Tuesday, February 10, 2015

What can Samsung learn from Downton Abbey?

My apologies if you are one of the three people not yet hooked on Downton Abbey but there really are striking similarities between the two. DA features the owners of a large English estate governed by a descendant of previous owners. Likewise Samsung is ruled by the grandson of the original founder like many other SE Asian companies.
DA and Samsung are both struggling to find a new business model. In the case of DA they decided to raise pigs! Samsung has lost significant ground in the the smartphone market in the last year due to competition from Xiaomi at the low end and Apple at the top. Their focus at last week's Consumer Electronics extravaganza was not on phones (or pigs) but all the things they could connect to the Internet - the Internet of Things. Samsung still sells more smartphones than anyone - they just don't make much money doing it.
Please forgive me - I never imagined I'd be writing my tech column about a soap opera!

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