Samsung May Be Planning to Acquire Other Mobile Companies (Except RIM)

[dgstorm]

According to reports stemming from an interview that J.K. Shin, president of Samsung’s mobile business, conducted with The Wall Street Journal, Samsung is actively seeking other mobile companies to acquire. Mr. Shin made it clear that Samsung has been aggressively hiring foreign software engineers in an attempt to better compete with Apple's iPhone, but sometimes acquiring a company could be the better way to go for collecting talented people and products to improve Samsung's bottom line. He elaborated,

"The technology industry is growing very quickly and it is too much of a burden to try to do everything in-house. There are many qualified workers from India that are very skilled in software. And there are small companies that we can acquire that have good research and development capabilities. If the opportunity allows, we will do M&As (mergers and acquisitions). There is something in the works right now."

Even though he hinted at a potential partnership, the article made it clear that Samsung was not interested in the floundering Canadian, Mobile company, Research In Motion. The article reiterated Samsung's commitment to the Android OS, and its intention to take things further by adding software functionality that goes beyond what the stock version of Android can do. Here's a quote from the article with some details,

Mr. Shin points to Samsung's new top-of-the line smartphone, the Galaxy S III, which was unveiled Thursday, as an example of Samsung's new emphasis on software. While the phone is based on Google's Android operating system, Mr. Shin said Samsung engineers were able to write software for new features such as one that allows users to watch video clips while emailing on the same screen. The phone, which also has face-detection capabilities, follows users' eye movements to keep the phone switched on.

Source: WSJ

 

[tjk629]

Maybe ZTE and Huawei. Wasn't there a story about Google selling off moto?

 

[Droid-Xer]

Samsung really stepping it up. Definitely good for the Android platform. And I agree Huawei would be a nice acquisition.

 

[Narsil]

RIP RIM...

 

[Droid-Xer]

Yep. I'd rather resurrect WebOS than throw money at RIM.