Wednesday, January 8, 2014

Apple, Samsung CEOs agree to mediation ahead of patent trial


According to new paperwork filed earlier this afternoon, Apple and Samsung have agreed to attend a mediation session next month ahead of their second major US patent trial, which is slated to begin on March 31.
The meeting is to take place on or before February 19, and is to be attended by Tim Cook, Samsung’s Oh-Hyun Kwon and their respective in-house lawyers. And they will attempt to discuss settlement opportunities…
Apple Inc and Samsung Electronics have agreed to attend a mediation session to be held on or before February 19, as they prepare to clash in court in March over smartphone patents.
Apple CEO Tim Cook and Samsung CEO Oh-Hyun Kwon will attend the session with in-house lawyers only, according to a Wednesday court filing. Their legal teams had met on January 6 to “discuss settlement opportunities,” the filing read.”
This won’t be the first time the two sides have met to try and reach a settlement. Cook has held similar mediation sessions with Samsung Vice Chairman Choi Gee-sung and mobile head Shin Jong-Kyun, but to no avail.
In the past 3 years, Apple and Samsung have been involved in numerous patent battlesaround the globe. They’ve met twice in San Jose, California federal court, where Apple has been awarded roughly $930 million in damages.

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