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Samsung ‘will respond’ to Apple’s intellectual property lawsuit as competition heats up

Samsung ‘will respond’ to Apple’s intellectual property lawsuit as competition heats up

In a statement Tuesday, a Samsung spokesman said the company ‘will respond actively’ to Apple’s lawsuit alleging intellectual property violations.

Apple claims that many of Samsung’s gadgets, including the Galaxy Tab, mimic their “technology, user interface and innovative style.” In a legal finger pointing match, Samsung is now claiming Apple is in violation of their own patents on wireless technology.

To make this legal battle even stickier, Apple is Samsung’s second largest customer behind Sony and accounted for 4% of Samsung’s revenue of $142 billion last year. This is no doubt due largely to Cupertino’s massive demand for solid-state memory and display components for the iPhone and iPad.

These issues will become increasingly common as more technology companies such as Google, Amazon and Apple expand their businesses further into each other’s territory.

See also: Apple hides iPad from Schmidt causing a rocky relationship with Google, Amazon launching an Android App Store, Cloud Drive for Android and selling a subsidized Kindle which could pave the way for an Amazon tablet.

Grab your popcorn, this movie is about to get good.

[via Yahoo! News]

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