Manage updates with the Download App
Samsung increases spending on U.S. lobbyists to $900K
As Samsung products continue to be used by U.S. consumers at a growing rate, the company faces more competition from U.S. tech companies and a higher potential for legal battles. This means that the South Korean company must work to win the trust of U.S. lawmakers.
Apparently, Samsung has worked pretty hard at this over the last year. According to Bloomberg, the company spent a record amount of money on Washington, D.C. lobbyists.
In 2012, Samsung spent $900,000 on lobbyists, according to Bloomberg -- this is up from the $150,000 it spent in 2011. … Read more
