Apple’s iPhone 4 processor manufacturer, Samsung in the UK is offering free Galaxy S handsets to unhappy iPhone 4 owners in a Twitter campaign.

This is a funny kind of competition. Samsung makes a pile of cash — at least an estimated $2 billion — from making components for the iPhone. (chip, flash, memory). The money really isn’t peanuts: Samsung makes $50 on a 16GB iPhone, and $75 on a 32GB iPhone.

Samsung also has its own eerily similar Galaxy S Series smartphone (soon to be joined by a — gasp — tablet) to sell. Samsung’s UK Twitter team today began offering free Samsung Galaxy S series phones to iPhone 4 owners unhappy that they might have to get a free case.

One recipient of the free largesse told Wired,

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