In the end Samsung has to pay Apple $1 billion for damage (not by sending 30 trucks full of 5 cent coins)
Two days ago Samsung tried to stop damages retrial based on the USPTO comment that Apple’s ‘pitch to zoom’ patent may not be valid in which case Apple was required to present more documentation in order to prove them wrong. Unfortunately for Samsung Judge Lucy Koh has already denied such request of patent investigation once. As the final invalidation is in at least 18 months, Apple has plenty of time to oppress the Korean company with more legal challenges.
So far, the new trial set to reduce the damages awarded to Apple last year was to determine exactly how much money does Samsung have to pay Apple for, what they call, ‘overestimated damages’ . According to the Korean company, $52 million are more than enough of a compensation to cover it all. On the other side of the ring, Apple declared that the trial has never been about patent and money, but for something more. In a statement they shared that the case centres on the hard work and the innovations that can’t go under a price tag and Samsung violating those values have to pay. As modest as Apple seem by claiming the trial is about principles more than money, they’ll take the money anyway. Luckily for the hard-working innovators, the jury decided that Samsung owes additional $290 million that is almost $100 million less than what Apple requested and approximately $50 million over what Samsung suggested. Meanwhile, the Korean company doesn’t have much time to breathe since it owes $600 million more for damages from the original trial.
After the jury was dismissed, the total damages from the two cases that Samsung has to pay Apple sum up to $929.83 million. Ouch!
Just two hours ago some crazy rumors spread on the entire network suggesting that Samsung tried to pay Apple its $1 billion by sending 30 trucks full of 5 cent coins. According to some publications Lee Kun-hee, the chairman of Samsung refuses to be intimidated by a group of geeks with style and playing dirty requires at least two sides. According to the rumors, the Chairman had said ‘You can use your coins to buy refreshments at the little machine for life or melt the coins to make computers that are not my problem; I already paid them and fulfilled the law. A total of 20 billion coins, delivery hope to finish this week.’ In the end, the story originates on a meme posted in 9gag, but some sources decided to have fun with the fake news to see how things will escalate and in a matter of one hour, the websites stroke the joke as official news. I love the Internet!