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Samsung Agrees To Pay Apple $548 Million Over Smartphone Patents (theverge.com)

An anonymous reader writes: After years of legal wrangling over smartphone patents, Apple and Samsung appear to have reached an agreement. The two companies released a joint statement (PDF) saying Samsung will pay Apple $548 million before December 14th. Apple must send them an invoice before they'll pay. It's not a complete stand-down; even their agreement contains disagreement. "The statement notes that Samsung 'continues to reserve all rights to obtain reimbursement from Apple,' although in the same document, Apple disputes these rights. ... Not only does the joint statement reserve Samsung's right to take some of this money back in any future cases, but this summer, the South Korean company announced it would be requesting a U.S. Supreme Court review of its legal case." At the very least, it's a big step toward resolving the mountain of patent issues between the companies.

2 of 64 comments (clear)

  1. Re:Well by Anonymous Coward · · Score: 3, Insightful

    They didn't kill it. They renamed the program and moved it out of public scrutiny like they have with every other illegal program that's been "killed".

  2. incredible waste of resources by DriveDog · · Score: 4, Insightful

    I seriously doubt that intelligent people outside of the patent/legal profession would think any of either of their patents hold any merit. The best invention would be a way to send a message back to those who originally created patent law and tell them how ridiculous, abused, and twisted it is all going to become, so write it very carefully and define it very narrowly.