Apple, Samsung Once Again Reportedly in Talks to Settle All Patent Litigation
May 19, 2014 10:32 AM
comment(s) - last by
We've heard this before, but recent developments could speed the process
We just heard over the weekend that Apple and Google have
settled their outstanding legal battles
that began way back in 2010. Now comes word from
The Korea Times
that Apple and Samsung are inching closer to settling their patent litigation that spans courtrooms in numerous countries around the world.
"Samsung has recently resumed working-level discussions with Apple and the key issue is how to dismiss all lawsuits,” said unnamed sources familiar with the bilateral talks.
"Today I settled all family business."
The sources add that royalty payments for the patents in question would be the likely remedy for both companies “before reaching a full agreement.”
The most recent court ruling in United States
handed Apple a minor victory
, with Samsung being ordered to pay $119.6M in damages for infringing on two patents (U.S. Patent Nos.
). However, the jury also found Apple guilty of infringing on one Samsung patent (U.S. Patent No.
) and awarded damages of $158,400.
The truce between Apple and Google give us some hope that this all out patent war in the smartphone realm could soon be over. However, all
previous settlement negotiations between Apple and Samsung have failed in the past
, so we’re not holding our breath on this report either.
The Korea Times
This article is over a month old, voting and posting comments is disabled
5/19/2014 12:24:31 PM
The problem is, even with a settlement and licensing deal, the bogus patents are still around and (until tested in court) still have teeth. The biggest loser is thus the little guy trying to start a new competing cell phone manufacturing company. The bigger companies with patent portfolios can wield them to lock promising young upstarts out of the market.
The ultimate solution is still patent reform to make it a lot less costly to overturn ridiculous patents. The matter of judging patent validity should be agnostic to whether one of the parties is a multi-billion dollar megacorporation, or a small business being run out of someone's garage. If an invalid patent was granted, that's the fault of the government, and it's the government which should be paying for the cost of overturning it.
"People Don't Respect Confidentiality in This Industry" -- Sony Computer Entertainment of America President and CEO Jack Tretton
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