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Samsung to Pay Apple $548 Million Settlement in Five-Year Old Patent Trial

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Original poster
Apr 12, 2001
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Just under five years after the beginning of the patent dispute between tech giants Apple and Samsung, the companies yesterday agreed to a settlement of $548 million to be paid by Samsung, as ordered by the San Jose federal court hosting the trial (via FOSS Patents). Samsung is said to now be waiting for Apple's official invoice of the settlement, and if it arrives by the end of day on December 4, it has promised to send the $548 million in full to Apple by December 14.


Samsung found a slight loophole in its agreement to pay the Cupertino company, however, retaining the right to continue appealing the court system and even the ability to "reclaim or obtain reimbursement of any judgment amounts paid" by the company. So, if the court does agree to one of Samsung's appeals in the future, Apple could see some -- or all -- of the $548 million returned back to its rival.
"Samsung continues to reserve all rights to obtain reimbursement from Apple and/or payment by Apple of all amounts required to be paid as taxes. [...] Samsung further reserves all rights to reclaim or obtain reimbursement of any judgment amounts paid by Samsung to any entity in the event the partial judgment is reversed, modified, vacated or set aside on appeal or otherwise, including as a result of any proceedings before the USPTO addressing the patents at issue or as a result of any petition for writ of certiorari filed with the Supreme Court."
In its own part of the filing that made its way through the court system on Thursday, Apple noted that it "disputes Samsung's asserted rights to reimbursement." Earlier in August, Samsung announced plans to try and appeal the patent trial all the way to the United States Supreme Court, following a series of appeals it lost in the intervening years since the legal battle began in 2011.

Article Link: Samsung to Pay Apple $548 Million Settlement in Five-Year Old Patent Trial
 

H2SO4

macrumors 601
Nov 4, 2008
4,728
5,815
ye
So this isn't really a settlement.
Yes it is. If Apple have done something that doesn’t actually warrant being paid that money then it shouldn’t have been paid in the first place and it’s right to be returned.
 
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YoitsTmac

macrumors member
Aug 30, 2014
88
214
548 million for them is like, $10 to me. It's a lot of money for them, but sometimes you gotta decide whether the fight is worth the return
 
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Waxhead138

macrumors 6502
May 18, 2012
440
510
Too little too late. They've already made 50x this figure in profit from the stolen patents. This is Samsung's Mobile Division's business model.

From things I read in the past....not just the mobile division. I don't have the link, but I remember reading a similar story about a lawsuit involving them and Pioneer over home theater receivers. Steal, drag out in court forever, etc.

It's a company business model / tactic seemingly.
 
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azentropy

macrumors 68030
Jul 19, 2002
2,577
1,792
Surprise
Yes it is. If Apple have done something that doesn’t actually warrant being paid that money then it shouldn’t have been paid in the first place and it’s right to be returned.

Then it isn't really a settlement if the appeals process continues. The whole point of the judge trying to force Samsung and Apple to settle is so they can stop wasting the courts time!

Not sure why Apple would agree to this anyway. It isn't like Apple needs the money now. So why not just wait for the appeals process to run it's course rather than take money now and then maybe have to "refund" money later...
 
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co.ag.2005

macrumors 68020
Jun 17, 2009
2,348
1,757
Fort Worth, TX
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KPOM

macrumors P6
Oct 23, 2010
15,953
4,640
ye

Yes it is. If Apple have done something that doesn’t actually warrant being paid that money then it shouldn’t have been paid in the first place and it’s right to be returned.

But Apple disagrees that Samsung has that right. So if there is still a disagreement over the ultimate payment, this isn't really a settlement.
 
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ChrisA

macrumors G4
Jan 5, 2006
11,773
561
Redondo Beach, California
Maybe the Government of Monaco, the 2015 US Federal Budget was nearly $4 Trillion.

This is a problem with most people. They don't fully understand the difference between millions, billions and trillions. Because of this in times like election debates you see "solutions" to reduce the federal deficit by not having a $10M cost overrun on a metro rail project.

BTW $500M would fund some governments. My city Redondo Beach, California has about 135,000 residents and has a 107M budget for 2016.
 
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mdriftmeyer

macrumors 68040
Feb 2, 2004
3,292
1,020
Pacific Northwest
This is a problem with most people. They don't fully understand the difference between millions, billions and trillions. Because of this in times like election debates you see "solutions" to reduce the federal deficit by not having a $10M cost overrun on a metro rail project.

BTW $500M would fund some governments. My city Redondo Beach, California has about 135,000 residents and has a 107M budget for 2016.

The other problem is when a $4 Trillion Federal Budget is being report when that is not the budget, but overall Expenses of previous obligations combined with the actual yearly budget. The 2015 US Budget proposed and passed was just over $1.2 Trillion. The overall expenditures was over $3.6 Trillion, thusly the $2.4 Trillion came from past obligations owed.
 
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MH01

Suspended
Feb 11, 2008
12,107
9,298
So blatant copying costs a corporation $500 million, Beats sells for 3 Billion..... Hmmm
 
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