Friday, August 24, 2012

Apple Inc, wins $1bn patent suit against Samsung for copying critical features of iPhone and iPad, Both companies hold more than half of world's smartphone market share


Apple Inc, wins $1bn patent suit against Samsung for copying critical features of iPhone and iPad, Both companies hold more than half of world's smartphone market share 




Apple and Samsung, two companies that sell more than half the world's smartphones and tablets

According to the latest information Apple scored a sweeping legal victory over Samsung on Friday as a U.S. jury found the Korean company had copied critical features of the hugely popular iPhone and iPad and awarded the U.S. company $1.051 billion in damages.

The jury deliberated for less than three days before delivering the verdict on seven Apple patent claims and five Samsung patent claims -- suggesting that the nine-person panel had little difficulty in concluding that Samsung had copied the iPhone and the iPad.

Earlier on Friday, a South Korean court found that both companies shared blame, ordering Samsung to stop selling 10 products including its Galaxy S II phone and banning Apple from selling four different products, including its iPhone 4.

A number of companies that sell smartphones based on Google's Android operating system may now face further legal challenges from Apple, a company that is already among the largest and most profitable in business history.

The companies are rivals, but also have a $5 billion-plus supply relationship. Apple is Samsung's biggest customer for microprocessors and other parts central to Apple's devices.



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