headerads

Monday, September 24, 2012

Apple Inc. (NASDAQ:AAPL) Seeks Ban On Samsung In The US, Damages Rounding Up To $707 Million


As per reports, Apple Inc. (NASDAQ:AAPL) has asked for a court order for a permanent sales ban on Samsung products in the US. Samsung is alleged to have infringed its patents apart from incurring additional damages of $707 million on top of the billion dollar verdict that was won by Apple last month.
Samsung has retaliated back asking for a fresh trial.

The top two smartphone makers in the world are intertwined in a number of patent battles in 10 countries as they seek to occupy the top spot in the lucrative, fast-evolving market.

Apple came out victorious in a legal dispute with Apple in August when a US jury found that Samsung had infringed crucial features of the iPhone. Apple was awarded $1.05 billion in damages.

In a motion that was filed on Friday, Apple wanted a further $400 million damage award for design violation by Samsung, $135 million for wayward infringement of its utility patents, $50 million for prejudgment interest on damages through 31st December and $121 million in supplemental damages based on Samsung’s product sales not covered in jury’s consideration. The total amount comes up to $707 million.

Will AAPL Hit $1000 This Year? Get Free Trend Analysis Here

Such a spectacular ban could end up in the extension of the injunction to cover the brand new Galaxy S III smartphone. 

Samsung asked for a new trial in a filing to the US court.

Samsung said that the constraints that were imposed by the court on trial time, witnesses and exhibits were unprecedented for a patent lawsuit of this magnitude and complexity. The constraints apparently restricted Samsung in presenting a fair case in response to claims made by Apple.

In a separate statement, Samsung lamented the fact that patent ruling must take into account issues like the shape of the product along with other technological points.

The Korean company said that it is unfortunate that patent law can be influenced to give one firm power of dominance over rectangles with rounded corners.

2 comments:

  1. Apple, please die a fast, painful death. Thanks for trying to kill all your competitors and set technology back 5 years with all your garbage products.

    And Apple customers: you are just as guilty as Apple itself (if not more)...remember, you are voting with your wallets! By continuing to buy their products, you are showing your support to this monopoly-striving patent troll.

    ReplyDelete
    Replies
    1. I'd rather see them suffer a slow painful death, watch their sheeple users who continually supply money to such a rediculous slowly realize their product was never as good as they thought it was. It's beyond rediculous to think people can be so incompitent to but a product that costs more but does less. I suppose that's just an indicator as to how far the world's IQ is dropping.

      Delete


Privacy Policy | Legal Disclaimer