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A single snowflake may have fallen in Hell today. This after news that Samsung and Apple have been reportedly engaged in settlement talks involving their 2011 court case that (initially) ended with Apple laying claim to a $1 billion victory. We know from previous posts about this that when it came to settlement talks, there was a lot of “he said, she said,” most of the time ending with Apple refusing any deals and going straight for Samsung’s jugular (their Galaxy brand). But lately, it appears they’ve been much more cordial with each other.
According to The Wall Street Journal, since the well publicized ruling Apple has been regularly flying out to Samsung’s HQ in South Korea where they met behind closed doors to talk about a settlement. It’s being said that Samsung offered Apple a licensing deal for a handful of their patents — virtually settling all disagreements between the 2 companies — but it’s unclear whether or not Apple accepted, or rejected.
This was revealed in the newly published 161-page ITC court docs, where talks reportedly started back in June, and face-to-face meetings in December. At one point (February), an actual settlement was at hand. A “memorandum of understanding” was drafted up and sent to high-level officials at both companies, but things quickly fizzled out and it wasn’t until the end of March that Samsung once again reached out to Apple about reopening discussions. Once again, no word if Apple accepted, or is playing coy.
While there’s really nothing here to indicate that a real settlement is at hand (Apple and Samsung are still locked in ongoing legal battles where the 2 can’t see eye to eye on licensing deals), at least they’re talking again. And if I learned anything from Teen Mom’s Dr. Drew, it’s that communication is the key to restoration.
Both of these corporations are greedy to some extent. Apple and Samsung remind me of our politicians.
Where Apple wants to line its pockets all day long while blasting others. They also wish to do as little work as possible to maintain the appearance of having a job title.
Samsung is no different, they just actually do more work and less whining.
With all of this, Apple comes out looking like the complete tool they are. Sadly, this appears to have hurt them and there pockets. Which is why now they are actually putting in effort and “work” for lack of a better word. I hope this means we see less litigation from immature parties involved and more consumer products and tech!
Preach
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This may be one big collusion if
they settle and license each others technology, both togeather dominate
the smartphone market. In the end, may not be the best thing for the
free market.
It’s not just Samsung and Apple that are greedy. Look at all these billion dollar corporations. If they could monopolize the market in their own field they would.
I like Samsung’s style. Make Apple come to them not the other way around.
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Um Chris, Dr. Drew is best known for Loveline, not Teen Mom. But you’re to young to probably even know that.
You are a Dr. Drew hipster?
No, just old enough to know better.
This may be one big collusion if they settle and license each others technology, both togeather dominate the smartphone market. In the end, may not be the best thing for the free market.
so… many… errors