Reports: Apple talking with Samsung, Ahrendts hatches big retail plans

|About: Apple Inc. (AAPL)|By:, SA News Editor

The Korea Times reports Apple (AAPL) and Samsung (SSNLF) are once more in talks to settle their far-reaching global patent battle. A source: "Samsung has recently resumed working-level discussions with Apple and the key issue is how to dismiss all lawsuits ... Some more time will be needed to fix terms of details such as royalty payments."

The report comes after Apple reached a settlement with Google/Motorola Mobility that didn't feature a patent cross-license, and was awarded $120M in damages (less than a requested $2B) from a CA jury earlier this month in a Samsung suit. Apple is receiving undisclosed licensing fees from HTC as part of a 10-year settlement reached in 2012.

Separately, 9to5 Mac reports new retail chief Angela Ahrendts is laying out "a three-part vision for the future of Apple retail: an emphasis on China, mobile payments, and completely revamping the end-to-end Apple Store sales experience."

Apple has already said it plans to triple its Chinese store count to 30 by 2016, and has been reported to be working on a mobile payments service.  As part of her retail overhaul, Ahrendts is reportedly interested in "blurring the lines between Apple’s online and physical stores."