AfterDawn: Tech news

Apple, Samsung fail to settle patent dispute

Written by Andre Yoskowitz (Google+) @ 22 Feb 2014 21:28 User comments (2)

Apple, Samsung fail to settle patent dispute Apple and Samsung have once again failed to settle on their latest patent spat, with a trial now expected to being on March 31st.
Samsung Mobile boss Shin Jong-Kyun, Apple CEO Tim Cook and other high-level executives attended a full day mediation session at the beginning of February, followed by follow-up calls that led to nothing.

"Notwithstanding these efforts, the mediator's settlement proposal to the parties was unsuccessful," read the companies' report to U.S. District Judge Lucy Koh. That said, the "parties remain willing to work through the mediator jointly selected by the parties."

The world's largest smartphone makers have spent hundreds of millions in litigation fees since 2011 for a number of patent disputes. Apple has been the courtroom winner but it has not stopped Samsung from becoming the top phone maker in the world, with nearly 29 percent market share of the global smartphone market.

Tags: Apple Samsung
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2 user comments

124.2.2014 4:11

Wait, only 29%? I thought that it would be more than that. Oh, well.

Rant:
Apple and Samsung have once again failed to settle on their latest patent spat, with a trial now expected to begin on March 31st.

Corrected.
______________________________________________

The Syntax Socialist

This message has been edited since its posting. Latest edit was made on 24 Feb 2014 @ 4:13

215.3.2014 8:37

It is tough for them to reach at some kind of settlement because now the big companies are finding "patent royalties" as more worthy.When it comes to the smaller industries,even to hold patent rights proves costlier for them.Though one can't deny from the fact that to have business method patents, benefits them as an initiators.


Garrett M Jones

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