Patent Retrial Verdict Cuts Samsung to the Core With $290 Million to Apple

[The Dude]

Patent Retrial Verdict Cuts Samsung to the Core With $290 Million to Apple


The verdict is in. According to Bloomberg, a jury of six women and two men announced Thursday that Samsung Electronics (SSNFL.PK) will need to pay Apple (NASDAQ:AAPL) more than $290 million in damages for the patent infringements that affect 13 Samsung devices. The week-long trial of Samsung v. Apple took place in the same federal court in San Jose, California where Apple won a $1 billion verdict against Samsung in 2012 for copying iPhone and iPad technology. The award was cut to $410.5 million in March after jurors were charged with miscalculating the damages incurred by Apple, but the Cupertino, California-based company recovered much of that amount with the jury’s new verdict on Thursday.


In their closing arguments in federal court Tuesday, Apple asked for an award of $379.8 billion on account of Samsung’s violation of five patents on the iPhone and iPad, while Samsung countered that Apple was overstating its injuries and asked to pay $52.7 million. The resulting $327 million difference in opinion was handed over to the eight-member jury mid-week, and they stated their consensus Thursday that Samsung will pay $290 million.

According to Bloomberg, the verdict included a breakdown for damages for the 13 Samsung devices covered by the retrial, and reflects the fifth-largest jury award in the U.S. in 2013.

[cancel2 2022]

Whenever a company starts done the patent wars road you know that they have run out of steam.

[The Dude]

Spoken like a poor crocked tooth Brit