Posted on 02/20/2015 10:19:22 PM PST by Swordmaker
Making smartphones that run Google’s Android mobile operating system is less profitable than it once was, so Samsung is increasingly looking to software and services for new sources of income.
The shift can put Samsung at odds with Google, its long-time Android partner. Nowhere is this tension clearer than in mobile payments, where both companies are working on their own services.
“We’re thinking more about software and how to integrate it well with hardware,” said David Eun, head of Samsung’s Global Innovation Center. “One area that’s really ripe to create compelling experiences is payments and commerce.”
Samsung acquired LoopPay this week, getting technology that enables contact-less payments from phones on most store checkout terminals in the U.S.
(Excerpt) Read more at blogs.wsj.com ...
Both Samsung and Qualcomm are in trouble on cell phones.
TSMC process problems
My s4 was working fine a few minutes ago.
so for the serious, how long before a totally cashless society? I need to know when to pack.
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