Sunday, August 19, 2012

Samsung pulls out weapons, asks Apple for $421.8 million for patent infringement



The spotlight is on Motorola right now, as the Google owned company goes on the offensive trying to ban Apple imports. Samsung is pulling out its weapons too, though, and may be getting $421.8 million if Apple is proven guilty.
Sammy has brought three non-major patents to the table, related to e-mail, photo browsing and music playback. As Samsung is not losing sales due to said infringement, Apple would only have to pay for royalties. This means that it will be the same as if they had signed an agreement from the start, adding to $22.8 million in total.
Things get a bit rough once we look at Samsung’s standard-essential patents, which are not cheap to take care of. These patents would account for about 2%-2.75% of net profits, or between $290 and $399 million.
This war is far from being over, so both companies will want to juice each other out as much as they can. There is a possibility Motorola may be discriminating Apple due to their history of rivalry. Apple believes that Motorola should be more reasonable about standard essential patents and offer a sweeter deal. Plus, Cupertino doubts Motorola is charging other companies as much.
But then again, Apple’s demand of over $2.5 billion is also claimed to be an over-estimated figure. So both companies are to be blamed of getting dramatic. We should be seeing a conclusion soon(ish), so be sure that we will be here to let you know what happens.
[Via: The Verge]

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