Apple seeks $1 billion from Samsung for patent infringement
Apple is seeking $1 billion in damages from Samsung in a case that involves infringement of five patents by the South Korea-based technology giant. Apple claims Samsung reportedly made $3.3 billion in revenue and $1 billion in profit on the patent-infringing phones. Meanwhile, Samsung wants to limit damages to $28 million, calculated only on the value of the infringed parts.
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11:16 am on 17 May
Source: Inshorts
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