Apple was awarded $539 million in May by a United States jury; prior to the award, Samsung had already paid Apple $399 million, so Samsung had an outstanding payment of $140 million, according to Reuters.
The ruling, of course, didn't spell the end for Apple and Samsung's legal squabbles.
"They have agreed to drop [the lawsuits] and settle their remaining claims and counterclaims in this matter", District Court Judge Lucy Koh announced today. Today's settlement comes on the heels of another patent battle with Samsung, over the iPhone's slide-to-unlock functionality, in which Apple won $120 million in November of past year. Terms of the settlement were not given.
"We believe deeply in the value of design, and our teams work tirelessly to create innovative products that delight our customers". Apple ignited the smartphone revolution with iPhone and it is a fact that Samsung blatantly copied our design. The case revolved around a number of design and utility patents from the iPhone and its software that Samsung copied on its Android phones.
A jury convened for the original 2012 trial had determined that Samsung should pay Apple $1.05 billion.
Apple delivered the following statement last May when the case was first ruled on, and it referred The Verge to that statement once more.
The companies also collided in a second and separate 2014 trial in the same court over different patent-infringement claims of different Android phones.
Samsung appealed part of that award, taking its case all the way to the Supreme Court, arguing that damages should be limited since patent infringement involved only certain features.
According to The New York Times, the series of legal battles all stem from an initial 2011 lawsuit Apple filed against Samsung for using technology in the company's iPhone design.
In May, at the retrial in San Jose, Apple won a US$539m award in a jury verdict.
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