Apple CEO Tim Cook and Samsung's Vice Chairman Choi Gee-sung and mobile chief Shin Jong-Kyun have once again reportedly failed to come to an agreement on their now long-standing patent dispute during a second round of court-mandated settlement talks.
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California judge Lucy Koh has ruled in favor of a preliminary injunction against the Galaxy Tab 10.1 requested by Apple, which will result in a halt of sales in the U.S. once Apple posts a $2.6 billion bond to cover potential damages Samsung would suffer. "Although Samsung has a right to compete, it does not have a right to compete unfairly, by flooding the market with infringing products," Judge Koh said.
Word has it that Samsung and Apple's mediated settlement talks were not fruitful, and that their patent dispute will be ongoing. This outcome probably seems a little obvious after Apple filed to ban the Galaxy Tab 10.1 from being imported to the U.S. the day the negotiations kicked off.