Samsung COO Met With Tim Cook to Discuss 'Even Better Parts' for 2013-2014

Samsung COO Lee Jae-Yong met with Apple CEO Tim Cook following the Steve Jobs memorial on Monday to discuss supplying the company with 'even better parts' for 2013 and 2014, reports the Korea Herald.

Upon arriving at a Seoul airport, Lee, the only son of Samsung Electronics Chairman Lee Kun-hee and heir apparent to South Korea's largest family-owned business group, told reporters his company will continue to sell parts to Apple until 2012.

"For the 2013-2014 period, we discussed how best to supply even better parts," he said. Lee Kun-hee also noted that during the meeting, which lasted over two hours, they discussed past challenges and how to promote good relations in the future. He declined to say whether they made any progress towards a reconciliation in the legal battle between the two companies.


"My visit was to attend the memorial service," he said, and added that in the business world there will always be intense competition. "There is a need to compete in a fair manner for the benefit of the consumer, and this stance existed in the past, is taking place now and will occur in the future," he said.

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