Samsung to Pay Apple $548M for Patents - with a Catch
Dec 4, 2015, 8:38 AM by Eric M. Zeman
Samsung will send Apple a check for $548 million to settle its ongoing patent litigation, according to FOSS Patents. The companies filed paperwork with a California court on Dec. 3 in which Samsung said it "has made arrangements to complete payment to Apple." Samsung may be cutting Apple a check, but the company reserves the right to seek reimbursement "in the event the partial judgment is reversed, modified, vacated or set aside on appeal." This case goes back to April 2011, when Apple sued Samsung over a number of patent- and design-related infringements. Apple was eventually awarded $1.05 billion in damages after Samsung was found guilty of willfully infringing on Apple's intellectual property. That original sum has since been whittled down during the appeals process. Apple and Samsung have already settled the majority of other lawsuits between them. Whether or not this payment marks the end of the road for this particular case is unclear.
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