Samsung may have to shell $1 billion to Apple

August 25, 2012 12:38
Samsung may have to shell $1 billion to Apple

After a long battle in the courts finally Apple had managed to win the patent cases, supposed to be the biggest in decades. Apple’s victory is Samsung’s loss as it may have to pay over $1 billion to the Cupertino giant.

Apple’s victory came after the counterclaims of Samsung against Apple were quashed by the San Jose California’s jury which was hearing the case. It is now officially and legally established the the Apple iPad and the iPhone are the parent products (lookswise) Samsung Galaxy S, SII and Samsung Note 10.1.

After Apple had claimed that Samsung had infringed their rights, the jury examining the case had said that the South Korean Giant had infringed not one but several patents held by Apple.

"This is a huge, crushing win for Apple," said Brian Love, a professor of patent law at Santa Clara University. He mentioned that all the patents were held valid and except one all of them were infringed by Samsung in most of its products. Samsung is known to have infringed at least 7 of the patents filed by the company.

The jury reached its verdict after deliberating for less than three days, examining claims of infringement by both sides. The trial heard evidence during 10 days over a three-week period.

According to the Patent laws, the judge of the court “now has the discretion to triple Apple's damages award, which is already a monstrous and unprecedented $1.051 billion." Apple’s success is one expensive day for Samsung.

It would only be known after the final verdict whether Samsung has to retract its devices from the market, redesign them or pay Apple and continue to use the technology.
With the sales of the products likely to be affected, Samsung also risks losing the acme that it holds in the Smartphone segment.

(AW- Anil)

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South Korea  Cupertino  Samsung  iPhone  iPad  Galaxy  Galaxy S2  Galaxy 10