South Korean government expresses concern over Obama's veto in Apple-Samsung patent dispute
As Samsung has lost over a billion dollars in market value, the South Korean government has shown concern that the company's patent rights may be negatively affected following a presidential veto in its U.S.-based intellectual property dispute with Apple.
The government issued a statement on Monday saying it hopes to see a "fair and reasonable decision" in Samsung's ongoing patent dispute with Apple, according to The Wall Street Journal. South Korea's government plans to closely watch what transpires next, as the U.S. International Trade Commission is scheduled to decide this week whether to ban imports of certain Samsung products to America.
The intervention of President Barack Obama's administration and subsequent comments from South Korea may signal that the patent dispute between Apple and Samsung could become an international political issue.
The two countries entered into the U.S.-Korea Trade Agreement last March, promising "countless new opportunities for U.S. exporters to sell more Made-in-America goods, services and agricultural products to Korean customers." The U.S. government characterized the deal as the most commercially significant free trade agreement in nearly 20 years, adding up to $12 billion to the annual U.S. Gross Domestic Product by making almost 80 percent of U.S. exports to Korea duty free.
Experts have said that the Obama administration needs to be careful and not give the impression that it is favoring Apple, an American company, over its rival Samsung, from South Korea.
The intervention is also expected to have ripple effects in the larger patent litigation landscape. Maynard Um of Wells Fargo said earlier Monday that he expects the ITC to become less of a venue for companies to gain leverage in patent disputes, seeking a relatively quick injunction blocking sales of competing products.
The ITC has originally ruled in June that shipments of Apple's older iPhone 4 model, compatible with the AT&T network, would be halted because of alleged patent infringement. But the Obama administration intervened on Saturday, and vetoed the ban.
The administration said the veto was used because of concerns about standards-essential patents being used to gain "undue leverage." The ban would have also affected some cellular-capable versions of Apple's iPad 2.
The government issued a statement on Monday saying it hopes to see a "fair and reasonable decision" in Samsung's ongoing patent dispute with Apple, according to The Wall Street Journal. South Korea's government plans to closely watch what transpires next, as the U.S. International Trade Commission is scheduled to decide this week whether to ban imports of certain Samsung products to America.
The intervention of President Barack Obama's administration and subsequent comments from South Korea may signal that the patent dispute between Apple and Samsung could become an international political issue.
The two countries entered into the U.S.-Korea Trade Agreement last March, promising "countless new opportunities for U.S. exporters to sell more Made-in-America goods, services and agricultural products to Korean customers." The U.S. government characterized the deal as the most commercially significant free trade agreement in nearly 20 years, adding up to $12 billion to the annual U.S. Gross Domestic Product by making almost 80 percent of U.S. exports to Korea duty free.
Experts have said that the Obama administration needs to be careful and not give the impression that it is favoring Apple, an American company, over its rival Samsung, from South Korea.
The intervention is also expected to have ripple effects in the larger patent litigation landscape. Maynard Um of Wells Fargo said earlier Monday that he expects the ITC to become less of a venue for companies to gain leverage in patent disputes, seeking a relatively quick injunction blocking sales of competing products.
The ITC has originally ruled in June that shipments of Apple's older iPhone 4 model, compatible with the AT&T network, would be halted because of alleged patent infringement. But the Obama administration intervened on Saturday, and vetoed the ban.
The administration said the veto was used because of concerns about standards-essential patents being used to gain "undue leverage." The ban would have also affected some cellular-capable versions of Apple's iPad 2.
Comments
Did they express concern in 1987 when President Reagan vetoed an ITC decision that blocked the sale of Samsung products thereby allowing Samsung to continue to sell its products?
Samsungs lowlife ways is like a dark cloud over anything Korean. in. Big way!
No [B]experts[/B] are saying this. Anywhere.
They are displaying an unprecedented level of scurrilous behavior.
Time for Apple to start building up its own manufacturing and robotic assembly OUTSIDE the reach of the grabbers and looters.
How much do you want to bet that Samsung pressured their government to make a statement. Remember, Samsung is like 15% of the GDP there in korea.
The South Korean government should investigate better before going to the press.
Quote:
Originally Posted by SpamSandwich
"Experts have said that the Obama administration needs to be careful and not give the impression that it is favoring Apple, an American company, over its rival Samsung, from South Korea."
No experts are saying this. Anywhere.
Indeed, its pretty clear they did it to avoid getting bans over FRANDS. And I dont like the way Samsung is trying to get patents compensation over chips that are made by a company that is suppose to have paid them already.
imo Samsung is just trying to counter sue Apple with anything they can. I really hate Samsung with a passion and will never buy anything they make ever again.
Quote:
Originally Posted by john12345
How much do you want to bet that Samsung pressured their government to make a statement.
No pressure needed. A quick email and the South Korean government will fall into line.
FRAND licensing was fine with Samsung... until an innovator came along and disrupted the market.
Pity.
My latest purchase? SONY Bravia TV. Love it. Used to believe in Samsung products but no more.
And, I am absolutely sure I'm not the first or only one out there.
Quote:
Originally Posted by Disturbia
My confession for today. It may sound childish but I have already stopped buying anything that has Samsung name on it.
My latest purchase? SONY Bravia TV. Love it. Used to believe in Samsung products but no more.
And, I am absolutely sure I'm not the first or only one out there.
Nope I am one of them too. Never owned a Samsung product, never will especially after seeing there shady colors.
Another Question, did Samsung actually use there influence to get the Korean government to voice there feeling to get some political backing ?
I don't quite see, why the Korean Government would get involved in this otherwise. Prolly a few Bucks paid to the government and they try putting some political pressure
More and more of us every day.
Apple must protect their interests and start the process of building up their own manufacturing.
South Korea trying to influence the upcoming ITC decision this Friday where Samsung faces a ban. The shills will be raging if Samsung products get banned. Never mind that none of Apple's patents in this case are SEP's or anything like that. They'll overlook that completely and claim foul.
LOL. Isn't "fair and reasonable" the first two letters of FRAND?
Quote:
Originally Posted by EricTheHalfBee
South Korea trying to influence the upcoming ITC decision this Friday where Samsung faces a ban. The shills will be raging if Samsung products get banned. Never mind that none of Apple's patents in this case are SEP's or anything like that. They'll overlook that completely and claim foul.
What are the specifics of this upcoming case ? A link or something ?
South Korea is acting decisively. Apple - Samsung patent dispute seems to be an international problem right now.