Samsung and Apple are currently fighting it out in the courts, with Samsung claiming that Apple has infringed upon their patents and vice versa. Apple claims that they offered Samsung a licensing deal to license some of Samsung’s patents, which are standard essential patents, but Samsung has refused Apple’s offer, claiming Apple’s offer is too low. However now it seems that Samsung has had something of a change of heart and have stated that they are willing to drop all litigations related to mobile standard essential patents if the other party (which is currently Apple) is willing to license a particular framework.
To top it off, Samsung also claims that they will not seek an standard essential patent-related injunctions against the other party in the European region for a period of 5 years. This move comes about as Samsung is about to face a $18.3 billion antitrust fine which would be about 10% of their 2012 annual revenue. Apple has yet to respond to this latest offer by Samsung, but it sounds like the South Korean tech giant is willing to settle and hopefully this will be a start to the end of the patent wars.RELATED