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Apple and Google are reportedly looking at arbitration for their mobile patent conflicts. The companies are considering trading proposals on a licensing agreement over essential smartphone technologies.

“We have long sought a path to resolving patent issues and we welcome the chance to build on the constructive dialogue between our companies,” Google General Counsel Kent Walker said in a filed letter to Apple. “While we prefer to seek a framework for a global (rather than piecemeal) resolution that addresses all of our patent disputes, we are committed to reaching agreement on a license for our respective standard-essential patents.”

“Apple’s goal has always been to find a mutual and transparent process to resolve this dispute on terms that are fair, reasonable and non-discriminatory without the threat or taint of exclusionary remedies,” Apple General Counsel Bruce Sewell said in a letter to Google.

Source: Bloomberg