Kim Yoo-chul reporting for the KoreaTimes writes, “Samsung Electronics and Apple may enter a comprehensive cross-licensing deal this year, according to sources.” If this is true, it will be good news for users of Samsung’s mobile devices. Samsung has recently removed a key search functionality from it’s Samsung Galaxy S3 smartphone over ongoing legal dispute.
According to the report the public fight is more to protect the reputation of each company. However, terms and conditions are being prepared for Samsung and Apple to call for peace privately.
Kim Yoo-chul reports that Samsung officials regards Apple as an important business partner. Apple purchasing Samsung displays, mobile application processors, DRAMs and NAND flash chips. Apple is seen to be increasing its buying of Samsung components to $11 billion this year from last year’s $7.8 billion.
In the report a Seoul-Based Lawyer stated:
Samsung needs a new momentum for further corporate expansion. The so-called Apple effect’ has so far been successful. But the company needs to implement its `Plan B. It is also not easy for Apple to suddenly change its parts procurement channels to Taiwanese and Japanese companies as Samsung parts are very price competitive and trustworthy. Apple CEO Tim Cook hopes to end the fight.
Source: KoreaTimes
Image Credit: TECHi
