Samsung and Google agree on patent peace accord

2014_01_samsung_appleSamsung Electronics has signed a 10-year peace treaty with Google that will prevent the two companies from waging a patent war against one another, a move the Korean tech firm believes will help further isolate arch rival Apple. Samsung said yesterday it signed a patent cross-license agreement that covers “a broad range of technologies and business areas” with Google. The “mutually beneficial agreement” covers not only existing patents but also new patents to be filed by 2023, Samsung said.

“We’re pleased to enter into a cross-license with our partner, Samsung,” said Allen Lo, deputy general counsel for patents at Google, in a statement.  Samsung said the deal paves “the way for deeper collaboration on the research and development of current and future products and technologies.”

Samsung declined to detail how many of the two companies’ patents will be subject to the cross-license deal, saying that it is confidential. But a significant portion of the patents held by Samsung and Google are believed to be included. Samsung holds about 100,000 patents, while Google owns around 50,000. “We can’t say everything, but it is wide ranging and comprehensive,” said a Samsung Electronics official.

The deal, analysts say, will help the two companies improve on each other’s weak points: software in the case of Samsung and hardware for Google. But Samsung is also expected to benefit from some of the hardware technologies that Google has worked on in recent years, such as robotics and wearable devices.

For full article, see Joongang Daily.

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