Friday, August 24, 2012

Apple Inc. (NASDAQ:AAPL) & Samsung Both Culprits Of Patents Infringement, says South Korean court

A court in Seoul ruled on Friday that both Samsung had Apple Inc.(NASDAQ:AAPL) had violated each other's technology patents and imposed a partial ban on the products of both companies in South Korea.

Analysts said that the ruling offered no advantage to ether of the companies. The three judge panel sad that Apple had violated two Samsung patents while Samsung had violated one of Apple’s.

The ban on sales has been imposed on those products that infringe on patents.

Get Live Updates on Ongoing Patent War Here

The ruling also makes Apple liable to pay Samsung $35,000 and for Samsung to pay Apple $22,000.

The produces which will be affected by the ban are iPhone 3GS, iPhone 4, iPads 1 and 2, Galaxy S2 and other products.

While analysts expressed surprise at the scale of the ban, they said that the outcome of the verdict in a federal court in San José will have more serious implications for the two companies, where they might face the prospect of a ban on sales in the United States.

The Seoul lawsuit was part of a global fight over patents between the two largest smartphone makers. They are engaged in legal cases in about a dozen courts over four continents, most of it having to do with patent infringements. The biggest stakes are in the US, however, where the two companies are locked in a $2.5 billion legal battle in San Jose, California.

The jury is expected to deliver its verdict on Friday.

Shares in Samsung closed up 1.8 percent on Friday. Apple shares had closed down about a percent on Thursday.

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