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25/07/2012

Apple and Samsung Chiefs at Loggerheads Over Patents

Apple and Samsung Chiefs at Loggerheads Over Patents:
Apple CEO Tim Cook and top Samsung executives met recently to discuss the upcoming patent trial between them, but were unable to come to an agreement with respect to the patents. Citing sources familiar with the discussions, Reuters reports that the companies can't agree on the value of certain patents at stake. For example, some of the patents Samsung alleges Apple of infringing are standards essential. Apple believes they should be licensed at a lower rate than Samsung is offering. The company chiefs met as part of court-mandated mediation ahead of the July 30 trial. Reuters says the companies are unlikely to come to an agreement before the trial gets under way.

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