Apple Inc. (AAPL) asking for substantial royalties from Samsung

Posted Mar 12, 2014

Apple Inc. (NASDAQ:AAPL) is reportedly asking Samsung to pay royalties of $40 per device to have the rights to use technology covered in five patents, according to Florian Mueller of FOSS Patents.

The patents involved in this case involve the ability to tap a number to make a call, unified search for your device, data syncing, slide-to-unlock, and autocomplete.

“$40 per unit. For five software patents. Give me a break. Reality distortion would be a total understatement for this,” wrote Mueller.

Setting up royalties is a common way to settle lawsuits nowadays. Microsoft pressured 21 Android devices manufacturers to pay them for every device sold at the reported range of between $15 – $20 per device.

Samsung is aiming to get a 2.4% royalty rate from Apple on all iPhone sales by exercising its own patents. Samsung’s patents are considered essential fore wireless standards. The 2.4% would mean that Apple could get around $15 per device. This number is a bit high for standard essential patents though.

[Source: FOSS Patents/BI]