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AAPL Apple Inc

182.6401
0.9301 (0.51%)
Last Updated: 18:24:22
Delayed by 15 minutes
Share Name Share Symbol Market Type
Apple Inc NASDAQ:AAPL NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.9301 0.51% 182.6401 182.64 182.65 184.8941 181.32 183.45 47,290,256 18:24:22

Apple and Samsung Settle Seven-Year-Old iPhone Patent Dispute -- Update

28/06/2018 3:46am

Dow Jones News


Apple (NASDAQ:AAPL)
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By Maria Armental 

Apple Inc. and Samsung Electronics Co. have quietly settled a dispute over Apple's design patents, putting an end to a costly, yearslong fight that tested some of the central claims of design theft and patent infringement.

The companies declined to comment on the terms of the out-of-court settlement, which comes nearly four years after they agreed to dismiss all patent disputes outside the U.S.

In documents filed Wednesday in a California federal court, the companies said they agreed to end litigation with prejudice, meaning another complaint can't be filed on the same claims.

Among some of the issues that were outstanding, and have now been dismissed, are Apple's request for additional damages from the sale of some Samsung phones following a 2012 jury verdict.

That verdict, which led to a rare design-patent challenge to the U.S. Supreme Court and was partially revised last month, found that 11 smartphone models from the South Korean electronics giant infringed Apple's design patents.

On Wednesday, a representative for Apple referred to a statement the company issued last month after Samsung was ordered to pay $539 million for the patent violations.

"This case has always been about more than money," the company said at the time. "Apple ignited the smartphone revolution with iPhone, and it is a fact that Samsung blatantly copied our design."

Samsung declined to comment.

Apple sued Samsung in 2011, accusing the South Korean company of ripping off the look and other design elements of its products. Samsung, Apple's top smartphone competitor and its main supplier for high-end smartphone screens, countersued.

As part of Wednesday's dismissal, each company is responsible for its attorneys' fees and legal costs.

Write to Maria Armental at maria.armental@wsj.com

 

(END) Dow Jones Newswires

June 27, 2018 22:31 ET (02:31 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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