Apple wants more more money from Samsung in patent case settlement

We know that Apple and Samsung are not exactly bosom buddies in the corporate environment, and here we are with word that the Cupertino-based company is looking for more dough (as if they do not have enough cash in their reserves already), knocking on Samsung’s door for another $535 million in damages as part of their patent case settlement against the South Korean consumer electronics giant.

This would be in addition to the $1.05 billion that Apple was awarded in the court of law after a jury ruled in favor of Apple, claiming that Samsung did indeed infringe on half a dozen of Apple’s phone patents. I guess all of that money was not enough for Apple, as they had asked for another $135 million under the Patent Act and $400 million under the Lanham Act, according to Bloomberg. Not only that, Apple also wants a permanent injunction to be issued against sales of the infringed products. All of these are starting to sound a little bit crazy to me (personally, not a representative view of the site), what about you?

Edwin Kee
Categories: General
Tags: Apple Inc, Samsung