Samsung using child labor - Samsung Galaxy Nexus

http://www.change.org/petitions/sam...0982&utm_medium=email&utm_source=action_alert
That's pretty bad. Looks like Apple's not the only company exploiting kids...
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every us company does this

If only it stopped at just using children. The things ive had to deal with and report from low quality chinese manufacturers is disgusting. My company is currently looking at switching to american manufacturing for our products because of crap like this. The hard part is finding a cost effective way to not go out of business with increased costs :/
also if youve ever had to deal with them its sick. you go there and tell them what they are doing wrong and need to change and they do so, and as soon as youre out of their country they go back to what they were doing and now just keep it even more secret.
dont be so quick to judge apple and samsung or any other manufacturer for that matter. very little is changable as you would want to hope. Labor and quality and safety regulations in these areas are about the level of Oliver Twist. A lot of these 'reports' throw in big name companies just to draw attention of the public.

what electronics company doesn't?
Their tiny little supple hands are perfect for building small microchips and pcbs

Most of those workers have no choice, they can either work for like $2 a day building electronics or they can be hungry and on the street.
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Capitalism! The only time where throwing human rights out the window can earn you praise for your good business sense!
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lol if u think only Samsung does this, this is nothing new
msavic6 said:
Most of those workers have no choice, they can either work for like $2 a day building electronics or they can be hungry and on the street.
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And this, at least they're making something instead of starving to death
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Everyone needs a sweatshop if their own
*Shaolin Shadowboxing *

I think they can work but in better conditions and better pay
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What country is this occurring? Some places $2 is alot
*Shaolin Shadowboxing *

They make decent phones...fair play.
[/takes tongue out of cheek]
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Samsung is not Samsung mobile. They could be manufacturing parts for phones for other companies.
I am Chinese and am saddened by the condition of those kids. Child labor still exists and the government are not doing much about it.

wngmv said:
Samsung is not Samsung mobile. They could be manufacturing parts for phones for other companies.
I am Chinese and am saddened by the condition of those kids. Child labor still exists and the government are not doing much about it.
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With the amount of people in China, I find it hard to believe that their could ever be enough jobs for everyone. So company's like Samsung, Apple and others are welcome for the jobs they provide even though they may not be the best working conditions.
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It said a warehouse that shipped Samsung products as well as other company's products. Why is Samsung at fault again? Don't people as young as 14 get part time jobs at McDonalds? I did.
Sent from my AOSP Android 4.1.1 Galaxy Nexus.

Their little hands can get those hard to reach places...
Kidding, kidding.
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Sigh. Very few people know that even though china is well well over 1 billion people, there are more jobs available than people to fill those positions. That is why we hear about these kinds of work conditions. A lot of the blame falls on us, the consumer. Yeah i said it. It is just like countries that produce drugs like cocaine because they can because their is a high demand. And another thing that might be hard to believe but isn't if you think about it, is the fact that a lot of places like those that make synthetic drugs or whatever, have no idea what they're making and what for. You just show up, do as much as you can, and hope you get paid, or can graduate from school, or your family doesn't get killed or just plain ole hope i don't go hungry today. Reality folks. When keepin' it real goes wrong.
will key lime pie add another row of apps to my homescreen?

If there were more jobs than people, work conditions would be better.....to attract more workers.

I spent the first 7 years of my career working for electronics manufacturers, five years at an Android phone manufacturer, and two years at a cell phone component supplier (iPhone, and all high end Android phones). I've been to China and been inside the factories where the phones and components are made.
Most people would be amazed at these places....

rehughe said:
I spent the first 7 years of my career working for electronics manufacturers, five years at an Android phone manufacturer, and two years at a cell phone component supplier (iPhone, and all high end Android phones). I've been to China and been inside the factories where the phones and components are made.
Most people would be amazed at these places....
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In what way? Good or bad
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This doest belong on xda i will get this locked down!
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Related

Galaxy SII Drop Test

So Squaretrade (I think?) did a drop test with the iPhone 4s vs Galaxy SII (not our version but they are similar in build I would assume). Be warned, it hurts to see our phone fall but it fared VERY well compared to the iPhone 4s.
http://allthingsd.com/20111017/samsungs-galaxy-sii-beats-the-iphone-4s-at-least-when-you-drop-them/
In your face Apple...........of course not very scientific. But I don't like Apple products anyways.
You know that your vaping signature banner is setting off google chrome warnings? It doesn't want to let anyone access the page because apparently that site is known for distributing malware.
I did my own drop test yesterday. 2 ft right onto the upper left corner.
No issues other than a scuff mark!
Where the hell is my case I ordered?
i saw this vid a couple days ago. The test with the ipad, zoom, galaxy Tab was pretty cool too. These things are way too fragile.
I am happy to see that Samsung products had the best results. Take that iphoney
Thats cool the screen stood up to the test. The bezel can't pass my pocket test, there's already some substantial dings on mine and I baby my stuff. Way more prone to stuff like this than the Sensation was. Definitely get a case if you're questioning it........
IPhones are for socialist coffee shop sucking yuppies
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Lol
tackleberry said:
IPhones are for socialist coffee shop sucking yuppies
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Click to collapse
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tackleberry said:
IPhones are for socialist coffee shop sucking yuppies
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Click to collapse
I like to think of it this way: IPhones are more for young children, old people and those who are not technically inclined (and have no interest in being so)... Or for people who don't care about being able to customize or tweak it much on the software level, they just want it "to work".
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That was painful to watch, even as much as I hate iPhones >.<
Iphones remind me of those brightly colored toy laptops from Toys R Us. Kids see mommy & daddy with their laptops & they want one too, but they can't quite handle a real computer so they just get a toy that makes them feel important
Why does everyone feel they need to compare to apple. It keeps proving they make better products and we are all chasing to be like them. Don't give apple the credit.
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JayRolla said:
Why does everyone feel they need to compare to apple. It keeps proving they make better products and we are all chasing to be like them. Don't give apple the credit.
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Just to be on the record, I saw this as more of an interest in seeing what happens when our phone drops to the ground. I honestly don't care much about what happens to an iPhone, as I don't own one. I know other posters are bashing apple which is fine with me (I could care less), but I took some useful information out of this and have much less worry using this phone day to day with or without a case now with the knowledge that it can take a beating and still come out fighting strong.
kabuk1 said:
That was painful to watch, even as much as I hate iPhones >.<
Iphones remind me of those brightly colored toy laptops from Toys R Us. Kids see mommy & daddy with their laptops & they want one too, but they can't quite handle a real computer so they just get a toy that makes them feel important
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LOL, this post make me laugh a lot....

SOPA.... Let me tell you how I feel :)

████ ██ ████ everything ███ █████ is█████ ████ ████ fine ████ ███ █ ██████ love.█████ ███ your █████ ████ government
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Me no get it ... I is on tapatawk
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Everything is fine. Love your government.
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while the bill is dead at least for now. I wouldn't put it past people (namely Lemar) to re write it or get it included into something else that no one catches right off.
cidica said:
while the bill is dead at least for now. I wouldn't put it past people (namely Lemar) to re write it or get it included into something else that no one catches right off.
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It's not dead. They shelved it, and are currently revising it to resubmit later.
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What's wrong with the internet the way it is... aren't people satisfied with the bazillions of dollars they already make in profits...
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xSaint21 said:
What's wrong with the internet the way it is... aren't people satisfied with the bazillions of dollars they already make in profits...
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Apparently the music and film industries believe that the record-breaking profits every year aren't enough. They seem pretty convinced that if I could not download, say, music from the 1920's that I would somehow pay them money for it...oh, wait, they don't even sell it? Then surely I would just spend my money on something they do sell?
The real issue is not piracy. At all. It is control. They are losing control of content creation, distribution, profits and everything in between.
It's a paradigm shift. There is no more scarcity. In the past it cost money to make physical copies of content. That is no longer true. In the past it cost money to transport and distribute content. That is no longer true.
Guess who owns every one of those in-between industries? Guess who gets to pick the celebrities?
The internet has made all of that obsolete. The traditional music industry structure is crumbling so fast that you can start writing it's obituary now...the film industry still puts a TON of money into big movies--money that technology hasn't found a way to make irrelevant yet. So, they will likely go nowhere, but, profit margins are going to have to get slimmer to compete with all of the independently produced films.
People will always want to own the physical media under some circumstances...collectors, to give as a gift, for that one really special movie or album....but...most people won't.
These 2 industry associations are trying to prop up a 100 year old business model at the expense of cultural and technological progress....and that means money--to everyone else but them.
Tough ****. Pick a new business. Let the rest of us get on with progress.
They get paid way too much anyway. Some chick can make a sound out of her voice? So what, I've seen people run minecraft inside of minecraft on a computer they built out of blocks inside of minecraft. Now that is deserving of millions.
I recently saw a youtube vid of a talk Cory Doctorow gave at the 28th chaos communication congress last month. it's a long speech (about an hour) but worth watching and discusses SOPA and a lot of topics regarding restrictions on computers. here's just a bit of it.
"And on the network side, attempts to make a network that can't be used for copyright infringement always converges with the surveillance measures that we know from repressive governments. So, SOPA, the U.S. Stop Online Piracy Act, bans tools like DNSSec because they can be used to defeat DNS blocking measures. And it blocks tools like Tor, because they can be used to circumvent IP blocking measures. In fact, the proponents of SOPA, the Motion Picture Association of America, circulated a memo, citing research that SOPA would probably work, because it uses the same measures as are used in Syria, China, and Uzbekistan, and they argued that these measures are effective in those countries, and so they would work in America, too! "
I would post a link but not sure what rules are regarding that. anyway if you search for "28c3 cory doctorow" it will be the first that shows up.
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xSaint21 said:
What's wrong with the internet the way it is... aren't people satisfied with the bazillions of dollars they already make in profits...
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Click to collapse
The thing is the more money people make, the more they want=OIL COMPANIES.
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Kinda was a rhetorical question greed is one hell of a thing.
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[Q] A100 a good choice for 3 year olds?

Hi, I'm considering purchasing an A100 as a developmental tool for my twin 3 year olds. I would probably put a bunch of kids stuff on it and run it inside the Kids Mode app.
Would you say the A100 is a good choice for this purpose? Is there a better choice?
I think it is. I let my 3 year old daughter play fruit ninja and anger birds all the time. Its the perfect size to sit in her lap while shes on the couch.
How sturdy is the A100?
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Or if you can wait get this
http://www.pcworld.com/article/251203/archos_child_pad_tablet_is_129.html
IMO a100 is good but may be overkill. Why not just a really cheap one like a coby or an off brand. I've seen some go for less than $100 retail.
noo
i suggest not it is not worth it to give a 300 dollar honeycomb tablet that can be upgraded to ics to a 3 year old
a wasted investment
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sdc177 said:
How sturdy is the A100?
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Click to collapse
It's a pretty tough little tablet so long as its not thrown across the room. I've dropped mine quite a few times and it hasn't broken yet. The screen is gorilla glass, scratch resistant, takes some force to crack. When combining this tablet with kids, I'd say the most you have to worry about is how much you'll have to clean the screen. I work as a barber and use my a100 to keep kids occupied while I cut their hair.
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aznmode said:
Or if you can wait get this
http://www.pcworld.com/article/251203/archos_child_pad_tablet_is_129.html
IMO a100 is good but may be overkill. Why not just a really cheap one like a coby or an off brand. I've seen some go for less than $100 retail.
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Click to collapse
Well, I would want to be able to use it as well occasionally. No Android Market either.
opera38205 said:
i suggest not it is not worth it to give a 300 dollar honeycomb tablet that can be upgraded to ics to a 3 year old
a wasted investment
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Click to expand...
Click to collapse
Cost will be $230 new or $200 used. Their current tablet is a Xoom and this will be tablet #2 so they don't have to fight over the Xoom. As someone who works in the financial industry I have to ask, do you really consider any tablet, phone or other piece of electronics an investment?
6stringandy said:
It's a pretty tough little tablet so long as its not thrown across the room. I've dropped mine quite a few times and it hasn't broken yet. The screen is gorilla glass, scratch resistant, takes some force to crack. When combining this tablet with kids, I'd say the most you have to worry about is how much you'll have to clean the screen. I work as a barber and use my a100 to keep kids occupied while I cut their hair.
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Good to hear!
sdc177 said:
Well, I would want to be able to use it as well occasionally. No Android Market either.
Cost will be $230 new or $200 used. Their current tablet is a Xoom and this will be tablet #2 so they don't have to fight over the Xoom. As someone who works in the financial industry I have to ask, do you really consider any tablet, phone or other piece of electronics an investment?
Good to hear!
Click to expand...
Click to collapse
Well without a calculator you'd be doing all your financial analysis on paper... which would take so much longer. Without communication electronics you'd be running around much more wasting that precious time trying to get a very easy question answered when you could have just called up that person... or to give you more of an advantage let's say you could use snail mail via horse... since vehicles have some form electronics in them. But seriously, try to do your job, for one week, without ANY form of electronics along side someone that is using them. Also, the consumer electronics can be used as productive tools if that's what you use them for. All depends on the motivation and mentality of the user. In the right hands, a hammer can build a house... in the wrong hands it's being only used to open beers. For those who use consumer electronics for entertainment... best argument I can make for them is that it's it helps with stress management and therefore an investment on their mental well-being.
Hope that gives you something to think about. Looking forward to your response.
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sdc177 said:
Cost will be $230 new or $200 used. Their current tablet is a Xoom and this will be tablet #2 so they don't have to fight over the Xoom. As someone who works in the financial industry I have to ask, do you really consider any tablet, phone or other piece of electronics an investment?
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Click to collapse
@ bolded.
And wouldn't you consider something going to the well being and development of your children an investment?
The a100 is a great tablet! But for a 3 year old....I think that maybe some special learning tablet like a 'leap pad' or 'leapfrog' would be better. Honestly, I dont think a 3 year old should have a tablet just yet. Their eyes are still developing....It just doesnt seem right to me.
No, it is not.
yanksrock1000 said:
The a100 is a great tablet! But for a 3 year old....I think that maybe some special learning tablet like a 'leap pad' or 'leapfrog' would be better. Honestly, I dont think a 3 year old should have a tablet just yet. Their eyes are still developing....It just doesnt seem right to me.
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Click to collapse
+1 my son has a vtech innotab. looks like daddies but he actually learns instead of just drawing on daddies tablet. not to mention its way more rugged and costs 79.99. way better tool for teaching your kids. hes only 18 months but answers super simple math questions and colors like a champ haha. the leappad is also great...it was my second choice.
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he will probably take better care of it then most grown ppl simply cause it will never leave there hand
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I dont know about going the leaf pad route. In my opinion a100 will be a cheaper choice in the long run, lot of fun educational stuff for kids for low prize even free. Leaf pad you need to buy new books and cartrige.
Im not an expert in parenting so don't need take my opinion as an advice keep it as anothr tough to think about.
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Leap pad is garbage ..
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maek_it_happen said:
Leap pad is garbage ..
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Yes. We already have two of them. They suck.
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Y not have ur kids go outside and play?? Be a normal ****ing parent
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My 2 year has a galaxy tab and she goes through like nothing, my opinion get any tab thats not gonna lag its the digital age, yes she goes outside cant keep her in but they will be smarter for it. Mine can almost type her own name at two
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I dont think a tablet is a good choice for a 3 year old kid, since they'll just use 2 or 3 apps (mostly games) it'll be a total waste of money.
BrothaJINC said:
Y not have ur kids go outside and play?? Be a normal ****ing parent
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luisxd said:
I dont think a tablet is a good choice for a 3 year old kid, since they'll just use 2 or 3 apps (mostly games) it'll be a total waste of money.
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Click to collapse
Honestly. It is not a waste a money because the kid learna. My daughter has one and she learns a lot and.is very smart. And she plays outside all the time. It may be a waste of money to people who dont have money to just buy one. But if you can afford to get one for yoir kid then go for it. This tablet is the cheapest tablet for which you will get your most bang for your buck.
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What if Apple wins?

I got a new red s3 a few days ago and other than not being able to check for ot updates, I really like it. However, I have one big concern that has me wondering if maybe I should swap it out for a One X ($79.88 at wal mart). If Apple ends up winning the court case against Samsung, what will happen as far as future updates/upgrades/support? If Apple wins, apparently th s3 will be banned from future sales. And since they have already taken the local search function away, what other features are we likely to lose just to appease Apple?
Samsung and Apple will battle in court for the foreseeable future. The sgiii isn't going to get barred from being sold, at least not for any significant amount of time.
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I got mine
Apple already put a stop to sales of one of Samsung's tablets. The s3 is next on their list. But I already have one so that part doesn't concern me. What does concern me is support for the s3 if Samsung is banned from selling it. It is hard to imagine them supporting a product that they can't sell. Plus, if the software is also banned (local search), will they even be able to support it if they want to?
Umm they really don't have anything to go after the SGS3 for. It is not rectangular, it does not have uniform corners, and TouchWiz does not look like iOS, so what could the possible ban it for?
I know
I feel the same way. But you know how it is. I couldn't believe that Samsung took away the local search but they did. Apparently, pretty much everything from the icons to the touch screen is copied from Apple. But the s3 with its physical home button is the first Android powered phone to outsell the iPhone. Therefore it must go. Like I said, Apple got the Nexus tablet banned because it was too much like the iPad. I just don't want to be stuck with a phone that is constantly being stripped down bit by bit or completely removed from the market and nit supported at all. It's funny, though. The Apple TV sure looks like a Samsung to me. I wonder if Samsung will sue Apple?
Becouse they are afraid of the sgs3...
sent from my galaxy far far away...
lordjan1986 said:
Becouse they are afraid of the sgs3...
sent from my galaxy far far away...
Click to expand...
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With good reason.
Sweet we will be only ones with s3. lol. It won't happen.
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catchesbass said:
I got a new red s3 a few days ago and other than not being able to check for ot updates, I really like it. However, I have one big concern that has me wondering if maybe I should swap it out for a One X ($79.88 at wal mart). If Apple ends up winning the court case against Samsung, what will happen as far as future updates/upgrades/support? If Apple wins, apparently th s3 will be banned from future sales. And since they have already taken the local search function away, what other features are we likely to lose just to appease Apple?
Click to expand...
Click to collapse
You are on xda, you shouldnt worry about that. Devs here will do everything to add features back. atleast the common sense ones.
Even if something as far-fetched as banning the S3 does occur, I doubt that they would simply just stop supporting a device that sold over 10 million units.
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I mean really, Apple does not have nothing to stop the SGS3. The phone was designed to avoid being stopped by Apple. and even then, if they try to stop it via software, they cant, because all it takes is a software patch. hence the Galaxy Nexus.
When it comes down to it, Apple is scared. Android is light years better and they know it. They know that Google made an OS to rival theirs and did it better. So, if you can't beat the competition, then sue (sp.) their butt off! Apple will ALWAYS be a fanboy market...meaning all the die-hard robots that will do/buy whatever Apple tells them too. Meanwhile, Google will keep innovating and making their mobile OS truely the best on the market today.
ahh the beauty of living in canada us patents dont apply here! yippee! never have to worry about any of these stupid lawsuits. :good:
though even if they win, they cant really touch the sgs iii, apple is mainly targeting older samsung phones which imo did blatantly copy apple (talking about like the galaxy s originaly) , they have changed a lot since those days. id be surprised if they had any dirt on the siii.
They are scared of Samsung itself. They know that Samsung copied the iPhone, and lets be honest here, they copied the dam iPhone, but they produced a product a million times better than the iPhone.
Samsung has some great technology, which is why its one of Apple's "Key Partners". I have owned three Samsung devices in the last year and they all were really good. Samsung has what it takes, but it is being limited by Apple. Why do you think the SGS3 is so ugly looking? To avoid Apple and its lawsuits.
J Prime said:
They are scared of Samsung itself. They know that Samsung copied the iPhone, and lets be honest here, they copied the dam iPhone, but they produced a product a million times better than the iPhone.
Samsung has some great technology, which is why its one of Apple's "Key Partners". I have owned three Samsung devices in the last year and they all were really good. Samsung has what it takes, but it is being limited by Apple. Why do you think the SGS3 is so ugly looking? To avoid Apple and its lawsuits.
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Looks better than the HTC X and the iPhone itself.
Apple deserves to win this case. Look at the points and cases they are bringing up against the Galaxy S 1. The UI was completely ripped off of them. In addition, Samsung's lawyers are a bunch of jackasses in court (read the Verge if you dont know what Im talking about). Now... some of the new patents Apple is getting are utter bull****. I was pissed when they tried to ban the GNex because of the search patent .
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---------- Post added at 06:50 AM ---------- Previous post was at 06:49 AM ----------
megagodx said:
Looks better than the HTC X and the iPhone itself.
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I lol'd. The Galaxy S3 pales in design when comparing it to those two
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Guys you cant ban something that already has tens of millions in the wild. Apple is definitely worried, because Steve only left them so much on his notes he kept and the iphone train is going to run out of steam after the next 2 iphones you mark my words, that is all he left them.
Buy another phone if you want, nothing in life is certain, but I would not worry one minute and use the phone you want now. Its already the best thing out there as is, once JB rolls out its a done deal. They have a removable battery and SD slot, doesnt sound like an iphone clone to me...And who cares if they ban the S1, its a totally different phone and old as hell to boot, it aint gonna happen. They must stop it before its released or it just doesnt work.
catchesbass said:
Apple already put a stop to sales of one of Samsung's tablets. The s3 is next on their list. But I already have one so that part doesn't concern me. What does concern me is support for the s3 if Samsung is banned from selling it. It is hard to imagine them supporting a product that they can't sell. Plus, if the software is also banned (local search), will they even be able to support it if they want to?
Click to expand...
Click to collapse
Why do you need support from Samsung? Just root and install custom roms, my old HTC Hero on Telus took over a year to get an update from 1.6 to eclair, but by then I was already running a custom rom.
I didn't mean to start an apple vs Samsung vs one x discussion. Honestly, I am amazed at how far mobile phones have come since I got my first Motorola Star Tac when I was in the military. I am just concerned about the future of my s3 in the event that apple wins in court. That said, I can see where apple is coming from. However, without competition from other manufacturers, there will be very few more advancements in the industry. Especially if every time someone produces a product that may or may not be better than apple, apple sues that company into submission. Imagine how it would be if car companies did the same thing. Or even something as simple as clothes detergent. My concern is not whether or not Samsung "will" support the s3 but whether not they will be able to due to restrictions placed on them by the courts that may prevent them from having the ability to support and improve on the s3
King Shady said:
I lol'd. The Galaxy S3 pales in design when comparing it to those two
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i lol'd at your lol. ur crazy dude

Bidding war ???

Now dish network wants to buy sprint ....
http://money.cnn.com/m/#!/2013/04/15/technology/dish-sprint-bid.json?category=Latest News
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Epix4G said:
Now dish network wants to buy sprint ....
http://money.cnn.com/m/#!/2013/04/15/technology/dish-sprint-bid.json?category=Latest News
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Beat me to it. This is VERY intriguing. At this point, I'm stuck with Sprint for a couple more years at least, most likely. Any sort of "cash infusion" is welcomed.
In the end, the only major player in my small city is Verizon, I may be jumping ship so I don't have to deal with crappy 3G speeds where 4G can be had. =\
And now Verizon looks like it's going after the Clearwire spectrum:
http://www.theverge.com/2013/4/15/4...re-1-5-billion-to-lease-its-spectrum-says-wsj
PsycloneTW said:
And now Verizon looks like it's going after the Clearwire spectrum:
http://www.theverge.com/2013/4/15/4...re-1-5-billion-to-lease-its-spectrum-says-wsj
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That move doesn't quite compute for me. Doesn't Sprint essentially control ClearWire? I suppose if Sprint needs cash more than it needs spectrum (which if probably the case), then it makes more sense.
MeetFace said:
That move doesn't quite compute for me. Doesn't Sprint essentially control ClearWire? I suppose if Sprint needs cash more than it needs spectrum (which if probably the case), then it makes more sense.
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sprint does Control Clear. At least that what I have read
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Sprint owns clear but they are still run independently of each other. ..2 separate companies .... similar to how Samsung can compete against Apple being sued by Apple and will still sell parts to Apple
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Epix4G said:
Sprint owns clear but they are still run independently of each other. ..2 separate companies .... similar to how Samsung can compete against Apple being sued by Apple and will still sell parts to Apple
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I agree, mostly. Except that Samsung isn't selling away their most important asset to Apple, the tech and research behind the screens.
As I understand it, ClearWire only has one thing that people want, and that is the spectrum itself. Unless Sprint can never use the spectrum Verizon wants, this move still confuses me.
Does anybody in here know about how this affects stocks? It went up almost $1 today!!!! So I was reading and did some research and this article says that it will disappear after a couple days and to sell , I dont understand how all that works anyone w some insight id greatly appreciate it.
Inside the Lab , bout to take over the "World"
BigRitz said:
Does anybody in here know about how this affects stocks? It went up almost $1 today!!!! So I was reading and did some research and this article says that it will disappear after a couple days and to sell , I dont understand how all that works anyone w some insight id greatly appreciate it.
Inside the Lab , bout to take over the "World"
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Big, there is no magic formula for how stocks go up and down. I mean, at one time or another, there are methods to follow, but once everyone catches on...typically it stops working. That's not to say that in situations like this, with announcements like this, that the sudden excitement doesn't drive prices up only to come back down shortly thereafter. It happens, and happens often.
But, who's to say in this instance that prices don't hold and potentially go up even further?
For all intensive purposes, the stock market is a zero-sum game (debatable). When I lose, someone else has won.
All in all, I stay away from the stock market. Not because it's inherently bad, but because I haven't spent enough time researching it and getting to know the ins and outs.
MeetFace said:
For all intensive purposes
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intents and purposes. 3 words there even though when most people say it it comes out sounding like 2.
austin420 said:
intents and purposes. 3 words there even though when most people say it it comes out sounding like 2.
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Thank you for this. I can't believe I've been saying this wrong for so long. Myself being a person who takes pride in proper grammar etiquette had to look it up to make sure you were correct. Alas, you are 100% right, and I've probably sounded like an ass at more than a few interviews lol.
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BigRitz said:
Does anybody in here know about how this affects stocks? It went up almost $1 today!!!! So I was reading and did some research and this article says that it will disappear after a couple days and to sell , I dont understand how all that works anyone w some insight id greatly appreciate it.
Inside the Lab , bout to take over the "World"
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Of course it would go up: the prospect that now 2 companies are looking forward to buy CW (one of them at a higher price) makes CW stock a bit more attractive thus pushing people to buy shares, as the amount of shares available go down their price goes up and now whoever owns CW shares is making an extra dollar per share if they decide to sell.
its sprint
fenixjn said:
Of course it would go up: the prospect that now 2 companies are looking forward to buy CW (one of them at a higher price) makes CW stock a bit more attractive thus pushing people to buy shares, as the amount of shares available go down their price goes up and now whoever owns CW shares is making an extra dollar per share if they decide to sell.
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its not clear wire that they want to buy .....dish is trying to buy sprint and verizon wants to lease the clear spectrum . dish offered 25.5 billion for sprint and verizon offered 1.5 billion to lease the spectrum ...vzw is not trying to buy clear that deal is already done with sprint and clear ..
I have no doubt that Dish will win this war - http://www.bloomberg.com/news/2013-...perior-to-softbank-s-investor-omega-says.html
A great read what dish is about & how Ergen has reached this point - http://finance.yahoo.com/news/dish-network-meanest-company-america-194008712.html?page=all
DISH PCS
sling said:
I have no doubt that Dish will win this war - http://www.bloomberg.com/news/2013-...perior-to-softbank-s-investor-omega-says.html
A great read what dish is about & how Ergen has reached this point - http://finance.yahoo.com/news/dish-network-meanest-company-america-194008712.html?page=all
DISH PCS
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I really hope not. Dish IMHO is the bargain basement satellite. Many complaints of non existent customer service. Would be the beginning of the end for Sprint as this approach seems have been tried by Sprint and failed horribly.
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if dish buys sprint, ill walk.
Offering more cash, keeping it in US, "synergy" with TV offerings... all fine and good sounding as statements I've read around the web for "pro" DiSH (I would actually contest the positive aspects of the TV network/wireless network synergy...)
The fact is, Softbank has Many orders of magnitude in assets overall to continue to support and invest in the network. And the motivation to do it, as a well established tech-forward company. ($4 trillion vs $11 billion...)
As where DiSHs motivations in the wireless business are akin to Comcasts in the ISP business. Not to provide you an excellent data service, but to sell you the bundles, the programing, the advertising, where their true money is made. Bad for the consumer.
I for one, welcome our new Eastern overlords.
I am a customer of both Sprint and Dish already. I guess that wouldn't hurt to combine the two. For me anyway... Though this is clearly a response to comcast teaming with Vzw.
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Seems like a win win either way.
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This
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