Apple and Samsung's long patent dispute is finally coming to an end. The two companies have reportedly settled the dispute that started way back in 2011. This news comes from a filing from the U.S. District Court in Northern California. The exact terms of the settlement were not given in the filing.
The last time we covered the dispute was when Samsung was ordered to pay Apple $539 million for copying the design of the iPhone. At that time, Apple was seeking $1 billion in damages. The $539 million was comprised of $533 million for violating design patents and $5.3 million for utility patent violations. This was after they had paid $399 million for patent infringement.
As mentioned above, we don't know the terms of this settlement. Apple has been going hard at the South Korean for 7 years now. Samsung has been on the losing side of many decisions and they are most likely will be paying more in this settlement. After the last ruling, they did not say if they planned to appeal the verdict. It would seem that they decided to settle this dispute once and for all. The two companies have not yet commented on this settlement.
Source: Reuters
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