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Apple and Samsung reach patent trial agreement

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Apple and Samsung reach patent trial agreement

A settlement in Apple and Samsung’s five year–long patent trial appears to have been reached, after the Korean tech firm pledged that if Apple submitted an invoice for $548 million it would be paid with ten days.

A fresh trial had been set to take place in 2016 at which US judges were to reassess what Samsung owed the Californian company.

The putative date for the hearing followed an earlier court ruling that the $930 million Samsung was previously deemed to owe Apple for breaching smartphone patents was too high.

Samsung had even suggested it would go to the US Supreme Court in order to cut down its payment.

Now, however, it seems next year’s trial will not be happening, with Samsung willing to pay up for infringing Apple’s intellectual property with its first wave of Galaxy smartphones.

One sticking point, though, could be the fact that Samsung says it will claim reimbursement if a future trial reverses any rulings passed down at a series of court dates over the past few years.

Apple says it does not agree and will not return any of the money, with a judge likely to be required in order to thrash out this final aspect of the dispute.

Either way, it appears the kernel of this long–running saga is now at an end.

Source:

9to5mac

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