SAN FRANCISCO/WASHINGTON (REUTERS) - Apple Inc and Samsung Electronics on Wednesday (June 27) settled a seven-year patent dispute over Apple's allegations that Samsung violated its patents by "slavishly" copying the design of the iPhone. Terms of the settlement, filed in the US District Court for the Northern District of California, were not available. In May, a US jury awarded Apple US$539 million (S$737 million), after Samsung had previously paid Apple US$399 million to compensate for patent infringem Samsung would need to make an additional payment to Apple of nearly US$140 million if the verdict was upheld. How much, if anything, Samsung must now pay Apple under Wednesday's settlement could not immediately be learned. An Apple spokesman declined to comment on the terms of the settlement but said Apple "cares deeply about design" and that "this case has always been about more than money." A Samsung spokeswoman declined to co...
Comments
Post a Comment