Apple, Samsung fail to settle patent dispute

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.

Written by: Andre Yoskowitz @ 22 Feb 2014 21:28
Tags
Samsung Apple
Advertisement - News comments available below the ad
  • 2 comments
  • DDR4life

    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

    24.2.2014 04:11 #1

  • GarrettJones

    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

    15.3.2014 08:37 #2

© 2024 AfterDawn Oy

Hosted by
Powered by UpCloud