Samsung To Fight $1 Billion Court Ruling In Apple Patent Dispute

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via CNN

Samsung plans to challenge a U.S. court ruling that recommends more than $1 billion in damages to Apple over a patent dispute.

A federal jury recommended Friday that Apple be awarded the damages after finding Samsung guilty of “willful” violations of a number of Apple’s patents in the creation of its own mobile products.

In a statement, Samsung said it will “move immediately to file post-verdict motions to overturn this decision in this court, and if we are not successful, we will appeal this decision to the court of appeals.”

The jury did not recommend awarding Samsung any money in its counterclaims that Apple had violated some of its patents.

“This is a huge win for Apple,” Mark Lemley, a Stanford law professor, said in an e-mail. The award “is just large enough to make it the largest surviving patent verdict in history.”

In aftermarket trading, Apple stock jumped more than $12 a share, to more than $675 a share.

Samsung said the verdict should be viewed “as a loss for the American consumer.”

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Article courtesy cnn.com

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