Apple, Samsung Agree to End Patent Suits Outside U.S.

Adam Satariano and Joel Rosenblatt, reporting for Bloomberg:

The companies said in a joint statement today that they have agreed to drop all suits against each other in countries outside the U.S. Claims are being abandoned in Australia, Japan, South Korea, Germany, Netherlands, the U.K., France and Italy. […]

Still, they said in the statement that they aren’t ending the legal battles completely, nor have they reached any cross-licensing agreement.

Why not drop them everywhere? What’s different about the U.S.? (My only guess: the U.S. is the country where Apple is faring the best against Samsung, and so that’s where Apple wants to concentrate its remaining efforts.)

Update: Amicus brief arguing that Apple is entitled to $400 million in Samsung’s U.S. profits.

★ Wednesday, 6 August 2014