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Apple, Samsung Settle U.S. Patent Dispute

Stephen Nellis, reporting for Reuters:

Apple Inc and Samsung Electronics Co Ltd on Wednesday settled a seven-year patent dispute over Apple’s allegations that Samsung violated its patents by “slavishly” copying the design of the iPhone. Terms of the settlement, filed in the U.S. District Court for the Northern District of California, were not available.

In May, a U.S. jury awarded Apple $539 million, after Samsung had previously paid Apple $399 million to compensate for patent infringement. Samsung would need to make an additional payment to Apple of nearly $140 million if the verdict was upheld. How much, if anything, Samsung must now pay Apple under Wednesday’s settlement could not immediately be learned.

Here’s one that legitimately deserves to be filed under “Finally” — Apple first began litigating this 7 years ago.

Wednesday, 27 June 2018