“Samsung Electronics Co. does not intend to hold talks with Apple Inc. to reach an agreement on their ongoing patent tussle, its mobile business chief said Wednesday, raising views the company will rely on legal means rather than settling the issue out of court,” Yonhap News reports.
“‘It may be true that HTC may have agreed to pay 300 billion won (US$276 million) to Apple, but we don’t intend to (negotiate) at all,’ Shin Jong-kyun, who heads the South Korean tech giant’s mobile and IT division, told reporters,” Yonhap reports. “While the terms of the settlement were undisclosed, market watchers speculate HTC will pay between $6 to $8 per phone, which would amount to $180 million to $280 million a year.”
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MacDailyNews Take: Trying to save face when it’s beyond saving is pitiful, Samsung.
Apple’s products came first, then Samsung’s:
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