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November 14, 2012

Samsung Will Not Negotiate With Apple over Patents

Yonhap News - Top smartphone maker Samsung Electronics Co. does not intend to hold talks with Apple Inc. to reach an agreement on their ongoing patent war, its mobile business chief said Wednesday, raising views the company will rely on legal means rather than settling the issue out of court.

"It may be true that HTC may have agreed to pay [US$276 million] to Apple, but we don't intend to [negotiate] at all," said Shin. This isn't a good signal from the world's largest supplier of cellular devices.

Samsung will rely on other legal avenues with which to combat Apple.

Samsung has grabbed a 35.2 percent market share in the global smartphone market in the third quarter, widening its lead over Apple's 16.6 percent stake, according to the data by Strategy Analytics.






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