Monday, December 7, 2015

Samsung vs. Apple: Koreans will pay $ five hundred million penalty – Money.pl

Samsung by the end tried to avoid paying Apple’owi, but in the end it turned out that he would have to fork out cash from the company’s 548 million dollars, which is to blame for the violation of patents and designs its biggest competitor in the smartphone market.

In documents filed in federal court in San Jose, California at the end of last week, Samsung Electronics Co Ltd agreed to pay that amount until December 14 for Apple Inc., if an American company will send an invoice.

The company’s shares lost today in Seoul fourth day in a row. During the last four days they have fallen 4.5 percent. Market in London on Monday reacts to bad news dwuprocentowym decline in stock prices expressed in British pounds. During the year, shares on the London Stock Exchange have fallen 11 per cent., Which roughly reproduces the company’s net profit decline in the first three quarters of 2015 years (-13 per cent. In relation to the profit of the previous year).

Originally, Samsung had to pay even 930 million dollars, but the appellate court in May reduced this amount by $ 382 million relative to the verdict of 2012, which recognized the violation of patents and copy the appearance of the iPhone.

The next hearing on the remaining damage caused by violating the right products of the Korean company will be held in the spring.

Although the US court of appeals in the federal circuit in Washington authorized the damages with respect to Apple in May, Samsung appealed again the same amount to the same court. The appeal was rejected.

Now, Samsung agreed to pay, but reserved in court in San Jose, he expects the return of paid sums, if you succeed in the forthcoming appeal to the US Supreme Court regarding responsibility for the copying of patented surface patterns phones flattened edges and user interface iPhone, which was valued by the court at $ 399 million penalty.

The South Korean consumer electronics manufacturer has reserved the right to return the money in the future if it is decided the court for the patents and trade Commercial overriding one of Apple’s patents, in a case brought by Samsung in respect of gestures for touch screen controls.

Apple documents in the case objected to entering entitled to a refund and intends to appeal in the case.

– We are disappointed that the court agreed to proceed grossly exaggerated damage to Apple, without paying attention to whether patents in general are important – Samsung spokeswoman said.

See also: Facebook and Apple have to reckon with the National Clearing House. Regular transfers go to the junk

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