Samsung's sense of crisis was further heightened earlier this year by its devastating loss to Apple in court. A jury found that several Samsung products copied Apple devices in their design and ordered the Korean company to pay over $1 billion in compensation. Mobile chief JK Shin had previously told his staff that the company was suffering a "crisis of design" while attempting to overthrow Nokia, and Samsung thereby turned its attention towards Apple with the development of the first Galaxy S. Unfortunately, this application of Lee's crisis culture thinking led the company down the path that was eventually closed off by Judge Lucy Koh in emphatic fashion. The issue speaks to Samsung's culture at large; despite huge financial success and a recognisable style starting to become apparent in devices such as the Galaxy S III, the company is yet to create a truly breakthrough, iconic product in the vein of the iPhone or Walkman. That will need to be rectified if the Samsung brand is ever to stand for real innovation, and despite Lee's substantial reforms of the company's hierarchical structure and top-down thinking, they may not have gone far enough.
True to chaebol form, the 70-year-old Lee's only son is already being groomed as the next chairman. Lee Jae-yong is currently president and COO of Samsung Electronics, and at 44 could represent a newer, more modern outlook for the company. He was behind the company's successful expansion into application processors and OLED displays, and reportedly has a strong interest in product design. But, with his father maintaining a strict hold on events across the company, there are doubts over his experience and leadership credentials. The appointment of a new chairman based on family