Apple and Samsung have finally come to an agreement on how much money should be paid in a long-running patent dispute, with that figure coming to a pretty hefty $548 million. The story does not, however, end there.
In a court document that was filed on Thursday, it was revealed that Samsung has agreed to pay Apple $548 million, following a decision that Samsung had infringed on patents owned by Apple. In 2012, a judge ruled that Samsung would have to pay Apple over $1 billion, however, through appealing that decision Samsung has brought that amount down.
The catch in the new deal, however, is that while Samsung says that it will pay Apple the $548 million within 10 days after Apple sends the invoice, Samsung reserves the right to reimbursement in the event that a partial judgment on the case is modified or set aside on appeal. Not only that, but Apple has appealed the decision to set aside its pinch-to-zoom patent, which could affect the amount of damages owed to the company.
"While we've agreed to pay Apple, we remain confident that our products do not infringe on Apple's design patents, and we will continue to take all appropriate measures within the legal system to protect our products and our intellectual property," said Samsung.
Apple, of course, disputes Samsung's right to reimbursement. Not only that, but Apple also wants Samsung to pay an extra $1.8 million in court costs, which Samsung doesn't want to do.
While there is a glimmer of hope for the end of this case, it's clear that the case will drag on for quite some time, with neither side intending on agreeing with what the other side has proposed. The court filings also note that a settlement conference was held on Nov. 2, 2015, but did not result in a settlement.
