Apple Awarded $290 Million from Samsung in Patent Dispute

Apple (Nasdaq: AAPL) won more than $290 million in damages from Samsung Electronics for patent infringement in a retrial that replaced most of the amount slashed from the company's jury victory in 2012.

An eight-member jury decided the damages amount Thursday, Nov. 21, after a weeklong trial in federal court where Apple won a $1.05 billion verdict against Samsung last year over copying of technology used in smartphones.

U.S. District Judge Lucy Koh reduced $410.5 million from the damages in March after finding the original verdict was flawed because jurors miscalculated the period that the infringement by 13 Samsung devices occurred. In the retrial, Apple aimed to get back $380 million of the reduced amount, while Samsung countered to pay only $52 million because the features in dispute weren't the reasons most consumers chose to buy Samsung's devices instead of Apple's.

The world's top two smartphone producers have spent hundreds of millions of dollars in legal fees on claims of copying each other's features and products.

"For Apple, this case has always been about more than patents and money," Apple spokeswoman Kristin Huguet said in a statement. "It has been about innovation and the hard work that goes into inventing products that people love."

Apple's legal win this week brings total damages against Samsung to $929 million, including an order in March that awarded $599 million over 14 products and one in April for $40.5 million.
 

For more, see:
This Bloomberg article

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