Samsung invests in India

Samsung is diversing investments and building production facilities outside South Korea. Company has to go where their customers are in order to reap cost savings. Another interesting trend that can be seen here is the target country - India. India is stepping from the shadow of China as a prominent consumer market. Original news from The Hindu Business Line.

Samsung plans iPod competitor

Samsung is currently supplying iPod memories for Apple. This cosy relationship is coming to a halt as Samsung is going to launch their competing portable MP3 player in U.S. This new device is called YP-Z5... what were they thinking??

Sources for the post are: Red Herring, Mail & Guardian online