Apple wins 1 billion dollar in patent suit against Samsung
Apple wins 1 billion dollar in patent suit against Samsung Defeat in a bitter patent wrangle Apple, its smartphone rival and biggest customer,...will dent Samsung-Electronics Co's $21 billion cashpile,... but could help cement its leadership in the global smart-phone market. A UnitedStates court has ordered Samsung , --- which sold around 50 million phones in April-June, almost twice the number of iPhones - to pay $1.05 billion damage s, [W0w] - - - after ruling that the South Korean firm infringed on some Apple patents. While the verdict was a big win for Apple, the damages are less than half the $2.5 billion compensation it sought - although that could yet be increased by the judge - and are just 1.5 percent of annual revenues from Samsung's telecoms business.