The device-manufacturing giants have dropped their disputes over patents in eight countries. The U.S., however, is not one of them.
In a joint statement, the Apple and Samsung said, “This agreement does not involve any licensing arrangements, and the companies are continuing to pursue the existing cases in U.S. courts.” So they’re not exactly best buds, but it’s a start.
The ill will between the two started in 2011, when Apple filed Apple first sued Samsung, claiming that the Korea-based company copied much of the technology found on the iPhone in its Galaxy phones.
The most recent legal ruling came earlier this year when a California court awarded Apple $119 million, which was much less than the $2.2 billion in damages it was seeking.
“ … this is still an indicator that both companies are finally coming to their senses,” noted 451 Research senior analyst Boris Metodiev, commenting specifically on a Wall Street Journal article. “Apple has more often been the aggressor and Samsung has been on the defensive end, but I think that the American company was very discouraged when it was awarded only a fraction of what it asked in the recent trial. Apple never managed to achieve what it aimed for, a sales ban of Samsung’s infringing devices, not to mention that it still hasn’t been paid by the South Korean company. … The sooner they agree on some kind of patent licensing deal, the better it will be for both companies. I believe that moment is coming and the particulars of such deal depend on the outcome of the ongoing U.S. cases.”
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