Samsung and Apple agree to drop legal disputes outside the US

Aug 6 2014, 12:57pm CDT | by , in News | Apple

Samsung and Apple agree to drop legal disputes outside the US
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The two companies said they were dropping all litigation outside the country.

The disputes between Apple and Samsung seemed far away from any settlement till a few days back but now it appears that the two major competitors have put their troubles to a rest; at least outside of the US. Both the companies surprised us when they announced this Tuesday that they were ready to drop all litigation outside the US. In a joint statement made to The Verge, the two companies stated "Samsung and Apple have agreed to drop all litigation between the two companies outside the United States. This agreement does not involve any licensing arrangements, and the companies are continuing to pursue the existing cases in U.S. courts."

Talking in terms of dollar figures, the US court cases have been one of the biggest international battles and through this all Apple has won over $1 billion in damages within the first trial between the two companies. The second trial was scheduled in May and it involved smaller figures as compared to the results of this trial. The jury concluded that both the companies had infringed on one another's patents and Samsung was taken off the hook for $119.6 million whereas Apple went down with $158,400. Surprisingly, the trials haven’t resulted in any of the products being banned on both sides.

source: theverge

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