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Could this be the end of the U.S. patent war? It's a start

Apple and Samsung have been fighting with each other over mobile patents for years now, but the two have agreed to play nice and attend a mediation session next month. 

According to a new report from Reuters, Apple and Samsung have agreed to meet regarding settlement opportunities on or before February 19 for U.S. patents. 

Samsung CEO Oh-Hyun Kwon and Apple CEO Tim Cook are expected to attend along with in-house lawyers. The case is Apple Inc v. Samsung Electronics Co Ltd, U.S. District Court, Northern District of California, 11-1846. 

The two tech giants have been warring over patents with one another for over two years now. It largely began in April 2011, when Apple called Samsung an iPhone and iPad copycat. From there, lawsuits have been flung back and forth all over the world. 


Apple and Samsung: Bros at last? [SOURCE: Ubergizmo]

In August 2012, a California jury decided that Samsung infringed on several Apple patents and should have to pay $1.05 billion in damages. However, Judge Lucy Koh -- a United States District Judge for the Northern District of California -- said that sum may not have been calculated correctly. 

Koh later vacated $450 million of that award, and left Samsung with the remaining $600 million to pay. 

A more recent trial aimed to decide if Samsung should pay more or less of that $450 million that was vacated. Judge Koh called a meeting Wednesday to help the jury learn how to properly calculate the final sum. The jury then decided that Samsung should pay $290 million, and the South Korean electronics maker now owes Apple about $890 million total.

Apple and Samsung have engaged in many patent battles around the globe, though, since 2011. Hopefully this mediation session will help, as it comes right before another smartphone patents court date expected in March. 

Source: Reuters





"Spreading the rumors, it's very easy because the people who write about Apple want that story, and you can claim its credible because you spoke to someone at Apple." -- Investment guru Jim Cramer



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