Samsung Will Take Apple to the Supreme Court
In the battle of Apple vs. Samsung, Apple has been the aggressor in legal cases for the past three years. Now, however, it appears as though Samsung is taking a stab at Apple, and they’re taking it all the way to the Supreme Court.
After being denied an appeal by the U.S. Federal Circuit Court of Appeals, Samsung sought a higher power in its case against Apple. Samsung is fighting to reduce or eliminate the fees it incurred after a three-year series of lawsuits from Apple.
The South Korean phone maker was originally ordered to pay Apple $1 billion for iPhone patent infringements in 2012. But several appeals and a partial retrial has reduced that amount to $548 million. This appeal to the Supreme Court could reduce that figure by another $400 million.
A separate case awarded Apple $119 million in damages caused by Samsung copying iPhone technology in other products.
With the much-anticipated arrival of Samsung Pay this year, the two phone companies will have yet another rivalry on their hands. Earlier this year, Samsung paid as much as $250 million to compete with Apple’s mobile wallet technology through its acquisition of LoopPay.
Will Samsung win its Supreme Court appeal? There is no way to say for sure, but the fact that the company has already managed to significantly reduce the original judgement does seem to put the cards in their favor.
This entry was posted in Credit Card News and tagged Apple , Samsung Pay , Samsung , LoopPay , Samsung patent infringement , Samsung mobile payments , Samsung and Supreme Court , Samsung Apple lawsuit , Samsung vs Apple
The information contained within this article was accurate as of August 26, 2015. For up-to-date
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