Taiwan tech industry faces up to Samsung

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Associated Press

Posted on April 17, 2013 at 3:05 AM

Updated Wednesday, Apr 17 at 3:05 AM

TAIPEI, Taiwan (AP) — Taiwanese companies have long viewed tech giant Samsung as a major threat and the battle has recently appeared to tilt in favor of the South Korean rival as Taiwan's smartphone, memory chip and display panel makers suffered sagging exports.

The sales erosion has been driven by competition, some of it from South Korea, and a weak global economy. It has spawned fears on this export-reliant island of 23 million that Samsung has deliberately targeted Taiwanese firms as part of a campaign to undermine their competitiveness in markets around the world.

A number of Taiwanese manufacturers are carving out alliances with high-tech companies in Japan and the United States that are also facing off against Samsung, in an effort to safeguard market share and give a boost to Taiwan's economy

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