Samsung, Apple rumored to be in settlement talks
In what may be the first step on a long road towards a truce between Apple and Samsung, reports out of Korea suggest that the two warring mobile giants have agreed to begin talks to settle their patent disputes out of court. Sources "directly involved with the matter," talking to The Korea Times, said "Samsung has recently resumed working-level discussions with Apple and the key issue is how to dismiss all lawsuits."
"Some more time will be needed to fix terms of details such as royalty payments in return for using patents owned by each before reaching a full agreement," the quoted source continues. "Some more time will be needed to fix terms of details such as royalty payments in return for using patents owned by each before reaching a full agreement."
The latest verdict in the firms' ongoing legal battle, which awarded $120 million to Apple, but also found the Cupertino company guilty of infringing some Samsung patents, apparently nudged the two closer to the negotiating table. Earlier this year Judge Lucy Koh ordered the companies' CEOs to meet and try to come to a truce, however no agreement was reached. With the two now possibly entering talks of their own accord, there's a chance these discussions may be more fruitful.
The news of possible settlement talks comes days after Motorola Mobility and Apple agreed to end their patent disputes.
Source: The Korea Times