What’s the price of success? Emily Knapp in The Wall Street Cheat Sheet:
Troubled by ongoing litigation with Apple (Samsung Chairman) Lee Kun-hee may seek to cut Samsung’s “reliance on its mobile business,” according to a Korea Times report citing company insiders. Lee just returned from a three-month trip to Japan and Hawaii, and has a history of taking lengthy trips overseas only to return to Samsung with ideas for major changes, including new directions for the business and managerial shakeups.
Samsung has a terrible relationship with Apple, one of its largest customers for chips and other mobile device components. Are other Samsung Galaxy competitors also jumping ship? News may come soon.