US judge slashes $1b damages award to Apple in Samsung rights case
- {{x.value}}
{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}
{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}
{{ content.upgradeHeading.replace('{0}', user.FirstName) }}
The email address you entered is registered with InvestSMART
Please login to continue
We have sent you an email with the details of your registration.
Looks you are already a member. Please enter your password to proceed
{{ upgradeCTAText }}
Updating information
Please wait ...
Your membership to InvestSMART Group recently failed to renew.
Please make sure your payment details are up to date to continue your membership.
Having trouble renewing?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
You've recently updated your payment details.
It may take a few minutes to update your subscription details, during this time you will not be able to view locked content.
If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.
Still having trouble viewing content?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial
Please click on the ACTIVATE button to finalise your membership
Unsuccessful registration
Registration for this event is available only to Eureka Report members. View our membership page for more information.
Registration for this event is available only to Intelligent Investor members. View our membership page for more information.
- You are already registered for this event.
- This event is already full.
- Please select a quantity for at least one ticket.
- {{ i }}
Forgotten password
Please enter your email address below to request a new password
- Verify your email address by clicking on the link we sent to {{user.Email}}
- You now have free access, we look forward to helping you on your financial journey.
District Court Judge Lucy Koh lowered the damages awarded to Apple by $US450.5 million for 14 Samsung products including some in its hot-selling Galaxy line-up, saying jurors had not properly followed her instructions in calculating some of the damages.
She also concluded mistakes had been made in determining when Apple had first notified Samsung about the alleged violations of patents for the iPhone and iPad.
Judge Koh ordered a new trial to recalculate damages for those products. "We are pleased that the court decided to strike $US450,514,650 from the jury's award," Samsung spokeswoman Lauren Restuccia said. "Samsung intends to seek further review as to the remaining award."
Apple declined to comment.
The ruling reduced Samsung Electronics' bill to just under $US599 million. The judge said the tab will increase after the appeals of both companies are resolved.
Apple is seeking more damages and Samsung a complete dismissal of the case in the US Court of Appeals for the Federal Circuit, the Washington, DC-based court that handles all patent appeals.
However, the new trial to recalculate the damages could also increase the award.
Call 1300 880 160
Start a chat
Schedule a call
