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MICROSOFT is a big loser, but a dangerous loser nonetheless. Microsoft is above the law in many countries and it knows it. So, inevitably, Microsoft acts like it always has and it resorts to criminal activities in an attempt to destroy the competition. It's just the same old Microsoft, acting like a spoiled brat and a bully.
Korean Industry Demanding Measures against Patent Offensives by Nokia, Microsoft
The local electronics industry is demanding stricter conditions for the approval of Microsoft's purchase of Nokia by the Korea Fair Trade Commission (FTC). The demand is attributable to the fact that those conditions will inevitably have a huge influence on the industry.
Business Korea has just published a very provocative piece that depicts a monstrous troll attacking its home country’s pride and joy, Samsung. That troll, you’ll be surprised to learn, is Nokia.
The reason for this is easy to understand: Samsung may be forced to pay one of the history’s biggest patent royalty sums to Nokia, and fellow Korean electronics titan LG is not scot free, either.
What unleashed the beast in the Finnish company was its decision to sell its handset division to Microsoft a while back. As long as Nokia was a phone company, it was bound by a web of cross-licensing deals limiting how much it can charge for its thousands of handset-related patents. Nokia needed to use both essential and non-essential patents held by Samsung, Apple, Motorola and other industry giants, which put a rather severe cap on how much it could charge other phone vendors.
Reading companies' annual reports to the Securities and Exchange Commission is a reliable cure for insomnia. Every so often, though, there is a significant revelation in the paperwork. This year, one of the most important revelations came from Microsoft's filings, which spotlighted how the tax code allows corporations to enjoy the benefits of American citizenship yet avoid paying U.S. taxes.
According to the SEC documents, the company is sitting on almost $29.6 billion it would owe in U.S. taxes if it repatriated the $92.9 billion of earnings it is keeping offshore. That amount of money represents a significant spike from prior years.