Thursday, July 28, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Home Appliance and Home Entertainment Units Help LG's Quarterly Profits
Facebook Reports Sharp Ad Sales Growth
Samsung Second Quarter Results Boosted By Component Sales
Microsoft Adds Artificial Intelligence Elements To New Smart Camera App
Xiaomi Announces Redmi Pro OLED Smartphone And Mi Notebook Air Laptop
Future Apple Stylus Could Operate as a Joystick
Twitter's Video Advertising Expansion Remains Slow
LG Display Invests KRW 1.99 Trillion in Flexible OLED Display Production
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Mobiles > Samsung...
Last 7 Days News : SU MO TU WE TH FR SA All News

Sunday, December 29, 2013
Samsung, Apple To Narrow Down Legal Differences Over Royalty Payments: report


Samsung Electronics has reportedly recently resumed negotiations with Apple to resolve disputes over patent-infringement claims.

An unnamed official at the Fair Trade Commission (FTC)source told the The Korea Times that the companies had resumed "working-level discussions toward the signing of a potential deal," adding that they were "in the process of narrowing differences over royalty payments."

The report adds that the FTC had teamed up with anti-trust regulators in Europe and the United States to discuss the matter.

The companies earlier agreed to submit a settlement proposal before Jan. 8 to U.S. federal judge Lucy H. Koh, who has been presiding over the patents case since April 2011.

Last year, then Samsung Electronics CEO Choi Gee-sung met with Apple CEO Tim Cook in San Francisco but they failed to reach an agreement because Samsung would not accept Apple's demand for royalties.

A Samsung source said Shin Jong-kyun, Samsung Mobile's head, may fly to the U.S. for another round of top-level talks with the Apple CEO sometime early next year.

But it seems that Samsung and Apple are still poles apart over the patent values that each has.

Samsung is said to prefer to sign a comprehensive cross-licensing deal, while Apple is asking Samsung to pay over $30 per device for Samsung's patent violations.

Since April 2011, the two companies have been involved in legal tussles over 30 different cases in nine different countries.

JJudge Koh nearly halved Samsung's payment to Apple, to $600 million from a $1.05 billion, which was slapped on Samsung in a California verdict. The U.S. court ordered Samsung to pay an additional $290 million, raising Samsung?s payment to a total of $890 million.

The Samsung-Apple patent infringement case will resume in March with flagship products by each, such as the Galaxy S3 and iPhone5, the subjects of debate.




Previous
Next
LG Set To Shrink Its PC business        All News        Sony Won't Sell Its Battery Business: report
Samsung, SK hynix Develop LPDDR4 Chips     Mobiles News      LG 'Knock' To Come As Standard feature In L Series II Smartphones

Get RSS feed Easy Print E-Mail this Message

Related News
Samsung Second Quarter Results Boosted By Component Sales
Future Apple Stylus Could Operate as a Joystick
Samsung To Release HDR+ Firmware Update for 2016 SUHD TVs
Apple To Invest In AI And AR As iPhone Sales Keep Declining
Samsung Wireless Charging Pads Support Charging Of Multiple Devices At once
Samsung Sues Huawei
Smartwatch Shipments Fall Significantly In the Second Quarter
Samsung Galaxy Note 7 Said Have Mainly Software Than Hardware Changes
Samsung Launches Powerful Notebook 7 spin
Samsung Patents Desribe Foldable Phones
Samsung Galaxy Outsells Apple's iPhone
Samsung SERIF TV Now Available In The U.S.

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .