News
Apple offering settlements to Motorola, Samsung
By Charles Starrett
Contributing Editor
Published: Tuesday, March 6, 2012
News Categories: Apple, iPad, iPhone
Apple has proposed settlements to both Motorola Mobility and Samsung in an effort to end some pending litigation, Dow Jones Newswires reports. Citing people familiar with the matter, the report claims that Apple has asked for roughly 1 percent to 2.5 percent of net sales per device, or between $5 and $15 per handset. One person said that Apple isn’t looking to offer patent licenses to all competitors, nor is it seeking to create a royalty business. The report also suggests that Apple may be using its own patents as bargaining chips to reduce any penalties it might face as a result of negative court rulings related to standards-essential patents held by the two companies.
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