View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Networks
December 7, 2015

Samsung agrees to pay Apple $548m

News: Two smartphone giants battle in the patents arena.

By James Nunns

The long-long running patent dispute between Apple and Samsung has been settled.

Samsung has agreed to pay Apple $548m (£362m) as part of the deal, although a US court will decide next year if Apple deserves more damages.

This payment comes as part of a larger $1bn damages award that Apple was granted in 2012, although this was reduced on appeal to $930m.

The complexity continued when this was then split into two parts, with $548m for technology patents and $382m regarding allegations that Samsung coped Apple‘s packaging.

Although Samsung has agreed to pay the $548, it is reserving the right to get its money back if there were any further developments in the case.

The South Korean company will pay Apple within 10 days of the company’s invoice to Samsung.

Content from our partners
Rethinking cloud: challenging assumptions, learning lessons
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU