CEOs Of Apple And Samsung Meeting To Discuss Patent Issues

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We reported earlier that Apple CEO Tim Cook and Samsung CEO Choi Gee-sung will meet on 21-22 May 2012 to discuss patent issues, in a bid to settle them.

At the time of this news report being written the meeting has started and the updates are awaited.

Meeting of two CEOs will be held at San Francisco. The talks will be mediated by a federal judge.

Before his departure to the United States for the talks, Samsung mobile division chief JK Shin said that while significant differences between Apple and Samsung still exist, a number of “negotiation options” remain on the table.

“There is still a big gap in the patent war with Apple,” JK Shin said, before departing for the United States for the mediation talks. “But we still have several negotiation options.”

Court documents show the two companies have had at least one mediation session, although it is not clear if Cook and Choi were involved.

Legal experts are not optimistic that the two companies will reach a settlement. However, with courts increasingly pushing companies to seek alternative dispute resolution processes in hopes of staving off drawn-out court battles, Apple and Samsung have agreed to participate in the talks.

Source: Mac Rumors

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