The Traderszone Network

Published in TZ Latest News 2 May, 2014 by The TZ Newswire Staff

U.S. jury orders smartphone maker Samsung to pay Apple $120 million

A U.S. jury on Friday ordered Samsung Electronics Co Ltd to pay $119.6 million to Apple Inc, far less than Apple had sought and marking a big loss for the iPhone maker in the latest round of their globe-spanning mobile patent litigation. During the month-long trial in a San Jose, California, federal court, Apple accused Samsung of violating patents on smartphone features including universal search, while Samsung denied wrongdoing. On Friday, the jury found the South Korean smartphone maker had infringed two Apple patents. Apple and Samsung have been litigating around the world for three years.