Apple Wants More Than $1 Billion From Samsung

by Zak Islam on
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Apple is seeking an additional $707 million from Samsung on top of the $1 billion it was awarded in damages from the two technology company’s recent court case.

AppleInsider has the scoop:

The request was revealed in a filing made late Friday by Apple and summarized by intellectual property expert Florian Mueller of FOSS Patents. With Apple’s requested enhancements, supplemental damages and prejudgment interest, the company has asked the court for $1.756 billion from Samsung.

The additional $707,061,678 comes from an extra $135 million Apple seeks under the Patent Act, $400 million under the Lanham Act, $121 million in supplemental damages, and $50 million in prejudgment interest.

The filing means that a previous report out of Korea from last week, which claimed that Apple would seek an even larger sum from Samsung, was inaccurate. Mueller said that’s because Apple recognizes only some parts of the $1.05 billion in damages it was awarded by a jury are subject to enhancement.

“Apple is smart enough to know that asking for the moon without a legal basis wouldn’t do any good, neither in the court of law nor in the court of public opinion,” Mueller wrote. “Apple is defending its intellectual property, and not just being greedy.”

 


Categorized as Apple