Almost five years after Apple originally sued
Samsung for infringing smartphone patents, it
seems like the South Korean manufacturer is
ready to pay up. In a joint court statement
from both companies, Samsung has confirmed that it will pay Apple $548 million before December 14th if it receives an invoice from the iPhone - maker before the weekend. After years of lawsuits and appeals, collecting more than half a billion dollars is a significant win for Apple.

But even as Samsung appears to capitulate, it's trying to claw back some cash. The statement notes that Samsung "continues to reserve all rights to obtain reimbursement from Apple," although in the same document, Apple disputes these rights.

Apple originally sued Samsung in the spring of
2011, just one of many cases at that time in
the sprawling smartphone patent wars. In
2012, a court found in Apple's favor, judging that Samsung had infringed the company's patents for features such as tap-to-zoom and
multitouch gestures.

Apple asked for $2.5 billion in damages
and was awarded just over $1 billion, but
various appeals from both parties have
bounced this figure back and forth over the
years, with Samsung whittling it down to $930 million and then $548 million,in May this year.

This is the figure it has now agreed to pay.
But, as ever, there are several flies in the
ointment for Apple. Not only does the joint
statement reserve Samsung's right to take
some of this money back in any future cases,
but this summer, the South Korean company
announced it would be requesting a US Supreme Court review of its legal case. Patent analyst Florian Mueller (who first spotted the joint statement), notes that if the court agrees to hear the matter, a retrial is likely. At the same time, the US patent office itself is under pressure for awarding certain patents to Apple in the first place. As Plato so presciently said: only the dead have seen the end of the smartphone patent war.
@Binoosmart

Source :

www.rollinggist.com/2015/12/samsung-finally-agrees-to-pay-apple-548.html

hmmm...




Back here, they told Hell-Tin-Hen to pay (how much be that seef) & people are begging for them after all they did to customers, huh

Apple with their foolish patents!
Only Apple will patent little things like tap to zoom, or even scrolling, and more annoyingly, the rounded edges patent.

Elxandre:
Apple with their foolish patents!
Only Apple will patent little things like tap to zoom, or even scrolling.

Lols

End time sue

#000000

AngryNigerian:
hmmm... Back here, they told Hell-Tin-Hen to pay (how much be that seef) & people are begging for them after all they did to customers, huh

Almighty Samsung is running helter-skelter, just because of $2bn and you expect little MTN to be able to pay $4bn up easily?
I see MTN ng folding up at last.
FYI, this fine is one of the largest in world history.

Elxandre:
Almighty Samsung is running helter-skelter, just because of $2bn and you expect little MTN to be able to pay $4bn up easily?
I see MTN ng folding up at last.
FYI, this fine is one of the largest in world history.

No mind them. I can bet my life that MTN would not pay that fine, simply because they cannot. Not even half, not even quarter of it. The so-called fine is just a political, noise making episode. What exactly the ineffectual NCC is trying to achieve I don't know. If they were really serious about a fine, something like $50 million would have been realistic, even though MTN would still have struggled to pay that.

I suspect that some shadowy political/highly connected local business oligarchs in Nigeria are trying to force MTN to relinquish majority stakes in MTN Nigeria to them. Old mafia Lords like Pascal Dozie would certainly be part of this. At the end of the day, such an under the table arrangement would settle the matter.

Pay billion dollar wetin. Bunch of retarded jokers.

#000000

Elxandre:
Apple with their foolish patents!
Only Apple will patent little things like tap to zoom, or even scrolling, and more annoyingly, the rounded edges patent.

lol...all these american companies are so proud ehn