Samsung will pay $ 1.05 billion to Apple after a Silicon Vally jury verdicts in the tech history most talked aboutsmartphone patent infringement case between the two tech giants.
The jury has awarded Apple over $1 billion dollars. Or $1,051,856,000, the Verge reports.
However, rejecting Samsung allegations of patent violation by Apple, the jury sees Apple owes Samsung zero in damages.
Not every product was found to have infringed on every patent that Apple named in its suit.
Apple filed a lawsuit against Samsung back in April, 2011, accusing the company of infringing on its patents, according to BusinessInsider.
“Apple accused Samsung of infringing on four design patents (two for the iPhone, one for iPad and one for iOS), as well as three utility patents. Apple is demanding $2.5 billion in damages from Samsung.”
“Samsung has since counter-sued, arguing that Apple has infringed on five of its patents, Samsung is demanding Apple pay a royalty rate of 2.4% on the “entire selling price” of its iOS devices for use of these patents. Apple argues that it should only have to pay one half of one penny per each mobile device it sells.”
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