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#Samsung Will Pay #Apple $548 Million For Infringing Patents

Samsung Pays Apple

Samsung has finally accepted to pay the $548 Million fine for infringing the patents owned by Apple. However Samsung did not give up before without offering a tough fight. It tried its best to avoid paying Apple, but Samsung now says it will hand over the $548 Million it owes to Apple for infringing the patents and designs.

Samsung filed the papers in the Federal Court in San Jose, California on Thursday, saying that it will make the payment by December 14 2015, if Apple sends them an invoice.

Asked if it had done so, Apple declined to comment on Friday.

The final amount accepted is much less the amount stated in the original verdict, as the US appeals court last May decreased the amount by $382 Million.

Samsung has not given up hope even after agreeing to pay the amount, it has told the San Jose court that it expects to be reimbursed if it succeeds in the forthcoming appeal.

“We are disappointed that the court has agreed to proceed with Apple’s grossly exaggerated damages claims regardless of whether the patents are valid,” a Samsung spokeswoman said in a statement.

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