There are many industries where companies are beginning to focus their activities on acquiring and protecting their company's intellectual property. Strategically, many companies are realizing that intellectual property is one of the most important elements that differentiate them as an individual organization. The essay discusses the logic behind the emphasis on intellectual property and assesses its current impact on the industry and the companies participating in it. The trial will focus on the mobile phone market, where many companies have market-leading brands. This industry is interesting to evaluate because it is changing very quickly and many well-known companies are getting into patent wars. Recently, market competition has become so fierce that many companies are entering into acquisitions with competitors to increase their market dominance. The key findings of this essay are expected to reveal the impacts on business and the industry now that companies are focusing their strategic activities on the acquisition and protection of intellectual property.BackgroundSince the introduction of the smartphone, the technology industry mobile telephony has taken off with many companies. try to succeed in the battle to have the best quality phone. In the third quarter of 2013, smartphones accounted for 55% of overall mobile phone sales, with global smartphone sales up 50%. (Johnson, 2013) However, before the creation of palm-sized smartphones, there were a large number of different versions of mobile phones, dating back to 1938 with the SCR-194 and 195. This was the first portable AM ​​radio produced by the company. The US Army Signal Corps Engineering Laboratories, considered the first "walkie-talkie". (Meyers, 2011) Technology...... middle of paper...... looks pretty bleak with increasing competition and declining growth. Once cheaper phones are manufactured, prices will drop and penetration will increase, reducing manufacturer margins as consumers will continue to demand high-quality devices. Overall, the activities of companies that undertake acquisitions and the protection of their intellectual property will not prevent the industry from declining unless these companies manage to innovate something exceptionally good and completely new. On the face of it, the mobile phone industry is doomed to collapse, as many of these companies are already plowing billions of their revenue back into R&D, but failing to do so. The only way forward for these companies is to find a new strategy or prepare for a drop in sales, which will impact the industry due to many companies leaving as there is no longer any profit to be made. realize..