Samsung is in trouble unless it gets its hands on some software, and one way it could do this is by buying BlackBerry maker Research In Motion or licensing their software, said Peter Misek, Jefferies managing director and senior tech analyst, on Wednesday.
"Samsung needs to take control of its own destiny in the medium to long term. Frankly, short term, they are killing it," Misek said on CNBC’s “Squawk on the Street.” "It's really a two horse race, them and Apple . But longer term they know they have to get better at software and owning an OS is a critical part of that."
Samsung mobile devices currently run on Google's Android operating system, but there are signs that the Korean electronics developer will eventually be competing against Google.
Google has recently gotten into the hardware business with the launch of its Nexus 7 tablet. The search giant also bought Motorola Mobility earlier this year. Both moves hint the company has no intention of shying away from making its own devices on its Android platform, Misek said.
"What we believe is that Samsung has been relying heavily on Android and they've come to the conclusion that Google is actually going to start competing with them," Misek said. "And I think they are struggling internally that they have to boost their software systems, and part of that is owning an operating system. And their choices are limited."Page 1 of 2 | Next Page