Nokia announced today that an agreement with Samsung, pursuant to a binding arbitration process, was reached regarding compensation due to Nokia for a variety of patents being utilized by Samsung. The settlement is expected to yield Nokia approximately $200 million euros annually. Including some funds to be paid for previous periods while the case was underway, Nokia anticipates receiving slightly more than 1.0 billion euros for Samsung’s use of the patent portfolio. Despite the positive impact on Nokia’s bottom line, investors do not seem happy and were expecting a larger settlement. Read more
Like one of the scenes of the Grinch trying to cram every last bit of Christmas from Whoville in his sack, Apple strikes just before the holiday with a request to lighten the bank account of Samsung just a little bit more in their long-running patent battle. In a new court filing this week, Apple is asking the district court for another $180 in damages and interest. Read more
Earlier this month it was revealed Samsung agreed to pay Apple over half a billion dollar settlement from their historic patent battle of a few years ago. Samsung said they reserved the right to claw back some of the payment if a planned appeal to the Supreme Court was successful, indicating the case would continue despite the payment. Today Samsung filed an appeal with the Supreme Court concerning how the court handled design patent violations in the Apple case. Read more
Swatch may not be the first vendor that comes to mind when thinking about wearables, but happens to own a large sum of patents related to the technology.
In a new joint filing with the courts submitted by Samsung and Apple, Samsung has agreed to pay over half a billion dollars to Apple pursuant to the judgment against them in a patent dispute between the two companies. This “sort of” settlement comes nearly five years after Apple’s original complaint and several years after Apple succeeded at the trial court level. Thus far, Samsung had not paid a single penny on the original award that was over $1 billion, but now they have agreed to make a payment of $548 million, the current amount owed after a series of appeals and adjustments. Despite agreeing to this payment, Samsung thinks they are retaining the right to possibly get some of this money back at some time in the future, a point that Apple disagrees with. Read more
Samsung has filed for several new patents for some unorthodox smartphone designs, building off of the folding smartphone concept that everyone’s been speculating over for years now. Read more
Jawbone and Fitbit clearly do not like each other and the acrimony has erupted into a series of lawsuits between the two activity tracker manufacturers. The latest action is a counterclaim leveled by Jawbone against Fitbit alleging Fitbit’s patent lawsuit is frivolous. According to Jawbone’s filing, “Fitbit is knowingly and willfully misusing its patents as part of its efforts to protect its market power…The infringement allegations in both lawsuits are plainly meritless, and Fitbit had no reasonable basis for bringing either case.” Read more
HTC this week announced the One A9, and the design turned out to be a blatant copy of the iPhone 6/6S. HTC claims that it was actually Apple who copied the Taiwanese manufacturer, but Cupertino won’t be serving papers to HTC anytime soon either way.
Apple earlier was facing almost a billion dollars in fines for infringing on a University of Wisconsin-Madison patent that improved processor efficiency. Now, Apple has only been ordered to pay $234 million in damages, as a US jury has come to the conclusion that Apple did not infringe on the patent willfully.
Well folks, it looks like Apple is losing another patent lawsuit to the tune of $862 million in damages. A U.S. jury yesterday found that Apple used technology from the University of Wisconsin-Madison without permission.
This particular patent aims to improve processor efficiency.