December 25, 2024
Apple and Samsung CEOs to Discuss Settlement One Last Time

Apple and Samsung CEOs to Discuss Settlement One Last Time

Posted August 20, 2012 at 2:36pm by iClarified
Apple and Samsung CEOs are set to discuss settlement of their patent infringement lawsuits one last time before a U.S. jury begins deliberations, reports Bloomberg.

Apple CEO Tim Cook and Samsung CEO Kwon Oh Hyun will participate in the telephone discussion today.

As testimony in the trial drew to a close, Koh asked that the CEOs talk, and said she was "pathologically optimistic" they could settle claims over patents for smartphones and tablet computers. Heads of the two companies met before the trial began and were unable to reach a settlement. The two sides reported Aug. 18 that they had made no progress in narrowing the claims in the suit. The two sides are still filing motions with the court about jury instructions and exhibits.


Apple was $2.5 billion in damages from Samsung for copying the iPhone and iPad. Samsung wants about $400 million in royalties from Apple for infringing on its patents.

Read More


Apple and Samsung CEOs to Discuss Settlement One Last Time

Apple and Samsung CEOs to Discuss Settlement One Last Time


Add Comment
Would you like to be notified when someone replies or adds a new comment?
Yes (All Threads)
Yes (This Thread Only)
No
iClarified Icon
Notifications
Would you like to be notified when we post a new Apple news article or tutorial?
Yes
No
Comments (1)
You must login or register to add a comment...
SaSh72
SaSh72 - August 20, 2012 at 2:49pm
Ain't gona happen trust me. We Samsung want to pay 2.5 of the super big ones
Recent. Read the latest Apple News.
RECENT
Tutorials. Help is here.
TUTORIALS
Where to Download macOS Sequoia
Where to Download macOS Ventura
AppleTV Firmware Download Locations
Where To Download iPad Firmware Files From
Where To Download iPhone Firmware Files From
Deals. Save on Apple devices and accessories.
DEALS