updated 07:45 am EST, Mon October 31, 2005
Samsung iTunes service
Samsung is preparing to launch an online music service that will compete with iTunes. Telecoms Korea reports that the manufacturing giant will create a music service to help sell MP3 players and compete with the iPod, which could represent a major threat to Apple's dominance: "As Apple achieved a big success in global MP3 player market with I-Tunes service, Samsung wants to rollout a similar strategy. For that matter, Samsung has allegedly cooperated with several partners at home and abroad to develop a rivaling service platform to I-Tunes and plans to launch the service sooner rather than later. If Samsung launches its version of I-Tunes service, it is expected to be a major threat to Apple." The rumored service follows Apple's recent with Samsung and possible investigation of both Apple and Samsung by the Korean government for possible antitrust violations.