The Upcoming
  • Culture
    • Art
    • Cinema
      • Movie reviews
      • Film festivals
    • Food & Drinks
      • News & Features
      • Restaurant & bar reviews
      • Interviews & Recipes
    • Literature
    • Music
      • Live music
    • Theatre
    • Shows & On demand
  • Fashion & Lifestyle
    • Accessories
    • Beauty
    • News & Features
    • Shopping & Trends
    • Tips & How-tos
    • Fashion weeks
  • What’s On
    • Art exhibitions
    • Theatre shows
  • Tickets
  • Join us
    • Editorial unit
    • Our writers
    • Join the team
    • Join the mailing list
    • Fund us
    • Contact us
  • Interviews
  • Competitions
  • Special events
    • Film festivals
      • Berlin
      • Tribeca
      • Cannes
      • Sundance London
      • Venice
      • London
      • Toronto
    • Fashion weeks
      • London Fashion Week
      • New York Fashion Week
      • Milan Fashion Week
      • Paris Fashion Week
      • Haute Couture
      • London Fashion Week Men’s
  • Facebook

  • Twitter

  • Instagram

  • YouTube

  • Tumblr

  • RSS


Apple seeks injunction that could raise Samsung’s damages payouts to $3bn

Apple seeks injunction that could raise Samsung’s damages payouts to $3bn
25 August 2012
Aimee Latimer
Avatar
Aimee Latimer
25 August 2012

Apple could stand to gain $3 billion in damages from Samsung if it is legally proven that Samsung “wilfully” infringed Apple’s patents. This amount would be the result of Apple seeking injunction against Samsung devices including tablets, smartphones and their Galaxy brand.

Apple continues to demand damages from Samsung over theft of intellectual property despite a $1billion payout. Photo: Samsung_ua

This news comes after an already ordered $1 billion payment in damages from Samsung to Apple over claims from both companies that the other had stolen intellectual property. Apple was first to make such accusations before Samsung promptly countersued. During the trial that took place in South Korea on 25th August 2012, Apple won nearly all counts against Samsung who in turn failed to win a single counterclaim. 

The competition for the latest technology is fierce between Samsung and Apple: The two powerhouse companies count for half the world’s smartphone sales. 

Apple is worth an estimated $400 billion and fast becoming one of the highest grossing businesses in the world. 

Samsung is worth an estimated $244 billion. Although the financial ripple for the company resulting from the payouts is unknown, it is likely Samsung will suffer a social backlash from consumers who have lost trust in the brand. 

The decision on whether 24 of Samsung’s devices will face an injunction order is predicted to take several weeks.

Samsung’s lawyer, Charles Verhoeven, warned the jury at the initial trial that industry competition would become stagnant should the monopolising Apple win the verdict. He criticised Apple at trial: “Rather than competing in the marketplace, Apple is seeking a competitive edge in the courtroom.” 

The case continues.

Aimee Latimer

Related Items

More in

Natural ways to stay healthy and beautiful

The editorial unit
Read More

Top four destinations to experience culture in Spain

The editorial unit
Read More

Top tools and tips you’ll need in order to brew your own beer at home

The editorial unit
Read More

Three women’s health facts you didn’t know

The editorial unit
Read More

10 cute sandals for spring

Sophie Cook
Read More

Justin Nozuka at the Garage

★★★★★
Bev Lung
Read More

Mayfly at the Orange Tree Theatre

★★★★★
Connor Campbell
Read More

Sherlock Gnomes premiere: A chat with James McAvoy, his co-stars and the film’s creators

Rosamund Kelby
Read More

The Outsider

★★★★★
Andrew Murray
Read More
Scroll for more
Tap

Tickets

Theatre tickets

  • Popular

  • Latest

  • TOP PICKS

  • Project Gastronomía: How will Londoners eat in 2050? A symposium on gastronomy and multisensory design
    Food & Drinks
  • Gregory Porter at the Royal Albert Hall
    ★★★★★
    Live music
  • Bat Out of Hell at the Dominion Theatre
    ★★★★★
    Theatre
  • Tribeca Film Festival 2018: On the red carpet with the stars of Westworld season 2
    Cinema
  • Half Breed
    ★★★★★
    Theatre
  • 10 cute sandals for spring
    Fashion & Lifestyle
  • Justin Nozuka at the Garage
    ★★★★★
    Live music
  • Mayfly at the Orange Tree Theatre
    ★★★★★
    Theatre
  • Sherlock Gnomes premiere: A chat with James McAvoy, his co-stars and the film’s creators
    Cinema
  • The Outsider
    ★★★★★
    Movie review
  • Sherlock Gnomes premiere: A chat with James McAvoy, his co-stars and the film’s creators
    Cinema
  • Tokio Myers at the Forum
    ★★★★★
    Live music
  • Beast
    ★★★★★
    Movie review
  • Lisa Stansfield at the London Palladium
    ★★★★★
    Live music
  • Bat Out of Hell at the Dominion Theatre
    ★★★★★
    Theatre

Instagram

Something is wrong. Response takes too long or there is JS error. Press Ctrl+Shift+J or Cmd+Shift+J on a Mac.
The Upcoming
Pages
  • Contact us
  • Fund us
  • Join mailing list
  • Join us
  • New London restaurant openings and pop-ups
  • Our London food map
  • Our writers
  • Subscribe
  • What, when, why

Copyright © 2018 FL Media Ltd