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Samsung wants to buy some phone companies

The Korean mobile giant is looking to acquire other phone companies to help its fight with Apple.

Samsung may have overtaken Nokia as the biggest shipper of phones in the world, but it's not resting there. Speaking at the launch of the Galaxy S3 -- the company's latest flagship -- Samsung's president of mobile business said he was looking at taking over other mobile makers for research and development.

But no, he didn't mean RIM, before you ask.

JK Shin told The Wall Street Journal that acquisition was necessary, given the pace of change in mobile gadgetry. He said: "The technology industry is growing very quickly and it is too much of a burden to try to do everything in-house. There are many qualified workers from India that are very skilled in software. And there are small companies that we can acquire that have good research and development capabilities."

Shin told reporters Samsung was in talks with companies right now. "If the opportunity allows, we will do M&As (mergers and acquisitions). There is something in the works right now." While he wouldn't be drawn on who Sammy was chatting up, he denied rumours it would take over RIM. Instead, it's sticking with Android, as well as developing its own software extras on top.

The Galaxy S3 has some cool features to help it stand out from the crowd of identikit Android devices. It knows when you're looking at it, so the screen stays on until you look away, for example. Started writing a text but decide you want to call that person instead? It'll automatically dial the number of who you were texting when you raise the phone to your ear.

These functions sound great in theory but we'll have to wait for a full review to see how they work in reality.

Who do you think Samsung is eyeing up? And what do you make of the Galaxy S3? Is it better than the iPhone? Let me know in the comments or on our Facebook page.