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Samsung to pay Apple $290m

News Desk |
Update: 2013-11-21 23:18:43
Samsung to pay Apple $290m

DHAKA: A Silicon Valley jury has ruled that Samsung must pay $290m (£180m) to Apple for copying iPhone and iPad features in its devices.

This verdict comes after a previous jury found Samsung owed Apple $1.05bn for copyright infringement.

However, US District Judge Lucy Koh ordered a retrial because she said that jury miscalculated the amount Samsung must pay.

Samsung is expected to appeal.

Apple said in a statement: "For Apple, this case has always been about more than patents and money. It has been about innovation and the hard work that goes into inventing products that people love.

"While it`s impossible to put a price tag on those values, we are grateful to the jury for showing Samsung that copying has a cost."

The jury`s ruling covers 13 of the 26 Samsung devices that Apple had argued copied its technology. These are mostly older Samsung tablets and smartphones.

The $290m figure comes on top of the $550m Samsung owes Apple as a result of the initial verdict. In total, Apple has now been awarded close to $930m in the case.

Apple shares traded slightly higher on the news. Samsung closed down slightly earlier in the day.

Source: BBC
BDST: 1012 HRS, NOV 22, 2013
RS/BSK

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