Samsung’s telecommunication division head, Shin Jong kyun, told the Korea Times the company would accept “no compromise” in the ongoing legal battles.
The comments are believed to be a reaction to reports that suggest Apple offered a cross licensing deal as a potential resolution.
Unconfirmed reports claim the iPhone maker may be willing to accept between $5 and $15 per device as part of the settlement terms.
Despite Jong kyun’s statement, the company has yet to confirm rumors surrounding closed door settlement negotiations.
Samsung’s latest lawsuit accuses Apple of patent infringement for technology related to the iOS user interface and SMS messaging.
Apple’s most recent filing accuses its Korean competitor of copying Siri technology for Android voice search.
The companies are now involved in 30 individual cases against each other, battling in numerous court systems throughout the globe.
Unnamed sources claim Samsung has boosted its annual litigation budget from $200 million to $260 million as the conflict continues to expand.
Most of the companies’ filings have yet to result in any final rulings, though a German court recently dismissed lawsuits from both sides.
Alan Whitehead is a business journalist based in Los Angeles, California. Alan has a passion for financial markets and breaking news stories and loves writing about business news, stock market, and economic opinions that matters most to its audience. Alan spends a lot of time discovering and researching latest financial markets and industry news stories in order to make sure the latest and greatest stories are brought to you first on BigBoardNews.com.