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The situation is not yet desperate, as Samsung and Apple resume patent talks, officials say

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Electronics giant Samsung and its archrival, Apple, have reportedly resumed patent talks, in an effort to put an end to what can be best described as a legal war, one that has been raging across the world for almost two years now. According to a Fair Trade Commission official, however, the dominant duo is in the process of working through their differences in order to reach a more amicable solution:


This comes after 17-hour marathon talks between the two failed last year, as Samsung refused to settle for what is reported to be a $30 overhead in licensing fees, demanded by Cupertino, for every smartphone the South Korean company produces. Regardless, Sammy's mobile division head, Shin Jong-kyun, is said to be considering another round of talks in early 2014. We're told that Samsung is working hard to reach a settlement that will see Apple agree to cross-license some of its design and standards-essential IP portfolio.

The two companies have been in a stage of legal war since April 2011, with no clear 'winner' so far, though Apple did manage a sweet win, twice. The number of unsettled cases has actually been brought down by as much as 25% of the original number, though it's still far from over. In fact, a second major clash is expected in March, with high-profile devices, such as the Galaxy S3 and the iPhone 5, about to take some rival beating.

source: The Korea Times via SamMobile

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