Apple, Samsung reportedly fail to reach truce in patent wars
You can bring Apple CEO Tim Cook and Samsung Mobile chief JK Shin together, but you can't make them reach an amicable accord, apparently.
Apple CEO Tim Cook and Samsung Mobile head JK Shin reportedly met last week to hammer out an agreement to their long-running patent feud. The result? No agreement.
Neither company has fessed up to such a meeting. But ZDNet Korea and other sources claim the two execs met in the US after being ordered by the court to try to settle their legal differences amicably. The court reportedly wanted to see a settlement by February 19, but the bad blood between the two companies seems to have been too much of an obstacle.
The court could reveal its final verdict after February 19, according to ZDNet Korea. And if Samsung is on the losing side, the Korean handset maker may have to pay Apple damages as high as $930 million.
(Via The Verge)