Analysts who predicted that Samsung would get slaughtered by Apple in the biggest patent trial of the century so far, pat yourselves on the back. The jury’s verdict against Samsung on Friday was absolutely devastating in all respects as the jury found that Samsung violated multiple Apple patents with many of its big-name products. Click below for the full details.
The bottom line: Obviously, this is really bad news for Samsung. The jury ordered the company to pay Apple nearly $1.05 billion in damages for patent violations. What’s more, the jury found that Samsung willfully infringed upon five of the six patents asserted against it. Unless Samsung decides to radically redesign its phones, it’s hard to see how the company can continue selling smartphones without continued legal and financial hardships. It also sets a huge precedent in the wireless industry with competitors now realizing that they’re going to have to go back to the drawing board instead of copying Apple.
Via: BGR
The Tech Panda takes a look at recent funding events in the tech ecosystem, seeking…
The first time I heard about Bitcoin was in the summer of 2018 during a casual conversation…
Open source software is everywhere—used in almost every modern application—but the security challenges it faces…
Argentine President Javier Milei is facing impeachment after the cryptocurrency he endorsed called $LIBRA crashed…
India is targeting US$500 B in electronics production by 2030. Last year July, Niti Aayog…
The IMF predicts that more Indians will use AI every day than in any other…