Jury says Samsung owes Apple another $290 million
A jury in the new settlement trial, part of the Apple vs. Samsung trial, has determined that Samsung owes Apple an additional $290 million, on top of the $600 million that they already owed at the conclusion of the original trial. The previous amont had been $1 billion, but Judge Koh had vacated $450 million of that. The new amount is less than Apple was asking for, but much more than Samsung had hoped to pay, according to All Things D:
Apple had argued it was due a further $379 million, while Samsung maintained it should only owe $52 million for the portion of damages being reconsidered. Barring a successful appeal, Samsung also owes roughly $600 million in damages from the original verdict as well.
This isn't the end of the litigation between the two companies. A new trial, again before Judge Lucy Koh, is set to begin next year. The new trial concerns a new set of Samsung devices not covered in the original case. Both Apple and Samsung are appealing portions of the original case, hoping to get more favorable outcomes.
Do you think this settlement is fair? Let us know below in the comments.
Source: All Things D