Microsoft announced on its blog earlier this month that it had filed a case against the South Korean tech giant, Samsung. It seems that the company had violated a contract signed back in 2011 regarding patent-licensing.
The company alleged that Samsung failed to make royalty payments promptly and on time. Microsoft also claims that Samsung refuses to pay interest on late payment since September 2013. However, it seems that the companies are looking to bury the hatchet as reported the Korea Times.
Both tech typhoons are not keen on taking it to court because they want to continue having a good long term partnership with each other. It would benefit both of them in the long run if this turns out to be true. Samsung would gain if Microsoft continues to be a reliable client in its cloud computing and Internet of Things. Microsoft on the other hand, could use Samsung to market its Windows Phone.
Settlement discussions may come to a close soon as the main argument was the renewal of terms regarding royalty payments. It seems like a simple enough issue as the South Korean company wants to sign a “comprehensive cross-licensing deal” with Redmond.
Both parties refuse to comment on the issue.