Samsung Electronics must pay Apple $290 million in damages for infringing five of its patents, a federal jury in California decided on Thursday. The sum may not make a huge mark — or even a moderate one — on Samsung’s balance sheet, but the verdict gives Apple one more victory against its rival as the two battle their way through courtrooms around the globe. “We are disappointed by today’s decision, which is based in large part on a patent that the U.S. Patent and Trademark Office has recently deemed invalid,” Samsung said.
Loading ...
Jury Tips Toward Apple With $290M Samsung Penalty
Posted by: Erika Morphy November 22, 2013 11:08 AMSamsung Electronics must pay Apple $290 million in damages for infringing five of its patents, a federal jury in California decided on Thursday. The sum may not make a huge mark — or even a moderate one — on Samsung’s balance sheet, but the verdict gives Apple one more victory against its rival as the two battle their way through courtrooms around the globe. “We are disappointed by today’s decision, which is based in large part on a patent that the U.S. Patent and Trademark Office has recently deemed invalid,” Samsung said.