Samsung has agreed to pay Apple $548 million for the ongoing legal battle involving alleged patent infringement, according to a FOSS Patents (fosspatents.com) report.
In a jointly filed case management statement submitted to the U.S. District Court for the Northern District of California, Samsung said it “has made arrangements” with Apple to complete a damages payment totaling $548,176,477. Payment will take place 10 days after Apple sends an invoice, which translates to Dec. 14 if the document is delivered by Dec. 4 local Korea time.
However, Samsung says it “continues to reserve all rights to obtain reimbursement from Apple and/or payment by Apple of all amounts required to be paid as taxes” and “reserves all rights to reclaim or obtain reimbursement of any judgment amounts paid by Samsung to any entity in the event the partial judgment is reversed, modified, vacated or set aside on appeal or otherwise, including as a result of any proceedings before the USPTO addressing the patents at issue or as a result of any petition for writ of certiorari filed with the Supreme Court.”
Apple adds that it “disputes Samsung’s asserted rights to reimbursement.”