Apple Inc. (NASDAQ:AAPL) wins another patent battle against Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930). This particular battle was over the Standard Essential Patent use in products, these patents have the ability to send and receive messages using at 3G-capable device.
Judge Christopher Floyd made the final decision on Wednesday. He ruled that Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) was wrong and Apple Inc. (NASDAQ:AAPL) didn’t infringe on their patents. Apple’s representative has yet to make a statement regarding the matter.
Yost Partners was up 0.8% for the first quarter, while the Yost Focused Long Funds lost 5% net. The firm's benchmark, the MSCI World Index, declined by 5.2%. The funds' returns outperformed their benchmark due to their tilt toward value, high exposures to energy and financials and a bias toward quality. In his first-quarter letter Read More
“We are disappointed by the court’s decision. Upon a thorough review of the judgment, we will decide whether to file an appeal. For decades, we have heavily invested in pioneering the development of technological innovations in the mobile industry, which have been constantly reflected in our products,” said a representative for Samsung.
According to patent expert Florian Mueller, Apple Inc. (NASDAQ:AAPL) has dodged twenty-four Standard-Essential Patents from Samsung whereas the latter only missed three patents and two of those were in Korea.
Mueller added that every time Apple Inc. (NASDAQ:AAPL) scores another win, Samsung’s request for 2.4 percent of Apple’s royalties looks more pointless.
The whole patent battle between the two tech giants started about two years ago when Apple filed a lawsuit against the South Korean company over IP patents. These patents concerned the infringement on user interface, design, and trademarks.
Despite Apple’s persistent allegations of Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) stealing their patents, the Galaxy S4 makers still produce similar products and applications.
The battle between the companies is expected to intensify as Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) is expected to introduce the Galaxy S4 smartphone later this month. There is still no word on when Apple Inc. (NASDAQ:AAPL) will release the iPhone 5S although a recent rumor suggests August. Both phones are predicted to be fairly decent upgrades from the last although nothing completely groundbreaking. These smartphones will no doubt will provide more fuel against each other in the courtroom. For now, it looks as if Apple Inc. (NASDAQ:AAPL) is the clear winner.