Apple and Samsung are negotiating to end their disputes over patent infringement, The Korea Times reports. An official at the Fair Trade Commission said, “As far as I know, the companies recently resumed working-level discussions toward the signing of a potential deal.
They are in the process of narrowing differences over royalty payments.” Apple CEO Tim Cook and Samsung CEO Choi Gee-sung reportedly held talks last year, but couldn’t reach an agreement, as Samsung wouldn’t accept Apple’s royalty demands. Samsung seeks a cross-licensing deal, which would allow the company to access certain Apple patents.
But Apple is asking Samsung to pay more than $30 per device, which is “too much,” according to a Samsung official. Last week, Apple renewed a motion seeking a U.S.