Samsung has finally agreed to settle up with Apple, after losing the appellate phase of a lengthy patent trial.
According to a court report filed on December 3, Samsung will pay the sum once Apple files an invoice. Payment is expected by December 14, at the latest. Apple will withdraw their motion to enforce the court’s decision.
The $548 million settlement was whittled down from the initial fine of $930 million, in 2012. Samsung were found of guilt of copyright infringement on the iPhone’s design, for the control surface, bezel, and user interface, which made up $399 million of the fine. Samsung was originally sued $2.5 billion in damages by Apple for copyright infringement, in 2011.
Patent Dispute Expected To Be A Setback For Samsung, At Most
According to Apple, the fine “reinforces what courts around the world have already found: that Samsung willfully stole our ideas and copied our products.
Samsung hopes to reclaim some of this hefty fine, however, depending on the ruling of an upcoming patent dispute Apple is involved in. If Apple’s touchscreen is found to be in violation of Trademark and Copyright Laws. Apple has disputed Samsung’s right to reimbursed.
The payment does not equal an admission of guilt, according to an email from Samsung, “While we’ve agreed to pay Apple, we remain confident that our products do not infringe on Apple’s design patents, and we will continue to take all appropriate measures within the legal system to protect our products and our intellectual property.”
Later in the same Press Release, a spokeswoman from Samsung concluded, “We are disappointed that the court has agreed to proceed with Apple’s grossly exaggerated damages claims regardless of whether the patents are valid.”
Regardless of the findings, Samsung remains one of the top three most popular mobile devices in the world. The fine will be a setback, and a sting in their pocketbook, some of which they stand to get back.
Samsung is still going strong, so if you are looking for a Samsung dealer in Melbourne, Samsung repairs in Melbourne, for service or repairs, contact us today, give us a call at (03) 9555 5502, or stop on by and let us help you!