8/12/2012

Apple’s 2010 License Offer to Samsung: Pay $30 Per Phone and $40 per Tablet

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A recent document has shown that back in 2010 Apple offered licensing agreements to Samsung. The agreements would require Samsung to pay $30 per smartphone and $40 per tablet. Usually this type of information stays under wraps as companies don’t like to disclose their royalty deals with the public, however, the document was presented by the Cupertino based tech giant at their trial with Korean based Samsung. If successful, the deal would have required Samsung to pay $250 million in royalties to Apple. Now in fairness, the deal was not one sided, Apple had prepared to give Samsung a 20% discount on the mentioned deal if they would be willing to cross license some of their patents in return. As you know, Samsung denied.

The complete document revealing this information is one of many that have been made public in the current Samsung vs. Apple trial. The trial is expected to last the rest of the month, and if Apple is successful, Samsung will be required to pay $2.5 billion. I can honestly say I have no clue who’s going to win this one as Samsung has also pointed patents back at Apple and that will surely complicates things. What do you think?
source: c|net

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