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Samsung Exec, No Plans to Settle with Apple

Samsung Group HQ in Samsung Town, Seoul | Wikipedia

After it was announced that Apple and HTC agreed to a 10-year licensing deal, a Samsung executive indicated that their company doesn’t intend to negotiate “at all.”

According to news from Yonhap News Agency, Samsung head of mobile and IT division Shin Jong-kyun also claimed that HTC agreed to pay $276 million to Apple. The South Korean tech giant, on the other hand, said that they will not pay the iPhone maker to settle their ongoing patent lawsuits.

It may be true that HTC may have agreed to pay 300 billion won (US$276 million) to Apple, but we don’t intend to (negotiate) at all.

Apple and HTC’s Licensing Deal

In relation to this, industry watchers have suggested that HTC has agreed to pay Apple between $6 and $8 for every phone they sell. Meanwhile, Sterne Agee’s Shaw Wu said that Apple and HTC’s licensing agreement could be an outline for future settlements with Samsung and Motorola. However, Shin Jun-kyung’s comment indicates that Samsung has no intentions of reaching an agreement with the Cupertino-based company.

It was announced last weekend that Apple and HTC reached a 10-year agreement that covers their current and future patents. However, the deal’s terms remain undisclosed.

In an official statement released by Apple, the company announced that all of their patent disputes with HTC are now terminated. As posted by Apple CEO Tim Cook in the official statement: “We are glad to have reached a settlement with HTC. We will continue to stay laser focused on product innovation.”

This statement was echoed by HTC CEO Peter Chou, saying that “HTC is pleased to have resolved its dispute with Apple, so HTC can focus on innovation instead of litigation.”

Apple vs. Samsung: A Battle of Patents

On the other hand, Apple and Samsung have been in a number of lawsuits in various countries across the world. So far, Apple has the upper hand in most of its legal issues against the South Korean tech giant.

Its biggest victory came last August, when a jury in California ruled that Samsung violated the iPhone maker’s patented inventions. Thus, the jury ordered the latter to pay about $1.05 billion in damages.

However, Apple lost their legal appeal in UK, when the jury ruled that Samsung did not copy the look and feel of iPad. Because of this, they were ordered to post a web notice on their UK website and run advertisement on British magazines and newspapers, saying that Samsung did not infringe their tablet’s design.

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