Choi Stories June 7, 2012

New Samsung CEO has strong relationship with Apple

Samsung officially appointed a new CEO today to replace Choi Gee-Sung, who will now take up a position as head of corporate strategy overseeing Samsung Group’s roughly 80 companies. Choi, who was CEO for over three decades, will be replaced by Kwon Oh-hyun, who Reuters explained is currently head of Samsung’s components business and has deep relationships with Apple. Samsung made a statement claiming there will be no major changes in the way the company operates, because Kwon will continue to run the components business that  “became the sole supplier of the mobile processors” for iPhone and iPad under his leadership:

The South Korean group named Kwon Oh-hyun as its new CEO. Currently head of Samsung’s components business, which oversees chips and display, Kwon cemented Samsung’s position in memory chips, where it has almost 50 percent global market share, and expanded into non-memory, or logic chips, which now account for 40 percent of Samsung’s overall semiconductor revenue… Under Kwon, Samsung became the sole supplier of the mobile processors that power Apple’s iPhone and iPad – rival products to Samsung’s own Galaxy and Note. The 59-year-old former engineer, who studied electrical engineering at Seoul National University and Stanford, has also led a restructuring of Samsung’s LCD flat-screen business.

This article is cross-posted on 9to5Google.com

Choi Stories May 23, 2012

Shocker: Apple and Samsung agree to nothing during their two-day forced summit

A couple days ago, we updated you on the ongoing legal battle between Samsung and Apple with Reuters reporting Samsung chief JK Shin was considering cross-licensing options ahead of court moderated settlement talks between Apple and Samsung scheduled for May 21. While it is not much of a surprise to anyone following the case, The Korea Times reported today that a Samsung official confirmed no agreement was reached during the two-day summit:

Samsung CEO Choi Gee-sung and Shin Jong-kyun, head of the firm’s mobile division, left Seoul Sunday for the United States to meet Apple CEO Tim Cook by order of the Northern District Court of California, in an attempt to settle the patent fight without going into costly legal proceedings… The two technology giants could find no clear agreement through the talks, according to a Samsung official. Apple Korea declined to comment on the matter.

According to the report, the ongoing patent battle and trial in California is scheduled to continue June 27. As for what was discussed at the meeting…

According to foreign media outlets, both technology giants held firm on their assertions: Samsung continued to demand Apple pay royalties for using its wireless transmission technology and Apple insisted that Samsung copied its design in various products.

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