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Samsung v. Apple: The (South Korean) verdict is in
CNN ^ | August 24th, 2012 | CNN

Posted on 08/24/2012 6:06:47 PM PDT by SmokingJoe

(CNN) – A South Korea court ruled that both Apple and Samsung violated each other’s patents, in a case that mimics legal battles between the electronics giants around the world.

The Seoul District Court ruled that Samsung must pay $33,350 for infringing two of the intellectual property rights for Apple’s iPhone and iPad. Apple was found to have infringed Samsung’s Wi-Fi technology, and must pay $22,000 in damages.

The court banned sales in South Korea of Apple’s iPhone 4 and iPad 2, Samsung’s Galaxy SII and Galaxy Nexus smartphones and Galaxy Tab and Galaxy 10.1 tablet computers.

Both Samsung and Apple may appeal the lower court decision.

The decision comes as a jury in California decides a similar patent case in the U.S., with much higher stakes for the companies.

Apple accuses Samsung of copying the design of the iPhone and iPad, and is suing Samsung for $2.5 billion. Samsung denies any wrongdoing and is counter suing Apple for $519 million, also for patent infringement

(Excerpt) Read more at business.blogs.cnn.com ...


TOPICS: Business/Economy; Miscellaneous; News/Current Events; Technical
KEYWORDS: apple; galaxyiphone; sansung

1 posted on 08/24/2012 6:06:58 PM PDT by SmokingJoe
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