Apple To Get Paid by Samsung Over Patent Violations
A joint statement was released by Apple and Samsung last week with the US District Court for the Northern District of California, which said that Samsung will pay Apple $548 million by Dec. 14 for infringing Apple’s patents.
Samsung also said that it expects reimbursement if it succeeds in an planned appeal to the US Supreme Court regarding its liability for particular alleged iPhone design patent violations, which account for almost $400 million of the reward.
In May, the US Circuit Court for the Federal Circuit upheld Apple’s 2012 victory against Samsung but decreased the damages from $1.05 billion to $930 million. The agreed-upon $548 million is well below the damages set in May, but it equals the last settlement amount determined by the courts.