MENU

Is Apple about to shame Samsung?

Together, Apple (Nasdaq: AAPL) and Samsung are taking over the smartphone world.

In the first quarter, the two gadget makers combined claimed 53.3% of the global smartphone market, with the South Korean conglomerate leading the way, thanks to its wide array of Google (Nasdaq: GOOG) Android devices. Of course, the two companies are world-class frenemies. Samsung is a major supplier for Apple, and they remain embattled in an ever-escalating global patent warfare.

Apple’s not the only one with hostilities toward Sammy. Foxconn, one of Apple’s primary contract manufacturers, also dreams of bringing Samsung to its knees. Foxconn CEO Terry Gou recently said that its partnership with Japan’s Sharp would help it intensify competition with Samsung. Foxconn took a roughly 10% stake in Sharp for about US$800 million in March, and Gou personally just acquired a 46.5% stake in one of Sharp’s LCD panel plants.

This particular plant is the only one in the world that can mass produce panels as large as 60-inches to 80-inches, adding further fuel to the speculation that it’s preparing to start working on the mythical Apple TV set.

Gou told China Times that he has a lifetime goal of defeating Samsung, a company he says has “a track record of snitching on its competitors.” Gou was referring to a panel price-fixing scandal involving four Taiwanese companies back in 2010, where Samsung was a whistleblower to the European Commission.

Samsung’s newest Galaxy flagship, the S III, has just launched to much anticipation, following up the successful Galaxy S II. Gou isn’t impressed, though. He says smartphone buyers should hold off and wait for the next-generation iPhone, which is expected in either September or October, adding that “The new model will put Samsung’s Galaxy III to shame.”

This year’s iPhone upgrade is widely expected to be a whopper, featuring 4G LTE data speeds, a redesigned form factor, and a larger display.

The good news is that we only have a couple more months before we find out.

If you’re in the market for some high yielding ASX shares, look no further than our “Secure Your Future with 3 Rock-Solid Dividend Stocks” report. In this free report, we’ve put together our best ideas for investors who are looking for solid companies with high dividends and good growth potential. Click here now to find out the names of our three favourite income ideas. But hurry – the report is free for only a limited time.

 More reading

The Motley Fools purpose is to help the world invest, better. Take Stock is The Motley Fool’s free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. Click here now to request your free subscription, whilst it’s still available. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

A version of this article, written by Evan Niu, originally appeared on fool.com

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…

Including:

The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Click here for your FREE report!