Samsung agrees to pay $ 548 million to Apple as compensation for damages





Samsung was facing Apple in the courts over the past few years, and was asked from Samsung to paid more than $ 1 billion in compensation for the damage to Apple, although it has been reduced the fine by the courts.

Now, Samsung agreed to pay 548 million US dollars in compensation for the damage to Apple, the Korean company said it would pay the compensation within 10 days from the date of receipt of the invoice from Apple, but this agreement comes with some conditions. In fact, Samsung has done it will retain the right to recover its costs if there are any further developments between the ongoing case between the two companies. Samsung basically says that if the court decided to reduce the damage, it want to restore her money.

The first case between Apple and Samsung began in 2011, there have been a number of cases during the past few years between the two companies. Samsung is also seeking to reduce the fine to less than $ 300 million, but it will become clear whether Samsung will succeed or not in the current trial between the two companies.



source

Post a Comment

0 Comments