Apple and Samsung Unsurprisingly Disagree on Value of Each Others Patents

Posted July 24, 2012 at 1:11am by iClarified | Please help us and submit a translation by clicking here | 4126 views

Apple and Samsung disagreed on the value of each others patents at a settlement conference last week, reports Reuters.

Last Monday, ahead of their trial that begins July 30th, Apple CEO Tim Cook participated in mediation with Samsung's Vice Chairman Choi Gee-sung and mobile chief Shin Jong-Kyun to see if they could resolve their differences.

This was at least the second time the two met for mediation. The last time was in May. As expected, they were unable to come to a settlement.

Apple believes those patents should be valued lower due to those dynamics, one of the sources said. Additionally, Samsung believes it has a stronger patent portfolio than Apple when it comes to next-generation technology like 4G, the source said.

Apple denied to comment on the matter.

Read More


Share
Add Comment
Follow iClarified
Avid Announces Free Version of Pro Tools [Video]
Avid has unveiled Pro Tools | First, a free v...
Apple Predicted to Have Sold 73 Million iPhones in Q4 2014 [Chart]
A new research note from KGI Securities analy...
Concept Renders of the Rumored 12-Inch iPad and Stylus [Images]
Martin Hajek has posted new 3D renders of the...
Today Only Get Amazon Prime for Just $72 [Deal]
To celebrate its two wins at the 72nd Golden ...
Windows 10 Technical Preview Now Available [Download]
Microsoft has made available a Windows 10 Tec...