South Korean tech behemoth Samsung Electronics’ mobile chief Shin Jong-kyun reiterated that Samsung does not seek a settlement with Apple over their patent dispute at all.
Samsung Electronics’ mobile chief Shin Jong-kyun
“Regardless of HTC’s settlement with Apple, we have no intention [to settle],” President Shin resolutely told reporters at the company’s headquarters in Seocho, Seoul Wednesday. The remark by the head of Samsung’s mobile department could be interpreted as a determination to go through with the patent suit till the end.
HTC, Taiwanese smartphone manufacturer, has recently settled a licensing agreement with Apple covering current and future patents that could result in a maximum payment of $280 million (305.5 billion won).
Meanwhile, as for Samsung’s fourth-quarter smartphone sales, President Shin said “Samsung is projected to post a high sales volume in the fourth quarter (Q4) of this year comparable to that of the previous quarter.” Regarding the tablet PC market, “ecosystems are improving, as witnessed in the increasing number of applications,” he noted while adding “the market will continue to develop.” To a speculation that Galaxy S4, Samsung’s future model, will be equipped with flexible display, he said “that outside speculation is not true. It will take much more time before we develop the technology to a final phase.”
[Written by Dong-ihn Lee - Sun-ah Kim / edited by Soyoung Chung]
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