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Surprise: Samsung Won’t Be Settling With Apple

November 14, 2012 - Written By Alexander Maxham

Not much of a surprise, but after HTC and Apple’s recent settlement with licensing the question had to be asked. Would Samsung settle with Apple? Well Samsung Mobile’s boss, JK Shin, confirmed that his company would not be negotiating with Apple. Korean News agency YonHap broke the news this morning.

JK Shin told YonHap reporters “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.” We aren’t sure where Shin got the 300 billion figure from, especially since the details of Apple’s and HTC agreement are pretty secretive. Although some are speculating that HTC may have to pay Apple around $6-8 per phone sold to the Cupertino company.

Samsung and Apple are in it for the long run, and that was evident this summer when Apple took Samsung to court, and actually won. Samsung was to pay Apple $1.05 billion, but this week we heard that Samsung was raising the prices of their processors and other parts that Apple buys from the Korean company.

So looks like Samsung v Apple is going to be a very popular topic over the next year or so. But you can count on Android Headlines bringing you all the news regarding it.