Saturday, 5 December 2015

Samsung finally agrees to pay Apple $548 million, with a few caveats

Samsung finally agrees to pay Apple $548 million, with a few caveats

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.
Read more: http://ift.tt/1m4tTP8

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