Apple Offered to License its Patent to Samsung for $30/Smartphone, $40/Tab in 2010 - iPhoneHeat

Apple Offered to License its Patent to Samsung for $30/Smartphone, $40/Tab in 2010

The patent trial between the two tech giants has revealed some very interesting info about both the companies. Apple had offered to license its portfolio of patents to Samsung back in October 2010, reports Allthingd.

According to some new court filings, the executives from both companies had met back in 2010 to settle the patent dispute and Apple has actually made an offer to Samsung: Samsung can license Apple’s patent portfolio if they were willing to pay $30 for a smartphone and $40 for a tablet.

“Samsung chose to embrace and imitate Apple’s iPhone archetype,” Apple said in an Oct. 5, 2010 presentation to Samsung. “Apple would have preferred that Samsung request a license to do this in advance. Because Samsung is a strategic supplier to Apple, we are prepared to offer a royalty-bearing license for this category of device.”

Apple was keen to offer 20% discount if Samsung cross license its portfolio back to Apple. It’s worth mentioning here that Samsung has a large pool of wireless IP and standards essentials patents.

Obviously the meeting, back in 2010, end up without resolving the dispute and this battle has pushed Apple and Samsung for jury trail which is undergoing in San Jose, Calif. Apple demands $2.5M in damages from Samsung. Samsung would have had to pay up around $250 million if they had accepted Apple’s offer in 2010.

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