Updated Jan. 9, 2014 1:11 a.m. ET
The chief executives of Apple Inc. AAPL -1.06% Apple Inc. U.S.: Nasdaq $537.72 -5.74 -1.06% Jan. 9, 2014 3:12 pm Volume (Delayed 15m) : 7.69M P/E Ratio 13.46 Market Cap $485.07 Billion Dividend Yield 2.27% Rev. per Employee $2,127,850 01/09/14 Apple, Samsung Plan Patent Set... 01/08/14 New Barnes CEO Must Tackle Noo... 01/08/14 Timing of Apple Earnings Has O... More quote details and news » and Samsung Electronics Co. 005930.SE -1.24% Samsung Electronics Co. Ltd. S. Korea: KRX KRW1275000 -16000 -1.24% Jan. 9, 2014 3:00 pm Volume : 425,019 P/E Ratio 6.52 Market Cap KRW212426.04 Billion Dividend Yield 0.08% Rev. per Employee KRW2,485,940,000 01/09/14 Apple, Samsung Plan Patent Set... 01/08/14 HEARD ON THE STREET: Smartphon... 01/07/14 Samsung Unveils Next Wave of P... More quote details and news » will meet to try to reach a settlement in their patent litigation before a new trial is slated to begin later this year in California.
A U.S. court ordered the two technology giants to submit a proposal for mediation ahead of facing off again in a trial slated to start in March, according to a court filing Wednesday.
Apple and Samsung have attempted mediation in the past, but were unsuccessful in reaching an agreement.
The filing said legal executives for Apple and Samsung met in January to discuss mediation and agreed on a mediator with experience in high-profile disputes. The talks are set to take place by Feb. 19 and both companies' chief executives, along with their in-house counsels, plan to attend.
Apple and Samsung declined to comment.
The latest development comes as Apple and Samsung continue to fight it out in global courts over patent infringement, a battle that began when Apple first sued Samsung in 2011.
The stakes are high as the two technology giants vie to lead the fast-growing smartphone market. Samsung held a 32.1% share of the global smartphone market in the third quarter, while Apple had 12.1% of the market, according to research firm Gartner. Together, the two companies also earn the majority of the industry's profits.
In the most high-profile U.S. case, a federal jury ordered the Samsung to pay Apple a combined $930 million for infringing the U.S. company's intellectual property. Another case that involves a different set of Apple patents used in more recent Samsung products, such as the Galaxy S III smartphone, is set to go to trial in March.
Since the March trial involves newer products that were bigger sellers, industry experts say there is a potential of an even-larger damages award if Samsung is found to have infringed Apple's patents.
Apple has also filed a motion in the U.S. to block Samsung from selling about two dozen products.
In a separate case in December, a Seoul court ruled that Apple didn't violate some of Samsung's patents and rejected the South Korean company's request for payment of 100 million won ($94,000) in damages. The two companies have also been embroiled in patent litigation in Germany, the Netherlands and Australia.
Write to Daisuke Wakabayashi at Daisuke.Wakabayashi@wsj.com and Min-Jeong Lee at min-jeong.lee@wsj.com
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