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Briefing
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- $539 Million in Damages – U.S. District Court in San Jose, California decreed Samsung must pay Apple $539 million for infringing five patents for Samsung phones sold in 2010 and 2011
- Five Infringed Patents – Samsung to pay $533.3 million for three patents related to iPhone’s design and $5.3 million for infringing two utility patents
- Compensation – Samsung has already paid Apple $399 million for infringing some of patents in case, leaving company liable to pay additional $140 million
- Compromise – Apple initially asked jury to be compensated with one billion dollars in profit, while Samsung argued damages only amount to $28 million
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Accelerator
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Market Disruption
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Sector
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Consumer Durables, Information Technology
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Organization
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Apple Inc., Samsung
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Source
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Coldewey, D., "Jury finds Samsung owes Apple $539M in patent case stretching back to 2011",
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Shankland, S., "Samsung owes Apple $539M for infringing iPhone patents, jury finds",
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Baig, E., "Samsung ordered to pay Apple nearly $539 million in damages in longstanding patent dispute",
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Wolfe, J. and Nellis, S., "U.S. jury awards Apple $539 million in Samsung patent retrial",
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AcceleratingBiz analysis
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Original Publication Date
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May 25, 2018
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