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Print 19 comment(s) - last by retrospooty.. on May 20 at 10:18 AM

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. 8,074,172 and 5,946,647). However, the jury also found Apple guilty of infringing on one Samsung patent (U.S. Patent No. 5,579,239) 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.

Source: The Korea Times





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RE: Sweet...
By retrospooty on 5/19/2014 4:32:12 PM , Rating: 2
"Presumably the deal is something like "We, Apple, will forget the past *IF* you, going forward with a new CEO, are willing to stop being so blatant in your copying"

Nope... Sorry, you lost all credibility there. All companies copy the successful ideas of others. Apple is one of the worst, if not the worst. If you cant see that, you simply aren't looking at it realistically.


"We basically took a look at this situation and said, this is bullshit." -- Newegg Chief Legal Officer Lee Cheng's take on patent troll Soverain



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