Site icon MacDailyNews

Samsung may help Apple escape a $533 million verdict

“Samsung Electronics Co. may end up saving arch nemesis Apple Inc. about $533 million,” Susan Decker reports for Bloomberg.

“That’s how much Apple was told to pay after a jury in February said its iTunes service infringed patents owned by Texas licensing firm Smartflash LLC,” Decker reports. “That’s how much Apple was told to pay after a jury in February said its iTunes service infringed patents owned by Texas licensing firm Smartflash LLC”

Decker reports, “If a review board at the U.S. Patent and Trademark Office tosses those patents, it will not only benefit Samsung but also Apple — the company it spent four years battling over smartphone technology on four continents.”

Read more in the full article here.

MacDailyNews Take: The “arch nemisis” who grants it multi-billion-dollar chip fab and display orders every year.

[Thanks to MacDailyNews Reader “M J Miller” for the heads up.]

Related articles:
On heels of $532.9 million verdict, Apple hit with second lawsuit from Smartflash – February 27, 2015
Apple plays the odds for overturning rocket docket’s $533 million verdict – February 26, 2015
Rocket docket jury orders Apple ordered to pay $532.9 million in patent trial; Apple to appeal – February 25, 2015

Exit mobile version