Thursday, October 24, 2013

Taiwan: Samsung convicted of insulting rival ... - Le Parisien

Samsung, the world leader in mobile phones, was sentenced Thursday to a symbolic fine by the Taiwanese justice for paying bloggers and students who had denigrated his Taiwanese competitor HTC.
If he does not appeal, Samsung will have to pay a fine of 10 million Taiwan dollars (247,000 euros), a ridiculous amount for the South Korean group is expected to reap a record profit of about 7 billion in the third quarter.

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The investigation by the Commission for Fair Trade in Taiwan found that Samsung, through its subsidiary Opentide had hired people to write articles criticizing HTC and recommending the purchase of its phones.
The authors, as well as employees of Samsung, you have quality publishing their assessments One, HTC’s flagship smartphone. They were state of imaginary defects in HTC devices and downplayed or contradicted negative information on
Samsung products.”This is the first case of its kind in Taiwan of a company that hidden advance to take on its competitors,” said the AFP spokesman of the commission, Sun Lih-Chyun.
A Samsung spokesman told AFP Taiwan has merely stated that the company “regretted (have) strongly” the court decision.
According to research firm IDC, the global market share of Samsung in smartphones was 30.3% in 2012, against 19.1% and 4.6% Apple to HTC.

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