Apple Inc. (NASDAQ:AAPL) won’t quit going after Samsung. The Cupertino-based tech company recently added the new Samsung Galaxy S4 to their patent infringement lawsuit. The list includes a total of twenty-two Samsung products like Galaxy Note products, Galaxy S II, and Galaxy S III. Apple Inc. (NASDAQ:AAPL) hopes to banish all products from stores and online retailers.
Just mere weeks ago, Samsung launched the Galaxy S4 and it’s essentially just a revamped version of the Galaxy S III. The filing for Apple Inc. (NASDAQ:AAPL) claims, “”Based on Apple’s analysis of the Galaxy S4, Apple has concluded that it is an infringing device and accordingly intends to move for leave to add the Galaxy S4 as an infringing product. Upon the grant of such motion, Apple will eliminate (without prejudice) one of the Accused Products named herein, so that it will continue to accuse only 22 products of infringement at this stage of the litigation.”
Mangrove Partners Narrowly Avoids “Extinction-Level Event”
Nathaniel August's Mangrove Partners is having a rough 2020. According to a copy of the hedge fund's August update, a copy of which ValueWalk has been able to review, for the year to August 5, Mangrove Funds have returned -38%. Over the trailing 12-month period, the funds returned -44%. The S&P 500 produced a positive Read More
To prepare for the upcoming trial, both Samsung and Apple Inc. (NASDAQ:AAPL) were requested to narrow out their list of complaints. This is to narrow out the scope of the complaints and hopefully speed up the proceedings. Apple’s filing further states that Samsung has attempted to limit their exposure in this particular case as they demanded that Apple list the infringing devices on each carrier as separate products.
The new trial is set to start March 2014. Last summer, Apple Inc. (NASDAQ:AAPL) won the first round of the battle when the judge demanded that Samsung pay them $1.05 billion. This upcoming case will likely be another win for Apple Inc. (NASDAQ:AAPL). The company did, after all, invent the technology that Samsung now uses for their best-selling smartphones and tablets. Perhaps Samsung should just try to work with Apple Inc. (NASDAQ:AAPL) for a settlement agreement. This would save both companies a lot of time and money.