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Thursday, November 21, 2013

Jury tells Samsung to pay up, awards Apple $290 million in damages

Jury tells Samsung to pay up, awards Apple $290 million in damages:
Apple Samsung Patent Trial Verdict
Samsung's judgement day is here and it looks like the company will be paying an additional $290 million in damages. A jury in California on Thursday said that the Korean smartphone manufacturer owed Apple $290 million for infringing upon its intellectual property. Apple had asked for $380 million in damages, so the jury's reward is a strong outcome for the company. For its part, Samsung had said that it should only pay an additional $52 million to Apple, so the jury's verdict is a significant defeat for the Galaxy smartphone maker. Samsung has already paid $600 million to Apple after a jury found it guilty of patent infringement in 2012, which means that the total damages the company will have to pay to Apple will be $890 million.

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