Apple-Samsung patent war may benefit local firms: Credit Suisse
September 6, 2012, 12:14 am TWN
TAIPEI--Apple Inc. will likely shift some component orders to Taiwanese suppliers from Samsung Electronics Co., as the two electronics giants are locked in an escalating mobile industry war, Swiss bank Credit Suisse Group AG said yesterday.
"Taiwan's supply chain may benefit from the Apple versus Samsung lawsuit," Randy Abrams, Credit Suisse's head of equities research in Taiwan, told a media briefing on the sidelines of the Credit Suisse Asian Technology Conference in Taipei.
A lot of Taiwanese suppliers, including foundry, testing and packaging, and printed circuit board companies, are expected to win more orders from Apple, he said.
In the foundry sector, for example, Apple may place most processor orders using the advanced 20-nanometer technology to Taiwan Semiconductor Manufacturing Co. rather than Samsung, which is likely to happen in 2014, Abrams added.
The analyst's comment came after a U.S. jury ruled Aug. 24 that Samsung, the world's largest maker of Android-based phones, had infringed on six of the seven contested patents by Apple, including both utility and design patents.
The ruling has raised concerns that Apple may try to minimize the role of Samsung, which is competing against Apple in smartphones but also the main supplier to Apple for key components such as processors, memory chips and displays.
Asked about the outlook for technology stocks in the third quarter of 2012, Abrams said he had already seen a trend of stabilization and inventory reduction in the industry after most tech firms reported disappointing results in the second quarter.