It seems that Samsung has taken the patent war to a different level, giving Apple-its staunchest competitor-a run for their money. Although Samsung is most popular for its mobile devices, it is actually composed of various firms and businesses. According to a Samsung insider, the company is currently not interested with expansion but would rather improve its portfolio by mergers and acquisitions, particularly of promising intellectual property and potentially groundbreaking technologies.

Furthermore, it has recently partnered with Google to solidify their merger and acquisition strategies. Samsung is truly a company to be reckoned with. With all of its subsidiaries doing well and their very liquid financial position, they are literally sitting on US $34 billion, which dwarfs the amount that they lost on a patent war against Apple. This represents the money that they can readily use to increase their research and development efforts and to buy even more companies that have very high potential in the future.

Source: KoreaTimes

Samsung Electronics is wants to reach 500 million in handset shipments sometime in 2013, according to industry supply chain sources.

Last year Samsung sold 420 million devices. Since a couple of years Samsung stopped with giving exact figures for its quarterly shipments. The information regarding sales numbers for this year came from the Taiwanese website DigiTimes. Samsung expects to sell the Galaxy S4 for 50 million times, so only the Galaxy S4 will bring Samsung shipment to 10% of the goal 500 million devices. Samsung uses their own AMOLED panels for there high-end models. Low and mid range devices uses LCD from sharp or from Samsung Display self.

Samsung also has panel supply for use in entry-level and midrange handsets from Tianma MIcro-electronics, Chunghwa Picture Tubes (CPT), AU Optronics (AUO), as well as high-end panel technology from Sharp and Japan Display in addition to supply from Samsung Display, added the sources.