Saturday, May 28, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Nvidia's GeForce GTX 1080 Launches Wordlwide
Corsair Bulldog PC Is Seeking A Place In Your Living Room
Samsung Galaxy C5 and C7 Released In China
SSD Adoption in Notebooks To Increase This Year As TLC NAND Market Matures
Samsung To Launch SamsungPay Mini Online Payments App
Facebook Publishers To Show Ads To Everyone
Samsung and Warner Bros. Release The Samsung Galaxy S7 edge Injustice Edition
Acer At Computex 2016
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 > Microso...
Last 7 Days News : SU MO TU WE TH FR SA All News

Saturday, August 02, 2014
Microsoft Sues Samsung Over Royalty Payments


Microsoft said Friday it is suing Samsung in order to enforce a contract related to Android patents with the Korean company.

Microsoft Microsoft filed the legal action against Samsung in U.S. District Court, Southern District of New York.

The two companies came to a deal in September 2011 to cross-license each other's patent portfolios. Samsung wound up paying Microsoft royalties on a series of patents.

However, Microsoft says that Samsung decided late last year to stop complying with their agreement with Microsoft. In September 2013, after Microsoft announced it was acquiring the Nokia Devices and Services business, Samsung began using the acquisition as an excuse to breach its contract, according to Microsoft.

After initially refusing to pay royalties in the second year of the deal, Samsung made a late payment in November but did not add on interest, according to a redacted copy of the complaint filed in federal court in New York and provided by Microsoft.

The complaint also alleged that Samsung has asked South Korean competition authorities to change the contract to reduce or eliminate its payments to Microsoft.

"Microsoft values and respects our partnership with Samsung and expects it to continue. We are simply asking the Court to settle our disagreement, and we are confident the contract will be enforced," said Microsoft corporate vice president and deputy general counsel David Howard.

Analyst Rick Sherlund of Nomura Securities has estimated royalties on its Android patents bring Microsoft nearly $2 billion a year.

Samsung said in a statement that the company would review the complaint in detail and determine appropriate measures in response.



Previous
Next
Passwords Of Mozilla's Developers Exposed        All News        French Carrier Iliad To Bid For T-Mobile
Xiaomi Becomes China’s Top Smart Phone Vendor     Mobiles News      French Carrier Iliad To Bid For T-Mobile

Get RSS feed Easy Print E-Mail this Message

Related News
Samsung Galaxy C5 and C7 Released In China
Samsung To Launch SamsungPay Mini Online Payments App
Samsung and Warner Bros. Release The Samsung Galaxy S7 edge Injustice Edition
Microsoft and Facebook To Link America With Europe Through 6,600 km Long Cable
Samsung Introduces Galaxy Tab Iris Equipped with Iris Recognition Technology
Microsoft Streamlines its Smartphone Business, Axes Hundrends Of Jobs
Huawei Sues Samsung Over Mobile Patents
Samsung Expands 750 EVO SSD With Availability and Increases Capacity to 500GB
Samsung, LG to Unveil Their Display Technologies at SID 2016
Microsoft To Accelerate Delivery of Affordable Internet Access
LINE FRIENDS Accessories Come to Samsung Galaxy S7 and S7 edge
Samsung Ties Up with Alibaba In Mobile Payments: report

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 .