Apple (AAPL), Samsung Talks Continue, But Settlement Still Far Off
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Price: $166.90 +0.64%
Overall Analyst Rating:
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Dividend Yield: 0.5%
EPS Growth %: -0.7%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 0.5%
EPS Growth %: -0.7%
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Samsung and Apple (Nasdaq: AAPL) are said to have entered into a series of private negotiations since Apple's big win over Samsung last summer.
The WSJ noted that the two sides were close to a settlement last February, but talks ultimately broke down. Though there are no hints that the two sides might be near a settlement, talks are ongoing.
Documents from the International Trade Commission (ITC) and sources have said that Samsung has been pushing for a patent cross-licensing deal.
In 2011, Apple filed a suit against Samsung, saying that the South Korea-based consumer electronics giant infringed on Apple's design patents. Apple won that case last August, with Samsung being slapped with $1 billion in fines.
Settlement might be the best for the two sides; Apple is still one of Samsung's largest customers, while Samsung supplies key chips used several Apple products.
Apple is down 1.4 percent Friday.
The WSJ noted that the two sides were close to a settlement last February, but talks ultimately broke down. Though there are no hints that the two sides might be near a settlement, talks are ongoing.
Documents from the International Trade Commission (ITC) and sources have said that Samsung has been pushing for a patent cross-licensing deal.
In 2011, Apple filed a suit against Samsung, saying that the South Korea-based consumer electronics giant infringed on Apple's design patents. Apple won that case last August, with Samsung being slapped with $1 billion in fines.
Settlement might be the best for the two sides; Apple is still one of Samsung's largest customers, while Samsung supplies key chips used several Apple products.
Apple is down 1.4 percent Friday.
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