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.