The seven-year-long patent dispute over the design of their rival smartphones has finally come to an end. Though any of the tech conglomerates didn't disclose the deal behind the compromise. The fight started in 2011, when Apple sued its South Korean competitor, seeking more than $2 billion in damages.
The settlement comes weeks after a US jury adjured Samsung to pay $539m (£403m) in damages to Apple for copying features of the original iPhone.
Before that, US court compensated Apple by ruling Samsung to pay $1.05bn in damages for the copied features from Apple that included design elements. Later, Samsung moved to Supreme court regarding the staggering amount to be paid as Samsung argued about the limited infringement involved.
Then in 2016, the Supreme Court ruled the decision in Samsung’s favor, but the patent mess wasn’t solved and was left the decision with the lower court. The battle was dragged till May last year in which Samsung claimed to pay only $28 million. Sadly, the court directed Samsung to pay $539m, almost $140m more.
In a statement made in May last year, Apple said, “We believe deeply in the value of design, and our teams work tirelessly to create innovative products that delight our customers. This case has always been about more than money. Apple ignited the smartphone revolution with iPhone and it is a fact that Samsung blatantly copied our design. It is important that we continue to protect the hard work and innovation of so many people at Apple.
We’re grateful to the jury for their service and pleased they agree that Samsung should pay for copying our products.”
The patent skirmishes are not new for the Apple and Samsung. In the past, both the companies had directed patent infringement breach on each other. In one of the patent battles, Apple won $120 million over violations of its slide-to-unlock patent and several other features. The ruling left a massive void between Apple and Samsung. There were other lawsuits also that were making rounds but both the companies decided to settle the dispute in 2014.
From leading business houses to budding startups, everyone can bank on us for all their future insights.A look at our mighty stats is a proof enough of our intentions to drive emerging advancements in the mobile industry and reinventing digital media in every possible way JOIN US!