"Where there is no vision, the people perish: but he that keepeth the law, happy is he."
-- Proverbs 29:18, King James Bible (KJV)

Friday, December 04, 2015

Samsung Struggling in Smartphone Markets in Part Due to a Patent Law System that Promotes Monopolies and Destroys Competition

Samsung Replaces Head of Struggling Smartphone Division is the title of an article at EWeek by Todd R. Weiss.

The magazine CHIP in Germany has a similar piece online at Samsung-Krise: Dieser Mann soll die Galaxys retten.

In its newest 01/2016 print issue, CHIP at p. 17 runs the headline "Wir stecken in der Krise", i.e. "we have a crisis", quoting Samsung's Vice Chairman Dr. Oh-Hyun Kwon that an "extraordinary transformation" (außergewöhnliche Transformation) was required in the company to avert the worst, including rumors of plans in the works to release masses of employees and executives if the financial situation of the company does not improve.

Samsung is faced e.g. with monopolistic Apple -- on the one hand -- trying to corner the smartphone high-end high-price market for itself by destroying competition with the aid of an outdated patent law system, while, on the other hand, the lower-price segments of the smartphone market are being increasingly dominated by Chinese companies such as Huawei and Xiaomi.

Patent cases such as the one we refer to in our previous posting have played a decisive role in promoting such monopolies by skewing markets and destroying legitimate competition in various technological market segments.

Samsung May Appeal Patent Infringement Case to the U.S. Supreme Court

Will Samsung appeal the big patent infringement case involving Apple to the U.S. Supreme Court?

Don Reisinger has the story for Fortune at Samsung Will Pay $548M to Apple for Alleged Patent Infringement writing:
"The $548 million in damages was finally decided by the U.S. Federal Circuit Court of Appeals earlier this year. In August, Samsung’s petition to the court for a new trial was struck down. The decision left Samsung with two options: pay up and move on or appeal to the U.S. Supreme Court."
Take a look at Reisinger's article for more details.

We hope the case is appealed.

Anything that the Federal Circuit has decided has a great likelihood of being flawed to the core, especially in the area of the validity of tech patents.

Moreover, the standards applied for the granting of damages in these kinds of patent-trolling cases are ridiculous.