Tuesday, May 24, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung, LG to Unveil Their Display Technologies at SID 2016
Sony Sees Flat Annual Growth Due To Recent Quake Damages
Microsoft To Accelerate Delivery of Affordable Internet Access
Facebook Changes Policies On 'Trending Topics'
Kingston Starts Shipping New New UV400 SSD
AMD Notebook Market Share Increased From Last Quarter, Nvidia Overall Share Increased From Last Year
MSI To Showcase VR-ready Laptop, Gaming Desktops And More At Computex
GLOBALFOUNDRIES Releases 130nm SiGe RF Technology For Wireless Network Communications
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, LG to Unveil Their Display Technologies at SID 2016
Apple Supplier Talks About All-glass iPhone
LINE FRIENDS Accessories Come to Samsung Galaxy S7 and S7 edge
Samsung Ties Up with Alibaba In Mobile Payments: report
Apple Celebrates Chinese Music with GarageBand Update
Samsung And LG Electronics To Offer Accerss To More Games Though Their Smart TVs
Apple Invests $1 billion in Chinese Ride-hailing Service
Samsung Gear Fit 2 And Gear Icon X Earbuds Coming Next Month
Samsung To Develop Chips For Self-driving Cars: report
Apple and SAP to Develop Business Apps For iPhone And iPad
Apple Loses China Trademark For 'iPhone' On Leather Goods
Samsung Develops 3rd Generation 14-Nano FinFET Low-power Process

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 .