Samsung to finally pay Apple $548M as part of endless patent case
24 12 2016After losing in the appellate phase, Samsung has finally agreed that it will pay Apple a $548 million partial judgement as part of the two companies’ longstanding patent battle.
According to a Thursday court filing, Samsung will pay the amount once Apple has submitted an invoice, which is due Friday. The payment is expected to be completed by December 14, at which point Apple will withdraw its motion to enforce the court’s judgment.
That $548 million amount was cut from an initial 2012 verdict that awarded $930 million to Apple.
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