easternculture on 29/08/2012 - 22:36. Samsung Pays Apple $1 Billion in 5-cent Coins. A US court orders Samsung to pay Apple $1.05bn in damages after a patent dispute, and rejects claims Apple breached its rival's technologies. 2:33 PM August 29, 2012. Thread starter RCoon; Start date Nov 21, 2013; Status Not open for further replies. Apple and Samsung had one other major patent battle, which was first decided in 2014 but didn’t end until last year. Apple won a decisive victory on Friday in a lawsuit against Samsung, a verdict that will give Apple ammunition in a far-flung patent war with its global competitors in the smartphone business. I don´t really think so, where would Samsung get so many million 5 cent coins ? That should be less than $1bn. If Apple refused to accept these coins Samsung would have to take them back and pay Apple interest until the debt was determined. According to New-Hound.net, This morning more than 30 trucks filled with 5-cent coins arrived at Apple’s headquarters in California. The DSCC report cites unnamed sources and claims that Apple paid close to a $1 billion to Samsung.“The Apple payment likely turned what otherwise would have been an … On August 24, 2012, South Korean company, Samsung was ordered via a court ruling to pay rival Apple $1.05 billion after it was found to have “willfully infringed” on several of Apple’s patented devices. With the Apple TV app and Apple Music app, you can access your existing library of TV shows and movies, or find new programs to stream, buy, or rent in glorious 4K with HDR! Over 30 trucks were allegedly sent to the Cupertino company's headquarters, where the millions of coins were unceremoniously dumped. Initially, the security company that protects the facility said the trucks were in the wrong place, but minutes later, Tim Cook (Apple CEO) received a call from Samsung … An ongoing court case was settled between Apple and Samsung and a judge ruled Samsung must pay Apple the sum of $1 billion dollars. it´s illogical, there are videos of bunch of trucks loaded with tons of coins geting in Apple headquartes but that´s fake, that was just a rumor, we don´t know yet if Samsung had to pay such money to Apple Both Apple and Samsung are technology giants and such a high profile legal issue between them will take some time to sort out. References: Apple wins lawsuit against Samsung US Mint coin production figures Samsung updated their fingerprint sensor to a touch variant (because the Galaxy S5’s swipe sensor was garbage), essentially making it like Apple’s Touch ID. Richard ponders the ludicrous rumour that Samsung paid its Apple fine with coins, gets a bit excited for Ducktales Remastered and tops you off with game-changing Xbox One news 2) If Samsung tried to pay the fine in five-cent coins, Apple could legitimately tell the trucks to turn around and head back to Samsung (if the trucks weren't imaginary in the first place). With the Apple Music app, subscribers can stream over 60 million songs, playlists curated by world class music experts, and more. The funny part is that the signed document does not specify a single payment method, so Samsung is entitled to send the creators of the iPhone their billion dollars in the way they deem best. Therefore, the messages claiming that Samsung pays Apple $1 Billion in 30 trucks full of 5 cent coins is nothing but a hoax. After a court ruling in Apple’s favor, requiring Samsung to pay them $1.05 billion in a patent infringement case, rumors swirled that Samsung decided to send 30 trucks full of pennies or nickels in a spiteful move to pay up. Apple Inc. v. Samsung Electronic Co., Ltd. was the first of a series of ongoing lawsuits between Apple Inc. and Samsung Electronics regarding the design of smartphones and tablet computers; between them, the companies made more than half of smartphones sold worldwide as of July 2012.
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