Saturday, August 03, 2013

Price of Patents: Samsung vs. Apple

Apple Seeks Obama Reprieve on iPhone Import Ban - Bloomberg:

"In filings with the agency, Samsung said it offered to license its (4) standard-essential patents to Apple at a rate of 2.4 percent of the handset price “but Apple rejected it without making a counteroffer or attempting to negotiate a better deal....
Samsung demanded 2.4 percent of Apple’s iPhone and iPad revenues, which would come to about $18 per phone -- a figure Apple called unreasonable."

Cancel Import Ban?
Any import ban would have to be reviewed by President Barack Obama and the U.S. Trade Representative, who have the authority to reject an exclusion order on public policy grounds. The last time that happened, President Ronald Reagan in 1987 overturned an import ban on Samsung memory chips. 
(so Samsung was protected once, now they are on opposite side against Apple).

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