Just In
- 3 hrs ago Apple Confirms Special Event for May 7: iPad Air, iPad Pro 2024 Models Expected
- 12 hrs ago Xiaomi Robot Vacuum Cleaner S10, Handheld Garment Steamer, and Redmi Buds 5A Launched in India
- 13 hrs ago Lenovo Unveils IdeaPad Pro 5i Laptop With Intel Core Ultra 9 Processor – Check Price, Specs
- 13 hrs ago Lava ProWatch Zn, ProWatch Vn Smartwatches Launched in India: Check Price, Specs, Availability
Don't Miss
- Finance Indian Railway Finance Corp IRFC: Top NBFC Railway Stock Advised To BUY; Short-To-Long Term Target Prices
- Sports Most Sixes in IPL 2024 After CSK vs LSG Match: Top 10 Players And Teams To Hit Most Sixes As Of April 24
- News Senator Lambie Calls For Elon Musk's Imprisonment Over Wakeley Church Stabbing Posts
- Movies Mirzapur 3 OTT Release Date, Platform: When Will Mirzapur Season 3 Premiere On Amazon Prime Video?
- Education Telangana Inter Manabadi 1st and 2nd Year Results 2024 to be Declared Tomorrow
- Automobiles Chrysler Pacifica Marks Seven Years As Most Awarded Minivan With New Campaign
- Lifestyle Anant Ambani-Radhika Merchant's Wedding Function Details Are Out, Check out Ambani Bahu-To-Be's Chic Fashion!
- Travel Kurnool's Hidden Gems: A Guide To Exploring India's Lesser-Known Treasures
Samsung agrees to pay $548 million to Apple over infringement of Patents
Samsung and Apple have been battling it out in the courts over patent infringement. Both Apple and Samsung have been mired in legal consequences over infringement of each other's patents. While Apple has won against Samsung in courts in the US, Samsung won cases in South Korea and UK.
SEE ALSO: Rumored Apple 4-inch iPhone with A9 CPU, Apple Pay slated for mid-2016 release
Apple has long mired with Motorola Mobility over patents, Apple has also filed cases against Samsung.Surprisingly, Apple is yet to file cases against Xiaomi for patent infringement.
Samsung has agreed the settlement to the tune of $548 million. Almost a year ago, the settlement amount had come to almost $1 billion. However, stating that there was a error in the calculation, the case was delayed. Now the calculation seems to have been reworked. Samsung is waiting for an invoice from Apple and Samsung will pay the amount due for patent infringement. Apple-owned patents include iPhone.
Samsung had earlier requested an appeal to go further with the US court. This was after the US courts rejected Samsung's appeal to pay damages to Apple to the tune of millions of dollars.
Samsung has confirmed that it will pay Apple after it receives an invoice from the company.The payment will be sent within 10 days of receiving the invoice. Samsung also said that reserved the right to collect reimbursement if there are further developments in the case with Apple.Apple had initially filed cases against Samsung in 2011 over patent infringement for Mobile phones and tablets.
-
99,999
-
1,29,999
-
69,999
-
41,999
-
64,999
-
99,999
-
29,999
-
63,999
-
39,999
-
1,56,900
-
79,900
-
1,39,900
-
1,29,900
-
65,900
-
1,56,900
-
1,30,990
-
76,990
-
16,499
-
30,700
-
12,999
-
14,999
-
26,634
-
18,800
-
62,425
-
1,15,909
-
93,635
-
75,804
-
9,999
-
11,999
-
3,999