SEOUL Aug 9 South Korea's Samsung Electronics
Co (005930.KS) said on Thursday it has not considered acquiring
Research In Motion RIM.TO RIMM.O or licensing the embattled
BlackBerry phone maker's new mobile operating system.
A lack of support from potential partners such as Samsung
could mean more trouble for RIM, which is seeking various
options to turn around its embattled business.
Shares of RIM had risen more than 5 percent early on
Wednesday after an influential analyst said it may license the
BlackBerry 10 system to Samsung. [ID:nL2E8J85T9]
"RIM has already lost its initiative in the smartphone
market and what is left doesn't look really attractive to the
likes of Samsung," said Lee Sei-cheol, an analyst at Meritz
Securities. "Should they have a deep patent pool, that might be
the most appealing asset to potential acquirers."
Samsung, the world's largest smartphone maker, is the
biggest seller of phones that run on Google Inc's (GOOG.O)
Android system, but it also makes phones using Microsoft's
(MSFT.O) Windows as well as its proprietary software called
Its strategy of making phones with multiple platforms had
raised speculation it may also license BlackBerry's system to
stretch its lead over rivals such as Apple (AAPL.O) and
diversify away from Google, which now owns a handset
manufacturing business after acquiring Motorola Mobility.
RIM plans to use its new operating system, known as BB10, in
a next-generation line of BlackBerrys expected to launch early
next year. It is considered RIM's last hope of reversing
BlackBerry's steady decline in market share.
RIM's shares have fallen more than 80 percent since the
beginning of 2011 when Apple and other smartphone makers started
to widen their lead on RIM, which once dominated the business.
Shares in Samsung closed up 1.5 percent on Thursday, versus
a 2 percent rise in the broader market .KS11.
(Reporting by Miyoung Kim; Editing by Matt Driskill)
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Keywords: SAMSUNG RIM/LICENCE
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