Samsung Agrees to Pay $548 Million in Apple Damages

A lengthy chapter in the Apple vs. Samsung patent dispute is about to close: Samsung has agreed to pay the iPhone maker a lot of money, having been found guilty of infringing Apple’s patents, reports Florian Müller of Foss Patents.

As it turns out, Samsung and Apple have filed a joint case management agreement with the US District Court for the Northern District of California, in which the South Korean manufactures says it “has made arrangements to complete payment to Apple.” In fact, Samsung is waiting for Apple’s invoice for the $548 million it has to pay and has agreed to clear it by December 14.

“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. Samsung notes that the Patent Trial and Appeal Board has issued a final decision of invalidity on the ‘915 Patent, and Apple filed a notice of appeal to the Federal Circuit in the USPTO last week.”

That means more than half a billion dollars in Apple’s bank account after fighting in court for years. However, this money will not necessarily remain in Apple’s account, because Samsung continues to reserve all rights to obtain reimbursement from Apple. Of course, the latter disputes Samsung’s asserted rights to reimbursement, so we’ll have to wait and see whether the tech giants find another reason to continue this lengthy legal battle.