Showing posts with label South Korea. Show all posts
Showing posts with label South Korea. Show all posts

Wednesday, May 08, 2013

International

Apple Vs Samsung: Patents war

Locked in legal wrangles over patents

The battle between Samsung and Apple over copyright and patents ownership reached a climax this year in August with a California jury ordering Samsung to pay $1.051 billion in damages to Apple. The Apple-Samsung trial came after each side filed a blizzard of legal motions and refused advisories by US district judge Lucy Koh to settle the dispute out of court. In April 2011, Apple had filed a patent infringement lawsuit to demand $2.5 billion from its smartphone competitor. In response Samsung, which has overtaken Apple as the world’s leading smartphone maker, had fired back with its own lawsuit seeking $399 million. After the trial, the jury found that several Samsung products illegally used such Apple creations as the “bounce-back” feature when a user scrolls to an end image, and the ability to zoom text with a finger tap. Samsung lawyers insisted that several other companies and inventors had previously developed much of the Apple technology at issue and argued that many of Apple’s claims of innovation were either obvious concepts or ideas stolen from Sony Corp and others. But even after the US court verdict, the battle between the two is far from over. Earlier this month, the two companies squared off once again in the same US court that gave the jury award in favour of Apple. In the hearings that have taken place so far, the iPhone maker has been going all out to convince judge Koh to ban sales of a number of the Korean company’s devices, besides defending its $1.05 billion jury award. Other than the US, Apple and Samsung have filed similar lawsuits in eight other countries, including South Korea, Germany, Japan, Italy, the Netherlands, Britain, France and Australia. In one such suit in South Korea, judges in Seoul ruled that Samsung didn’t copy the look and feel of the iPhone; instead it’s Apple that has infringed on Samsung’s wireless technology.

Hewlett Packard: troubled times

Can Whitman turn around HP’s fortunes?

For Hewlett Packard, the No.1 personal computer maker, things have been going pretty downhill for quite sometime. In the third quarter of this fiscal, HP suffered a $8.9 billion quarterly loss as personal computer sales shrank and it had to swallow a huge write-down linked to its $13.9 billion purchase of Electronic Data Systems Corp. It marked HP’s fourth consecutive year-over-year quarterly decrease in revenue, which sank 5% from last year to $29.7 billion. Worse was to follow as HP disclosed in November that it will take a $8.8 billion write off on the Autonomy deal for which it had paid $11 billion last year. This year alone HP has lost close to a quarter of its market value, and its shares are down about 15% from when Meg Whitman was appointed to the helm last year. Whitman has been shaking things up at HP by reorganizing divisions, ushering in new managers and slashing costs through the job cuts. To cope with the upheaval, HP has been expanding into technology consulting, computer software, data storage and high-end servers made for companies and government agencies. But HP hasn’t been evolving rapidly enough to avoid an alarming deterioration in its financial health.


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
 
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Wednesday, December 12, 2012

Plastered to the Wal!

Walmart has failed to replicate success everywhere

They say ‘once bitten, twice shy’; unfortunately Wal-Mart didn’t learn even after a dozen bites!!! Its failure saga began in Germany, where it couldn’t adapt to the German consumers’ culture of hunting for the cheapest products in multiple stores and their resistance to hypermarkets. Finally after incurring losses of $1 billion, Wal-Mart was compelled to sell its 85 stores in 2006 to rival Metro AG. There are also other incidents in other countries which prove how Walmart’s international plans have been smashed to smithereens. It had to invest £337 million to get a grip on its suffering business in Japan (2005), sold-off 16 stores in South Korea (2006), found existence literally impossible in Brazil and Mexico (where sluggish gains and dreadful public relations marred it all). Even Prof. Alan Rugman of Indiana University comments, “Wal-Mart is not competing globally... The first and foremost duty of any retail chain before going global is to gather local knowledge...” When will Walmart learn?


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri

For More IIPM Info, Visit below mentioned IIPM articles.

Friday, November 02, 2012

If Japan can, so can we

INDONESIA, PHILIPPINES & VIETNAM WERE FAMED TO BE FOLLOWING THE JAPANESE GROWTH PATH... THEY TOOK THE COMPARISON TOO SERIOUSLY WE GUESS. BY VIRAT BAHRI

Looking for vulnerable economies post the devastating global crisis of 2008? You can safely look forward to pay dirt in Southeast Asia. Memories of the 1997 crisis, and how the group of 6 – Indonesia, Malaysia, Philippines, Thailand & South Korea – suffered in its wake – are still fresh in the minds of people. Before 1997, these were the new beacons of capitalism and free markets. Within two years, they became the most embarrassing symbols of what could go terribly wrong with the ‘American way’.

Structural weaknesses in these economies remain, particularly with their financial systems; and with what Nobel Prize winning economist Paul Krugman had referred to as the myth of the East Asian miracle. He made the argument prior to the East Asian crisis, when he said that their growth was growth in factor productivity (labour and capital) and not led by technical innovation. Thanks to the seasonal nature of rice farming, the people of these countries quickly adapted to assembly line manufacturing, but the services and distribution sectors remained weak. This was aptly illustrated in Indonesia, for instance, where there were some 850 banks before the 1997-98 crisis and 800 collapsed during the crisis! And as China became a fiercely competitive manufacturing giant, these economies saw themselves in trouble; also because they had developed little expertise in trading and financial services.

With respect to the current situation, three economies from Southeast Asia qualify as the red flag economies – Indonesia, Philippines and Vietnam. Prof. Edward Lincoln, Clinical Professor of Economics, NYU Stern, does point out that these economies “have come through the current recession with positive economic growth.” But the internal risks are still on a high pedestal.


Source : IIPM Editorial, 2012.

For More IIPM Info, Visit below mentioned IIPM articles.

 
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