Friday, November 22, 2013
Samsung Must Pay USD290 million to Apple
CALIFORNIA - Samsung decided to pay compensation amounting to USD290 million to Apple, associated decisions that companies have copied the software and hardware design patents iPhone and iPad. This decision was reached in court San Jose, California, United States (U.S.), after a jury trial for two days of talks.
Reported by Apple Insider, Friday (22/11/2013), in total, Apple will get compensation from Samsung approximately USD990 million, as coupled with the monetary penalties set out in the beginning of the trial which is approximately USD600 million. While this retrial to determine compensation related to five specific patents in the lawsuit.
The retrial began of the decision Judge Lucy Koh. Apple last year decided to get compensation from Samsung for USD1, 05 billion, following the ruling, Koh cut a fine of USD405 and decided to hold a retrial.
The decision of USD290 million is still below the desired compensation value of Apple's USD380 million, but well above the USD53 million Samsung demands. After a series of disputes in the courtroom, Judge Koh ultimately decided that the total compensation earned Apple patent dispute is about more than USD900 million.
10:19 AM
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