Samsung drops Apple lawsuit
Chicago, July 3, 2011
Samsung Electronics Company has dropped a lawsuit against Apple that claimed Apple copied many of Samsung's innovations, according to a report from Bloomberg.
Nam Ki Yung, a spokesman for the Suwon, South Korea-based company said the company wanted to 'streamline' the legal proceedings.
Apple and Samsung are part of a wider web of litigation among phone makers and software firms over who owns the patents used in smartphones and tablets, as rivals aggressively rush into a market in which Apple jumpstarted with iPhone and iPad.
Samsung had launched the suit in April as a counter-claim against Apple, which has sued Samsung previously, saying Samsung's Galaxy line of mobile phones and tablets 'slavishly' copies the iPhone and iPad.