Samsung to pay Apple $548M over patent dispute

Samsung has agreed to pay Apple $548m (£362m) as part of a deal to settle a long-running patent dispute.

Sourced through Scoop.it from: www.bbc.com

Samsung has agreed to pay Apple $548M as part of a deal to settle a long-running patent dispute.  The arrangement was revealed in papers filed to a California court by both companies on Thursday.  The dispute began in 2011 when Apple said Samsung was using some of its patented technologies without permission.  The payment does not mean the end of the row as, next year, a US court will decide if Apple deserves more damages.  The payment is part of a bigger $1bn damages award that Apple was granted in 2012 by a jury that considered the case. That total was reduced on appeal to $930m. Further legal action split this total into two parts – a $548m chunk for technology patents and a $382m chunk for allegations that Samsung copied Apple’s packaging materials.  “After years of not getting a cent, more than half a billion dollars is significant,” wrote patent expert Florian Mueller in a blogpost.  However, he added, the continuing uncertainty about the validity of some Apple patents and Samsung’s plans to file fresh appeals meant the case was a long way from reaching resolution.

See on Scoop.itInternet of Things – Company and Research Focus

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