Company is looking to shed its “fast follower” image and become recognized as an innovator instead.

The Times of India has reported that, Apple Inc. and Sssssssss Electronics have battled in court for nearly three years over their smartphone technology. March 14, 2013, Samsung unveiled the Galaxy S4 phone. According to Bloomberg News, The Samsung Company has declined to comment on the executives meeting in Shanghai or on its rival companies.

Samsung, the South Korean multinational conglomerate company says in an e-mailed statement that, “Samsung has always been an innovator and has led the development of core technologies and products over many years,” they say that “We contest the idea that Samsung is simply a fast follower. Samsung’s success in the fast-evolving and competitive technology industry came from our commitment to R&D, innovations in products and designs, in-house engineering and manufacturing as well as convergence capability across smart devices.”

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




It has been reported that in November 2013, the corporation was valued at $227 billion.  If you would like more information about employment opportunities with The Samsung Company, readers can click here 

Image Credit: www.windrivernews.pixnet.net





 

RELEVANT JOBS

Paralegal / Legal Assistant

USA-NY-Staten Island

STATEN ISLAND PLAINTIFFS PERSONAL INJURY LAW FIRM IS SEEKING A FULL TIME/PART TIME PARALEGAL/LE...

Apply now

Attorney

USA-WA-Walla Walla

When the COVID crisis hit our state, we continued serving clients in our community. We are...

Apply now

Associate Attorney

USA-FL-Orlando

A/V Rated Downtown Orlando Law firm of Fisher Rushmer, P.A. is seeking an associate with 2 - 6 years...

Apply now

Legal Extern / Litigation Law Clerk

USA-VA-Alexandria

Old Towne Associates, P.C. (Alexandria, VA) Legal Extern Openings - Class of 2021 and 2022 ...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Mergers and Acquisitions Associate Attorney

USA-CA-San Diego

San Diego office of a BCG Attorney Search top ranked law firm seeks Mergers and Acquisitions Associa...

Apply Now

Senior Wealth Management Group Associate Attorney

USA-CA-San Diego

San Diego office of our client seeks Senior Wealth Management Group Associate Attorney with 9 years ...

Apply Now

Bankruptcy Associate Attorney

USA-CA-Los Angeles

Los Angeles office of a BCG Attorney Search top ranked law firm seeks Bankruptcy Associate Attorney ...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top