Samsung is entering the business of mobile advertising and create a competitor for Apple’s iAd. The South Korean tech giant is working with OpenX Technologies on a project that would let advertisers place ads on its mobile devices.
According to online reports, app developers would now receive 70% revenue generated by iAds in their application. Previously they received 60% revenue. Now it is a 10% increase from their previous arrangement.
The new version of iAd has been released by Apple. That’s right! You can use iAd Producer 2.0 for mobile advertising.