Tim Cook and Samsung CEO to Discuss Patent Dispute One Last Time Today Ahead of Jury Deliberations
With Apple and Samsung having concluded their presentations for the jury in the high-profile U.S. court case over patent and design issues, Bloomberg reports that Apple CEO Tim Cook and Samsung CEO Kwon Oh Hyun will talk one last time in an effort to settle or at least narrow their differences before jury deliberations begin as soon as tomorrow.
The companies’ lawyers will report to U.S. District Judge Lucy Koh in federal court in San Jose, California, on the outcome of today’s telephone discussion between Apple’s Tim Cook and Samsung’s Kwon Oh Hyun, according to the person, who asked not to be identified because the talks are private. [...]
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.
Senior executives of the two companies met several times leading up to the trial and were unable to reach an agreement, but Samsung is now operating under new CEO Kwon, who was elevated to the position in early June as part of an executive reshuffling.
Apple estimates that it should be owed roughly $2.5 billion in damages based on sales of Samsung devices it claims infringed upon Apple's patents and trade dress, while Samsung claims that Apple owes approximately $400 million in licensing fees for 3G-related patents based on a royalty rate of 2.4% per unit sold. Apple has claimed that the licensing fees for the standards-essential patents should be significantly lower.
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Top Rated Comments
You are right. There aren't many ways to design a touch screen.
or an icon
or a charger
or a tablet case
or a cable
or a minicomputer
or dress code
Though I support Apple, I don't mind the imitations and copy-cats that put competitive pressure for Apple to step up its game each year.
but if the competition came up with their own stuff, it would push Apple to do even better.
Apple makes X, Samsung makes X, Apple makes X+1, Samsung makes X+1
vs
Apple makes X, Samsung makes X+1, Apple makes X+2, Samsung makes X+3
the rate of innovation is much slower when all the competition does is copy.
You have to protect your innovation period.
It doesn't matter the size of the company or not. If you invent something that someone else copies, then protect it. Failure to do so fails your investors, shareholders and yourself. It doesn't matter if Apple is selling 10:1 (pure example) or 10:9 iPhones to Galaxies or tablets or whatever. Protect it.
A similar example is a local company here in Ottawa. They make adult toys which are popular. Almost reaching $100 million in sales. Now other companies are copying it so they're going after those folks. Why? Well duh, because any other copy has the potential to take away sales.
http://www.ottawacitizen.com/business/industry+Ottawa+latest+sector/7108256/story.html
I'll repeat so it doesn't look like I'm the fanboi - if Apple is guilty of stealing ideas/technology then companies should go after them too.
Yes, competition is a great thing, but invent your own and challenge....don't be a copycat by directly copying something. Shows your nothing but a cheap company imho.
Cheers,
Keebler