“Executives ‘at the highest levels’ of Apple Corp [sic] and Samsung Electronics Co Ltd are in talks about patent litigation between the two companies, a lawyer for Apple said in court,” Dan Levine reports for Reuters.
“The disclosure came during a hearing on Friday in the battle over the highly lucrative smartphone and tablet markets, jump-started by Apple’s iPhone and iPad,” Levine reports. “Apple sued Samsung in April, claiming Samsung’s Galaxy line of smartphones and tablets infringe several patents and trademarks. Samsung then countersued, asserting its own patents against Apple.”
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Levine reports, “Apple was Samsung’s second-biggest customer last year after Sony, accounting for about $5.7 billion of sales to Samsung mainly by purchasing semiconductors, according to Samsung’s annual report.”
Read more in the full article here.
MacDailyNews Take: Imagine being a fly on the wall:
Apple: Stop copying our products.
Samsung: But, we can’t sell as many if we don’t make them look like iPhones and iPads.Apple: Stop copying our products.
Samsung: Yeah, uh.. Hey, have you seen these iPad-sized retina display samples?Apple: Stop copying our products.
Samsung: They’re really cool, lots and lots of pixels…Apple: Stop copying our products.
[Thanks to MacDailyNews Readers “Fred Mertz” and “Lynn Weiler” for the heads up.]
Should work out well for Apple Shareholders and Apple ….
Doesn’t LG make the retina display?
Exactly; Samsung does not have technical ability to make 326 dpi displays, nor it has IPS license from Hitachi Display to produce anything that would fit into iPad 1/2/iPhone 4/5.
Those Apple execs better not be P***YS with the Samdung minions. It’s time to start muscling up Apple and put these guys in their right places.
Agreed. Nail their balls to the f-in’ wall!!!
LOL! +1
The Judge is encouraging these two giants to “get along”. Perhaps she believes it’s the only way she’ll get an iPad with a Retina Display. 😉
I hope Apple gives intel some of it’s A5 foundry business and keep some of that 5.7 billion here in the USA. We really need that money
This story definitely qualifies as a “duh!” moment. Do legal settlements just magically appear?
This is a potential war with two powerful players that have been reliant on one another.
You DO know what happens to flies on walls… right?
*WHACK!*
i hope apple negotiates a better price for components
An all around great piece..