Samsung and Apple Hold Settlement Talks. SPOILER: It’s not going well.
The saga between Samsung and Apple looks like it may be coming to a close. Kim Yoo-chul of the Korean Times claims that settlement talks are currently under way with an anonymous source stating that the behemoths just need to iron out the fine print. Sources close to the situation have also told Kim that the two are looking to stay out of the courts and dismiss all pending cases.
Samsung and Apple have been entwined in numerous court cases bringing their commercial and corporate rivalry into the courtrooms since 2010 with both sides accusing each other of patent infringements. Both sides have won and lost various cases in various territories over the years but the biggest win was taken by Apple when the courts in the U.S. ruled that Samsung infringed a number of its patents and awarded it US$1.09 billion in damages. More recently, both sides were made to pay damages to each other for infringing on patents amounting to US$120 million in damages to Apple and US$160,000 to Samsung.
The most recent update released sometime yesterday, however, doesn’t hold very much good news. It seems that negotiations between the attorneys is quite heated and breaking down with Apple’s attorneys calling Samsung’s “jihadist” and referring to the long saga of court cases as “Apple’s Vietnam”. Samsung’s attorneys, on the other hand, Samsung’s attorneys have been quoted saying that Apple’s attorneys are “posturing about Apple’s purported trial victories and demanding that Samsung agree to various conditions”.
With all these words and trivialities being tossed into the public space, one really has to wonder whether the two corporate giants really want to settle the issue or are we going to be seeing the in court once again fighting each other instead of trying to gain footing in the consumer market the conventional way with public approval.
FOSS Patent‘s Florian Mueller, however, remains optimistic of the negotiations between a saying that an agreement is expected to be reached by the end of the summer. He also states:
“Apple doesn’t have an endgame strategy…Its agreement with Google shows that its management is looking for a face-saving exit strategy from Steve Jobs’ thermonuclear ambitions that were based on a totally unrealistic assessment of the strength of Apple’s patent portfolio.”