Apple, Samsung chiefs disagree on patent values, says source

“Apple Inc Chief Executive Tim Cook and top Samsung Electronic Co Ltd executives disagreed last week on the value of each other’s patents at a settlement conference ahead of a high profile U.S. trial, according to a source familiar with the matter,” Dan Levine and Poornima Gupta report for Reuters.

“The trial is scheduled to begin July 30 in a San Jose, Calif. federal court. Cook participated in mediation with Samsung’s Vice Chairman Choi Gee-sung and mobile chief Shin Jong-Kyun last Monday in the San Francisco area to see if the two sides could resolve the dispute, several separate sources said,” Levine and Gupta report. “The executives from Apple and Samsung participated as part of the court directed mediation process, these sources said. While a settlement is always possible, it is unlikely to come ahead of the California trial, they said.”

Levine and Gupta report, “Among the major issues in dispute between Apple and Samsung is how to value so-called standard essential patents. These are patents which Samsung agreed to license to competitors on fair and reasonable terms, in exchange for having the technology be adopted as an industry standard. Some judges are reluctant to issue injunctions over such patents… The mediation last week was at least the second between top executives. A previous session in May did not produce any settlements.”

Read more in the full article here.

MacDailyNews Take: And water is wet.

2 Comments

  1. So what now??

    The fucking judges (Posner and that Aussie Cow) don’t want to do any work because it hurts their brain. What’s a company to do when billions of its market is stolen by copying so blatantly obvious.

    Why are patents being granted if they cannot be upheld in a court by these boneheaded lazy judges? How does one get justice if they simply brush it off as “ridiculous” or some other characterization?

    Seems to me that the law IS an Ass the world over.

  2. Samsung are not eligible to stand at the same stage with Apple! Samsung is a shameless theft! They copy Apple’s stuff, fool around with it, and call it their own.

    Samsung keep pushing out their delusion product to fake the market!

    Samsung stop copying someone’s else homework! Do it yourself!

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