Samsung Apple Lawsuit: Apple Wins Patent Lawsuit Against Samsung in UK

Samsung Apple Lawsuit: As you probably know by now, Apple Inc. (NASDAQ:AAPL) and Samsung are locked up in legal battles all over the globe. Yesterday, the Cupertino-based company one upped Samsung in a patent case in a UK court.

Apple Inc. (AAPL) to be Added to Several WisdomTree ETFsApple Inc. (NASDAQ:AAPL) is actually the smart money’s second favorite publicly traded company but hedge funds have started dumping Apple in favor of a surprising financial stock (see which stock hedge funds are buying like crazy).

According to ZDNet, “Judge Christopher Floyd ruled in a London court on Wednesday that Apple’s products do not infringe Samsung’s patents around the ability to send and receive information from a device over a 3G network.”

As you can see by this information, Samsung filed suit against Apple as it felt that the company was infringing on its patent to send and receive information over a 3G network.

While Apple Inc. (NASDAQ:AAPL) declined to discuss the verdict, here is what a spokesperson for Samsung had to say:

“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.”

With this latest claim invalidated, Samsung is starting to lose momentum in its battle to receive roughly 2.5 percent royalties on all sales of Apple Inc. (NASDAQ:AAPL) 3G devices.

Florian Muller, a software patents expert, spoke with ZDNet about the situation:

“On a worldwide basis Apple has now fended off 24 assertions of Standard-Essential Patents (SEPs) by Samsung. Samsung prevailed only on three such patents, two of them in Korea.”

“With every win Apple scores, Samsung’s demand for a 2.4 percent royalty on Apple’s sales of 3G-capable products looks more ridiculous.”

The two companies have been battling on legal turf since 2011. While there are many battles ongoing in the United States, cases have been based in various other countries including but not limited to the UK, Australia, France, and Japan.

What are your thoughts on this victory by Apple Inc. (NASDAQ:AAPL)? Share your opinion in the comment section below.

Check back here for more updates on Samsung Apple Lawsuit.

DISCLOSURE: I have no positions in any stock mentioned.

For more news stories, visit the following pages:

Apple Inc. Wants iPhone Monopoly Lawsuit Thrown Out

Apple Inc. Price Target Lowered by Barclay’s and Citi

Could Apple Inc. be Teaming up with Beats Electronics LLC?

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

The 20 Most Underrated Movies of All Time

The 10 Fastest Growing Companies in America

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!