Samsung Seeks Some iPhone Magic
Samsung Electronics Co.’s profits are on the rise again as its chip and display businesses recover from operating losses earlier this year. The turnaround recently helped push its market capitalization past Intel Corp.’s (INTC) for the first time.
But amid that success Samsung also is trying to address another concern: matching Apple Inc.’s ability to sell content and software that run on cellphones and other devices.
Apple’s (AAPL) iPhone has led the way in demonstrating that consumers are becoming more interested in devices that can tap the Internet or run clever applications. The same phenomenon is spreading to TVs and DVD players, which increasingly will be connectable to the Internet in coming years.