Samsung: Never mind Steve Jobs, let's snap off a piece of stylus biz
Demand for vibrating tool is 'expected to rise' - South Korean firm
Steve Jobs famously said of tablets: "If it comes with a stylus, you're doing it wrong", but Samsung is betting the vibrating tools will go big and has just bought a 5 per cent stake in stylus-making company Wacom.
Wacom has already made pens for Samsung, and the new investment lays the foundations for more and better styluses catering to a growing market, according to a statement given by Samsung to the Wall Street Journal.
It’s a strategic investment for increased cooperation with the pen solution company [Wacom], to come up with a differentiated and upgraded pen as such demand is expected to rise
Wacom worked with Samsung on the S pen - the stylus that accompanies the Samsung Galaxy Note phablet. Samsung also offers optional pens - C Pens - for its latest Galaxy phones.
Wacom is a Japanese company with a turnover of $697m and yearly profit of $52.51m and its computer input devices - including tablets and pens - are largely used in the design profession. The Samsung collaboration offers the company a mainstream break. ®
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