Samsung Patent Debacle Nets Apple $290 Million

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Posted 3 years ago

HR

Samsung Patent Debacle Nets Apple $290 MillionThe patent dispute with Apple has had a verdict rendered. The verdict is that Samsung Electronics should pay out $290 million to the Apple giant. Samsung and Apple have been locked in battle in global patent infringement cases spanning multiple courts.

Apple had been after Samsung to pay them $380 million. Samsung conceded that they would conceivably pay $52 million for having used Apple’s “pinch to zoom” in  over a dozen products in the past.

Rich Casale

HR

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