Samsung Starts to Feel the Squeeze
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On the same day Samsung Electronics reported disappointing results for its smartphone business, the Korean giant’s Galaxy handsets received an endorsement from an unlikely source: the lawyer for archrival Apple. In his closing argument for Apple’s $2 billion lawsuit against Samsung for allegedly copying the iPhone, attorney Harold McElhinny told jurors the Suwon (Korea) company had made other Android handset makers irrelevant.
“The only products that are selling are Apple products and Samsung products that infringe Apple products,” he said. “It is literally a two-horse race.”