Friday, December 4, 2015

Samsung Agrees to Pay $548 Million to Apple Over Patent Lawsuit

Samsung Agrees to Pay $548 Million to Apple Over Patent Lawsuit

Almost 5 years after Apple originally filed the patent infringement complaint, Samsung has finally agreed to pay after going back and forth with appeal after appeal. In a recent statement, Samsung says they will pay Apple $548 Million in damages. Samsung says they “reserve all rights to obtain reimbursement from Apple”, but Apple says it “disputes Samsung’s asserted rights to reimbursement.”

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