Samsung has agreed to pay Apple $548m to finally settle a patent battle between the two firms dating back to 2010.
At one point Samsung was facing the threat of a $2.5bn fine in the case brought by Apple in 2011 claiming that Samsung had infringed its patents relating to technologies such as tap-to-zoom and multitouch. A jury agreed and said that Apple should receive just over $1bn in payment in a decision in August 2012.
However, this was subsequently lowered on appeal to $930m, and was then lowered again to the current $548m.
Samsung has now said that it will pay this amount if it receives a request for payment from Apple over the weekend. If this is received it will process the payment to be sent by 14 December.
The agreement was made in a joint statement issued to the court. “Samsung has confirmed to Apple that it will pay Apple the $548m partial judgement directly. Samsung indicates that payment should be complete within 10 days of delivery of Apple’s invoice to Samsung, which will take place on 4 December,” Apple said in its portion of the court motion.
Samsung agreed with this, but said that it wants to retain the right to reclaim the money if a court reverses the original judgement.
“Samsung further reserves all rights to reclaim or obtain reimbursement of any judgement amounts paid by Samsung to any entity in the event that the partial judgement is reversed, modified, vacated or set aside on appeal.”
Apple disagreed with this, saying: “Apple disputes Samsung’s asserted rights to reimbursement."
The filing could bring to an end a smartphone patent dispute that dominated the market for several years from 2010 to 2013.
However, this is only one aspect of the long-running battle between Apple and Samsung, as design-related patents are still in front of the courts. Damages as high as $382m have been awarded to Apple, although this figure is under appeal.
Insecticides based on sulfoxaflor might be as bad for bees as neonicotinoids
Intel teases forthcoming new graphics card accompanied by the text "We will set our graphics free"
Think your password manager is completely secure? Think again...
ARM plans 7nm 'Deimos' for 2019 and 5nm and 7nm 'Hercules' for 2020