Last year Samsung was awarded 8 prizes at the international design excellence awards (IDEA). Who did they beat…? Apple! Cupertinos giant took home 7. What’s more is South Korean Samsung raked in USD$84billion more in revenue. What I found amusing with this figure is that a large chunk of that revenue would have come from Apple itself. The worlds largest TV manufacturer is also the worlds second largest mobile phone producer. It is also the worlds largest producer of FLASH based memory, a key component in Apple products of which Apple is a repeat customer.
I loved the quote provided by Fast Company
“In any arms race, the bullet makers win”.