Wednesday 29 January 2014

Samsung, Google Sign Agreement to License Each Other’s Patents



Samsung Electronics Co. (005930), the world’s biggest maker of smartphones using Android software, signed a global patent-licensing agreement with Google Inc. (GOOG) to share their technologies.
The agreement covers existing patents and those filed during the next 10 years, according to an e-mailed statement today. The strengthened cooperation between the companies may reduce potential litigation, they said.
While the maker of Galaxy devices has risen to the top of the smartphone market using Android, the South Korean company is also working with others, including Intel Corp., on the Tizen open-source platform. Samsung said previously it would release its first Tizen phone in February through wireless operators including Japan’s NTT Docomo Inc., which this month said it won’t bring out a phone using the new system “for the time being.”
“It seems like Samsung’s strategy over Tizen-powered smartphones is fizzling out,” said Lee Seung Woo, an analyst at IBK Securities Co. in Seoul. “Samsung seems to be reworking its strategy and sticking with Android on smartphones and developing Tizen for other applications, including its home appliances and TVs, instead.”
Samsung, which released the Galaxy S4 and Note 3 last year, planned a Tizen device as one of three new high-end smartphones to compete with Apple Inc. in the most-profitable segment of the smartphone market. A February release would be four months later than the company had initially forecast.... Click to read more

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