“Apple proposed a reciprocal agreement regarding cross-licensing patents to Samsung in the months before their August patent trial in San Jose, California, according to a court filing. However, the two smartphone rivals failed to agree on terms acceptable to both and talks eventually broke down,” Aabha Rathee reports for Wall St. Cheat Sheet.
“Apple’s intellectual-property licensing director, Boris Teskler, sent the details of the proposed deal to his counterpart at Samsung, Seongwoo Kim, in a three-page letter on April 30, CNET said,” Rathee reports. “Teskler offered to license to Samsung its Universal Mobile Telecommunications System patents on nondiscriminatory FRAND terms and estimated the payment to be 33 cents per device. That was on the condition that Samsung ‘reciprocally [agreed] to this same, common royalty base, and same methodological approach to royalty rate, in licensing its declared-essential patents to Apple.’ The iPhone maker proposed that the rate apply to all Samsung units that it had not otherwise licensed and vice versa… it’s not clear if Samsung responded to the offer.”
Rathee reports, “Apple had also offered a patent licensing deal to Samsung in 2010 at the rate of $30 per smartphone and $40 per tablet. The latest letter was made public after U.S. District Court Judge Lucy Koh rejected the two companies’ request to keep the case documents sealed.”
Read more in the full article here.
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