Reconciliation of Apple's Samsung Patent Infringement Case | Ending Marathon Dispute for 7 Years

According to foreign media reports, according to foreign media reports, the latest documents from the District Court of North District of California showed that Apple and Samsung had reached a settlement on patent disputes that lasted for several years. However, the details of the settlement terms were not disclosed in the document.

An Apple spokesperson declined to comment on this. Samsung did not immediately respond to requests for comment.

However, the settlement agreement ended Apple's patent war against Samsung since 2011. Apple accused Samsung of 'blindly' copying the design of the iPhone and infringing Apple’s patent. In May of this year, the US jury decided that Samsung would Apple compensated Apple for US$539 million.

Samsung had previously paid Apple 399 million US dollars to compensate for its patent infringement. If the verdict is supported, Samsung will also need to pay Apple an additional fee of approximately US$140 million. According to Wednesday’s settlement agreement, Samsung must pay Apple’s amount. It is still not known.

Apple's share price rose by 0.3%, and its share price rose to US$184.79. The Nasdaq Composite Index fell by 1%. Samsung's stock price is not yet certain due to the fact that the Korean Exchange is not yet open.