Mostly Cloudy
24°CMon :Scattered Thunderstorms. High: 32 Low: 21

Apple case: Samsung’s $1 billion bill reduced by $450 million

Apple case: Samsung's $1 billion bill reduced by $450 million

Washington: A US judge has erased nearly half of the one billion dollars in damages that a jury decided Samsung should pay Apple, a report has said.

US District Court Judge Lucy Koh lowered the damages awarded to Apple Inc. by 450.5 million dollars, saying jurors had not properly followed her instruction in calculating some of the damages.

The ruling came in a high-profile trial over the rights to the design and technology running some of the world”s most popular smartphones and tablet computers.

She also concluded that mistakes had been made in determining when Apple had first notified Samsung about the alleged violations of the patents for its trend-setting iPhone and IPad.

The ruling reduced Samsung Electronics’ bill to just under 599 million dollars, Fox News reports.

Koh also ordered a new trial on Apple”s allegations that Samsung stole its ideas for more than a dozen different smartphones and tablet computers that include several models in Samsung”s hot-selling Galaxy line-up.

According to the report, the new trial leaves open the possibility that Samsung”s damages bill could rise back up toward one billion dollars, or even higher, depending on the findings of a new jury.

 

Top Stories

Hyundai

Hyundai deals down 8% to 48,111 units in August

September-01-2014
Hyundai Motor India Ltd (HMIL) today reported 8% decrease altogether deals at 48,111 units in August 2014. The organization had sold 52,319
relaiancecapital1--621x414

Reliance Group to request new banking license permit with Nippon

September-01-2014
Mumbai: Reliance Capital Ltd, some piece of the Anil Ambani-controlled Reliance Group, said on Monday it will request another keeping money permit
1365433816-0319

United Bank of India announces Kingfisher Airlines wilful defaulter

September-01-2014
The United Bank of India on Monday announced the grounded Kingfisher Airlines and executive Vijay Mallya an alleged ‘wilful defaulter’, making it
264144-rajnath

Rajnath Singh has no arrangements to meet Pak partner at SAARC: Home Ministry

September-01-2014
The Home Ministry today rejected reports that Rajnath Singh has arrangements to meet his Pakistani partner on the sidelines of the SAARC
36280888.cms

Nifty Hikes to 8,000 for First Time on GDP Boost

September-01-2014
BSE Sensex and Nifty surged to record highs after monetary development in the first quarter hit a nine-quarter high. Information discharged on
modi.222jpg

Japan invites Modi, talks underway to sign safeguard, exchange settlements

September-01-2014
Tokyo: Prime Minister Narendra Modi was agreed an authority welcome by the legislature of Japan on Monday. Joined by Japan PM Shinzo