Apple’s victory over Samsung in an intellectual property lawsuit has made international headlines. Yet Clyde Prestowitz believes that Samsung will have the last laugh after all:

• America is no longer the biggest smart phone market in the world, China is.
• An American court found that a foreign company had infringed on American patents. Courts in other parts of the world take a differing view. Even if Samsung lost the case in the United States it may well win them in the rest of the world.
• Samsung has almost double Apple’s global market share. All of this make the American verdict somewhat inconsequential.
• Apple is also dependent on Samsung for components necessary to make products such as the iPhone. More than 30% of Apple’s value products is said to come from Samsung. The company might now choose to supply the latest innovations to other companies before Apple.

Read the full argument here.

Source: Foreign Policy