Advertisement

HindustanTimes Fri,26 Dec 2014

Samsung plans no settlement with Apple: executive

AFP  Seoul, November 14, 2012
First Published: 13:43 IST(14/11/2012) | Last Updated: 14:49 IST(14/11/2012)

A top Samsung executive said Wednesday that the South Korean electronics giant had no plans to follow Taiwanese firm HTC in seeking a settlement over its patent disputes with arch-rival Apple.

 

Samsung and Apple are currently embroiled in patent lawsuits in 10 nations including the United States and Germany, accusing each other of stealing design and technology.

HTC, which had been locked in similar suits with Apple around the world, announced Sunday that the two companies had reached a deal to end all outstanding litigation and sign a 10-year licensing agreement over patents.

"We have no such intention," J.K. Shin, the head of Samsung Electronics' mobile unit, told reporters when asked if Samsung would seek a similar settlement.

Samsung, the world's top mobile and smartphone maker, was ordered by a US jury in August to pay Apple $1.05 billion in damages for illegally copying iPhone and iPad features for its flagship Galaxy S smartphones.

It has appealed the ruling.

Since then, two separate rulings by courts in Japan and the Netherlands have dismissed Apple's claims of patent infringement.

Shin also said Wednesday that Samsung expected fourth-quarter smartphone sales to be as strong as the third quarter, when its newest Galaxy S3 device became the world's top-selling smartphone.


Advertisement
more from Business

Teetering SpiceJet to submit revival plan to govt today

SpiceJet is likely to submit a revival plan to the aviation ministry on Friday based on the proposed investment by a consortium of investors led by the airline’s co-founder Ajay Singh.
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved