Samsung Electronics spends over 1 tln won in patent royalty this year
Nov 25, 2014
Samsung Electronics Co. has spent more than 1 trillion won (US$898.1 million) this year in patent royalties, regulatory data showed Tuesday. The world's biggest smartphone and memory chip maker paid a total of 1.38 trillion won in the January-September period, the largest amount it spent for patent fees since 2010, its filings submitted to the Financial Supervisory Service (FSS) showed. The tech giant spent 754.3 billion won in the first quarter, followed by 620.9 billion won and 10 billio