Microsoft “forgives” Samsung over royalty fees
Last year, the mobile world shook on the eruption of accusations followed by court suits where Redmond, Washington PC giant, Microsoft, accused Samsung of not paying patent royalties on time and thus will will have to pay an extra $6.9 million in interest.
Fast-forward to now, the storm has died a quick death just as it arose as Microsoft and Samsung have now settled with an out-of-court agreement where the two agreed to bury the hatchet. A rumor making rounds on the Internet believes that Samsung has agreed to make more Galaxy Windows Phones in return of the fine.
How the patent story began
Back in 2013, some of Samsung’s Android smartphones infringed on Microsoft’s WP patents but the two companies agreed that Samsung should pay royalties to Microsoft. These royalties, estimates say, are to reach up to reach a total sum of $8.8 billion by 2017.
Invest BTC and get 30%
Get free IDH TOKENS when you register now
You may also like
- Microsoft reportedly working on a foldable tablet device
- Meet the canceled all-screen design Microsoft Lumia 435
- Microsoft shaves $200 off the Lumia 950 XL, discounts the HP Elite x3
- Microsoft Lumia 950 selling for lower than £280 in the United Kingdom
- Microsoft Lumia 640 XL now selling for less than $70 in the US