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 5:33:06 PM , Rating: 2
"Probably because I just read the post where you reamed me and called me a wacko. But moving on.."

Awe, come on... No offense meant... I even prefaced it with "you and I are cool. I like and respect you, and agree with most of what you believe (especially in business/financial/free market conversations)" and I never said "wacko"... But you have to admit, you are pretty far right wing extreme. Like I said, I am in the middle, a registered independent and former libertarian... And you get PO'd at me all the time for being way too left. Dood, the only things I am left on at all are gay marriage, abortion, (which I see as civil rights issues) and the misguided notion that we should send 10+ million farm workers back to Mexico and cripple our entire agricultural sector. That and the entire narrow minded fear of brown people that the right seems to have... Other than those few things, I lean mostly right on everything else and STILL I am a lefty to you.

"I'm an Internet expert too. It's all right to wire the industrial zone only, but there are many problems if other regions of the North are wired." -- North Korean Supreme Commander Kim Jong-il

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