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Originally Posted by ScotiaBurrell
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Japanese companies have beaten rivals to the market with hardware innovations like flat-panel televisions and high-end mobile phones. Samsung waited for the others to test the market, and when it determined the time was right, it joined the fray to cash in.
Samsung’s strategy was to build something similar to another company’s product but to make it better, faster and at lower cost. When it pounced, it flooded the market with a wide range of models that were constantly updated with incremental improvements at a speed its rivals found hard to match — a strategy best illustrated by its smartphone business. Heavy investments have not been a problem; it once secured low-cost loans from a government-controlled banking sector friendly to big businesses and now draws on its own coffers, which are sloshing with cash.
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http://www.nytimes.com/2012/09/03/te...ef=technology&
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You know what? Take those 2 sentences that I marked in bold and change Samsung for Apple. According to wikipedia Samsung made its first mobile phone in 1988. The one who waited until others tested the market was Apple.
Apple
took features from other manufacturers and made the iPhone.