Samsung Agrees to Pay Apple $½ Billion

e_1_edge_pcAfter a long line of failed appeals Samsung has agreed to pay Apple $548 million in damages to Apple for patent infringement involving certain technology patents with its Galaxy smartphones, among others.

The $548 million damages figure stems from a US Court of Appeals for the Federal Circuit decision in May, which backed Apple and found that Samsung had infringed certain of Apple’s patents.

According to representations in court recently, the payment will be made on December 14, 2015.

However, Samsung has refused to cover $1.8 million in costs “because the Federal Circuit did not discuss costs in its opinion partially reversing the judgement, the costs award was vacated automatically,” Samsung said.

The full damages award of approximately $900 million, was reduced from more than the awarded $1 billion during a previous segment of the case, will also have to be reassessed, after the Federal Circuit vacated certain trade dress dilution findings, finding Apple’s rights to not be protectable.

Finally, the Patent Trial and Appeal Board has also invalidated one of the patents that Samsung was found to have infringed. Apple, however, is appealing against that decision.

source

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