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Samsung will now pay Apple $548 for lawsuit.

  shahid nazir

Samsung will now pay $548 to Apple for legal case filed 5 years back for the infringement of patents. After a huge amount of rehearing, petitions and sanctions, Samsung has finally agreed to pay $548 million to Apple. Both companies have filed this case at USDC (United States District Court) in the Northern District of California, where the Samsung states it “has made arrangements to complete payment to Apple.”

Samsung will now pay Apple $548 for lawsuit.

Samsung will now pay Apple $548 for lawsuit.

The South Korean tech giant is now looking at the invoice from the Apple. The damages are likely to get paid by December 14. However, in the case management statement, Samsung hope that the hearing may turn to its favor and company reserve the right to seek full or half payment as per judgment.

“Samsung continues to reserve all rights to obtain reimbursement from Apple and/or payment by Apple of all amounts required to be paid as taxes. […] Samsung further reserves all rights to reclaim or obtain reimbursement of any judgment amounts paid by Samsung to any entity in the event the partial judgment is reversed, modified, vacated or set aside on appeal or otherwise, including as a result of any proceedings before the USPTO addressing the patents at issue or as a result of any petition for writ of certiorari filed with the Supreme Court. Samsung notes that the Patent Trial and Appeal Board has issued a final decision of invalidity on the ’915 Patent, and Apple filed a notice of appeal to the Federal Circuit in the USPTO last week.”

Obviously, in the case management statement, Apple has also stated that it “disputes Samsung’s asserted rights to reimbursement.” Still, there is more to come on court battle between Apple and Samsung as despite of filing notes from transfer of money and agreeing over it, the final settlement is yet to be made.

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