Apple and HTC gave us a pleasant surprise over the weekend by announcing a 10-year cross-licensing deal and agreeing to drop all the patent lawsuits between the two companies.
This gave us some hope that Samsung and Google-owned Motorola would follow HTC’s footsteps and settle with Apple (so we can finally stop writing about these boring 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,” Shin Jong-kyun, who heads the South Korean tech giant’s mobile and IT division, told reporters.
According to analyst, HTC may be paying Apple $6 – $8 for every Android-based phone sold as part of the cross-licensing deal.
Before going to courts, Apple tried to settle the patent infringement lawsuit with Samsung by offering to license its patents portfolio to Samsung for $30 per smartphone and $40 per tablet. Apple also offered Samsung a 20% discount if the company cross-licensed its patent portfolio back to Apple.
As Seth Weintraub of 9to5Mac points out, Samsung may be just playing hard ball, so it can negotiate a better deal or the Korean company probably prefers to bank on legal resolution rather than out-of-court settlement as it would end up paying a lot more than the $1.05 billion it was ordered to pay in the recent court ruling in the U.S.
Scales of Justice by mikecogh from Flickr.Like this post? Share it!