Report: Samsung and Apple in talks to settle their patent disputes

Can two of the biggest tech companies in the world finally agree on something? Samsung and Apple have been at each other's throats in court over the past two years over patent disputes, but a new report claims that the two businesses are now in talks that could conclude with an actual settlement of all their cases.

The Korea Times, via an unnamed source at the country's Fair Trade Commission, claims that Samsung and Apple have "recently resumed working-level discussions toward the signing of a potential deal." Regulators in the U.S. and Europe have also been in the loop with these discussions, according to the source.

The two companies have been in and out of court in a number of countries around the world since early 2011. In August 2012, a US jury ruled that Samsung was in violation of Apple's patents and ordered the Korean company to pay Apple $1.05 billion. US District Court Judge Lucy Koh later ordered a new trial after cutting about $450 million from that judgement, due to a " ... impermissible legal theory on which the jury based its award ...". The retrial in November 2013 did not go Samsung's way either and the company was ordered to pay Apple a total of $888 million.

Today's report claims that Samsung would like to sign a “cross-licensing” deal that would give it access to all of Apple's design patents, along with some of its standard-essential and commercial patents. On the other hand, the Korea Times says Apple would prefer to get over $30 for each Samsung device covered by the patent deal. In 2014, a new court battle is scheduled to commence between the two companies over their latest devices like the Samsung Galaxy S3 and the iPhone 5.

Source: Korea Times via CNet | Image via Forbes

Report a problem with article
Previous Story

AdDuplex: Nokia Lumia 520 continues to dominate Windows Phone handset market

Next Story

Google's Eric Schmidt on 2014: 'Big data' will be everywhere

14 Comments

Commenting is disabled on this article.

Can you imagine having to listen to apple and google lawyers for months on end drone on about how the other stole this or that. I think I would rip my own ears off.

depends, if you're one of the lawyers for either side, all you'd hear is ca-ching and see dollar signs. if you were the judge, yes, i'd rip my ears off

Xenon said,
Can you imagine having to listen to apple and google lawyers for months on end drone on about how the other stole this or that. I think I would rip my own ears off.

Google lawyers? You mean Samsung lawyers.

Yeah, I don't see Google trolling, they didn't go for that Rockstar BS.

Probably sounds like kids fighting over a toy though.

Mr.XXIV said,
I brought you an Apple cause I didn't wanna Cook anything.

I bought you a Ballmer jacket that you can wear while you're talking Schmidt.

Enron said,

I bought you a Ballmer jacket that you can wear while you're talking Schmidt.

I bought you an Xbox so you can listen to Soulja Boy Tellem