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Apple Wants Samsung to Pony Up $1 Billion to Settle Patent Dispute

Tony Owusu

patent lawsuit against Samsung is entering its final phase, with the Cupertino-based company seeking $1 billion in damages from its South Korean counterpart. Apple claims that Samsung infringed on three of its patents, and is seeking damages equivalent to the profit it claims Samsung made off of its design patents. Samsung, meanwhile, is hoping to convince the jury to cap the damages it has to pay at a much lower level, arguing that the penalty should only apply to the specific components of its devices that infringed on Apple's patents.