Samsung agrees to pay Apple $548 million in damages—with conditions
An appeals court had rejected Samsung's bid to review the damages award
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Samsung will pay up $548 million in damages to Apple, but with conditions
Samsung Electronics has agreed to pay Apple US$548 million in damages in a patent infringement lawsuit in California, which will be the first shot at compensation Apple will get in the dispute that has dragged on for several years with many twists and turns.
The move by Samsung follows the rejection last month by the U.S. Court of Appeals for the Federal Circuit of a full-bench hearing to review the damages award in the patent dispute in the light of new information about an Apple patent.
The South Korean company has confirmed to Apple that it will pay the iPhone maker the damages within 10 days of the delivery of Apple’s invoice to Samsung, according to a joint case management statement filed in the U.S. District Court for the Northern District of California, San Jose division on Thursday.
But Samsung has also reserved the right to collect reimbursement if there are any further developments in the case, including results of proceedings before the U.S. Patent and Trademark Office that address the patents at issue. Apple has disputed Samsung's asserted rights to reimbursement.
Apple sued Samsung in 2011 alleging that Samsung phones infringed on several iPhone patents. It was awarded damages of $930 million by a jury in the U.S. District Court in California, which found that Samsung infringed Apple’s design and utility patents and diluted its trade dresses, which relate to the overall look and packaging of a product.
The U.S. Court of Appeals for the Federal Circuit reversed the jury’s findings that the asserted trade dresses are protectable, and vacated the damages relating to trade dress dilution. The decision still required Samsung to pay the $548 million in damages, while a jury trial - the third in the case - for a reassessment of the remaining $382 million in damages is scheduled for next year in the California court. read more http://mytechcolony..com.ng/