Tuesday, May 20, 2014
Apple Agrees with Samsung: Patent Disputes to Be Settled Out of Court
There was a
longtime Apple vs. Samsung lawsuit and the two companies have finally decided
to settle this dispute out of court. According to Korean analyst Kim Yoo-chul,
Apple against Samsung patent dispute is to be resolved. These famous tech
manufacturers have reached an agreement that drops the litigation between them.
Some
sources mention that these companies are trying to figure out a way how to
“dismiss all lawsuits.” Some reports say that the iPhone maker and Samsung phone producer are
now in the early stages of negotiation. How will they solve the problems? Some
people say they have discussed some important details on royalty payments but
there are a lot of other things that have to be settled down yet.
The royalty
payments will be used in return for using patents. This will help to reach the
full agreement. As previous conclusion mention, Samsung has infringed on 3
Apple patents. The court wanted this Korean company to pay over $119 million to
Apple. The fruit giant, in its turn, has infringed on 1 Samsung patent and ha
to pay over $158 thousand.
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