Sunday, December 21, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Introduces SE790C Curved Monitor
Chinese Motion-sensing VR Glasses Coming On Kickstarter
Kodak Returns To CES With Consumer Product Line
North Korea Suggests Joint Inverstigation With U.S. Over Sony Hacking
T-Mobile to Pay $90 Million To Settle Case With FCC
New Trojan Targetted Banks Wordlwide
FBI Confirms North Korea Was Behind Sony Hack
Apple Responds To BBC's Allegations Over Working Conditions In Chinese Factory
Active Discussions
Digital Audio Extraction and Plextools
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
 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 Introduces SE790C Curved Monitor
LG, Samsung, To Dominate The TV Market in 2015
Tech Giants Support Microsoft In Data Fight With U.S.
Samsung Started Production of Apple A9 SoC in 14nm FinFET
Samsung Announces Annual Reorganization for 2015
Samsung Releases New 3-bit V-NAND 850 EVO SSD
Possible Samsung Galaxy S6 Specs Leak
Cortana Arrives in France, Italy, Germany, and Spain
Samsung Seeks to Toss $930 Million Award
Microsoft Creates Tools That Unlock the Power of Living Cells
Samsung To Sell Fiberoptics Business to Corning
Microsoft Acquires Mobile Email App Provider Acompli

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .