Masimo CEO Open to Settling Apple Rift But ‘They Haven’t Called’

Masimo Corp. Chief Executive Officer Joe Kiani, head of the medical device maker that has put Apple Inc.’s smartwatch on the brink of a US ban, said he’d be open to settling with the company.

The executive, speaking Tuesday on Bloomberg TV, said the “short answer is yes,” when asked if he’d settle, but he declined to say how much money he’d seek from Apple. Kiani said he would “work with them to improve their product.”

“They haven’t called,” he said. “It takes two to tango.”

The International Trade Commission ruled earlier this year that the Apple Watch ...