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.
The only comment I have about this is: PJ, please! Bring us Groklaw back! I miss Groklaw so much!
Glad to see this pioneering and innovative company is finally getting paid for all their hard work.
Samsung should try doing something *original* instead of *stealing* from the genius that is Apple. Quite honestly, they got off easy with this settlement. Samsung should be out of business for such despicable practices.
Gotta love the US patent system.
Since it lists all the ways this agreement is not an agreement and ends with:
"At the very least, it's a big step toward resolving the mountain of patent issues between the companies."
Apple: "That'll teach you to infringe our patents. Now give us the money."
Samsung: "Fine, here you go."
(Hands over check for $548 million)
Apple: "Thanks. Oh, by the way, how is the manufacturing of our new processors coming along?"
Samsung: "Oh, erm... Our running costs have gone up, so we're going to have to pass the increase onto you, I'm afraid."
Apple: "How much has it gone up by?"
Samsung: "$548 million"
Apple: "Fine, here you go."
(Returns check)
Summation 2
I'm starting to get the notion that these patent lawsuits are a way for big multinationals to further dodge taxes. Not only are civil penalties often deductible, but civil awards are very often not taxable.
So, it's sue me, sue you and can you scratch a little lower on my back, please.
You are welcome on my lawn.
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.
They are to prevent competitors from making knock off parts or cloning exact looks. If the shape is larger, smaller, different in the slightest it is different and not a violation.
This is all non-sense overreach and is completely crap that the court allowed it to move forward and miss instructed the jury about what they were allowed to determine. I believe Samsung should ultimately win if the Supreme Court finally strikes down this bullshit payday for courts and lawyers.
You engineers are a funny holier-than-thou bunch. Deep down you're just as dirty and greedy as every suit.
But hey, bring back the guild!
The summary makes the agreement sound like it was hammered out by lawyers representing third grade kids. One kid says "I will pay, but disagree on why and can get my money back later". The other kid says "I agree, but disagree that you should get your money back". Rich kids these days!
Sure patent agreements are resolved between companies which still results in preventing other players from entering the market. Even with all the FRAND patents the barrier to entry is insurmountable
Twinstiq, game news
Tief tiefin' from a tief make God laugh.
Beggah from a beggah make Him cry.
Cockroach 'ain ga no business in fowl cob.
Patent troll issa like a pile a goat dung sittin' on top of hill...
waitin' fo wind to blow.
<blink>down the rabbit hole</blink>
I just patented it. Now everybody must pay me - Dogbert
Poor GlobalFoundries.
Guys, guys, it's not TSCM and it's not TMSC. It's TSMC. Sheesh.
My thoughts would be to setup an association that basically took ownership of all patents produced by engineers and then licensed these back to employers.
Employers would fire or decline to hire anybody who joins such an association.
Of course Apple/Samsung/Google would fight such a setup like crazy, which is sad in itself, but if enough engineers en-mass started doing this, and in particular the top talent in these companies, they would have little ability to fight it.
Except in antitrust court.
If I pay you for labor, the product of that labor belongs to me.
"So long and thanks for all the fish."