Taiwan Tries to Shore Up Its Defenses Against Samsung
As competition between various technology companies increase, some are losing market share quicker than others. Samsung Electronics, just like other companies, is expanding and innovating in a way that brings in the most profit. They have developed smartphones and memory chips that have outperformed those produced by Taiwanese manufacturers. However, Taiwanese manufacturers feel threatened because they are no longer the top seller of technology parts, one of them being Taiwan Semiconductor Manufacturing Co. (TSMC). Although Samsung claims that they are not targeting Taiwan’s businesses, the Taiwanese government still supports the alliance of Taiwanese and foreign companies because it believes that Samsung holds too much power at the moment. Apple is also hoping that TSMC’s technology can outperform Samsung’s because Apple does not want to get its chip supplies from Samsung, a rival company.
The increase in competition among various technology suppliers reflects a society that is constantly innovating. While there is great competition between these companies, their products aim to outperform each other. As a result, people are able to benefit from these products and their continuous advances.
Written By: Melody Mark
Huang, Annie. “Taiwan Tries to Shore Up Its Defenses Against Samsung.” New York Times. The International Herald Tribune, 21 Apr. 2013. Web. 22 Apr. 2013.