Patent spending stemming from the smartphone industry exceeded $20 billion last year.
Amazon Founder Calls For End of Patent Wars : Read more
Amazon Founder Calls For End of Patent Wars : Read more
That is truly a sad statistic.both Apple and Google on patents exceeded its spending on research and development of new products, representing the first time that has occurred in both company's history.
And Bezos thinks this might stifle innovation? Can't imagine what would give that idea.spending by both Apple and Google on patents exceeded its spending on research and development of new products