Comment by bhouston
19 hours ago
I've heard that Samsung's business practices can be quite predatory. Basically if you have cool tech and you try to sell it to Samsung, you'll often get a few meetings and then they will go silent and then what you were trying to sell them will be offered by them as a new product about a year later. At least this was the situation like a decade ago.
I think this is because they are a huge conglomerate and there are divisions and groups that specialize in everything and their (Samsung) culture is to do everything as much as possible in house.
> you'll often get a few meetings and then they will go silent and then what you were trying to sell them will be offered by them as a new product about a year later
This is how business works anywhere. there are no charities. whatever you say to investors or suppliers they can use so you better be careful have lawyers and set up correctly.
(The caveat is of course when Chinese companies do this your lawyers can do nothing while in a developed country you can have some recourse)
But even if Samsung was super predatory business wise it is beside the point. if they both get subsidies and de facto are close to their governments then you have to look at what their governments do. If you like what CCP is doing, it's your choice
> “This is how business works anywhere. there are no charities.”
England and Wales have 171,000 registered charities. The USA has 1.6 million charities.
Not everyone is a business sociopath.
So try to sell your high tech product to literal charity next and see what they offer. As you can imagine after this thought experiment, we're not talking about literal charities.
If you want to make money don't be surprised they also want to make money. If it is financially better to build it themselves they will, or they will tell their friends. Pro tip: don't tell them enough.
Just like in China if they can take your product and slap their own label and sell it at 50% discount they will.