Apple Vs Samsung Case: One day after the latest update in the United States based Apple v. Samsung case, there is more news from the legal front regarding Apple Inc. (NASDAQ:AAPL) and Samsung.
Apple Inc. (NASDAQ:AAPL) Press Info
Today, as being reported by the Wall Street Journal, Samsung has decided to drop patent injunction applications in five countries. That being said, the battle still remains in many other parts of the world, including the United States.
The following information was provided to the Wall Street Journal from a Samsung senior executive:
Samsung Electronics Co. Ltd. said on Tuesday it would drop its injunction applications against Apple Inc. in five European countries, in a major U-turn in a long-running patents war between the electronics giants.
The countries included are as follows: France, Germany, Italy, the Netherlands, and the United Kingdom.
At this point, it is difficult to determine what is going on. Despite the fact that things are getting uglier by the day in the United States court case, Samsung has decided to bail out in these five European countries.
One possible scenario is that the company has settled differences with Apple Inc. (NASDAQ:AAPL) out of court.
In a released statement, Samsung added the following:
Samsung remains committed to licensing our technologies on fair, reasonable and nondiscriminatory terms, and we strongly believe it is better when companies compete fairly in the marketplace, rather than in court. In this spirit, Samsung has decided to withdraw our injunction requests against Apple on the basis of our standard-essential patents pending in European courts, in the interest of protecting consumer choice.
This definitely comes as a surprise, as the animosity between Apple Inc. (NASDAQ:AAPL) and Samsung appears to be escalating by the day.
Check back here for more updates on Apple Vs Samsung Case.
Check out our article published earlier today, discussing recent details in the battle between the tech giants on US soil: Judge Denies Apple Inc. Injunction, No Better Luck for Samsung.