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Amicable Solution Needed for Business Rivalry between Samsung and Apple

in International Business

Amicable Solution Needed for Business Rivalry between Samsung and Apple

Apple has been ordered by a court in Netherlands to compensate for infringing a patent held by Samsung relating to the way phones and tablet PCs connect to internet.

The amount has not been specified yet, but the damages will be calculated based on sales of Apple’s iPhone and iPad in the Netherlands.

The two companies have been involved in dozens of patent cases and disputed pertaining to designs of their respective products in several countries.

Analysts say that with so many cases being fought by the two firms, neither of the two may emerge as the overall winner. Some cases would be won by Samsung and some by Apple.

“This will put an increased pressure on both parties to figure out an amicable business solution, rather than prolong these battles.”

Last month, a judge in the US ordered the chief executives of both the firms to meet to try to settle their legal differences.

But the talks did not lead to any agreement and Apple has since sought a ban on sales of one of Samsung’s tablet computers and the latest range of its Galaxy smartphones.


Tags assigned to this article:
appleiPadiPhonesamsung

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