Samsung and Apple settle 7-year patent legal battle

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On Wednesday, according to court documents filed, the two smartphone manufacturing giants chose to settle the case.

Terms of the settlement were not disclosed in the filing of the district court, and Judge Koh signed the order dismissing all suits with prejudice, which means no more legal actions could be be filed on the same claim.

Apple had sought more than $2bn in damages from its South Korean competitor.

Apple triumphed on paper but it was deficient in its goal to acquire a fierce benefit over Samsung and other phone makers in succession of lawsuits against them said Mr. Love and Michael A. Carrier, a professor at Rutgers Law School who studies patent law.

Apple and Samsung ended a seven-year legal battle that ignited a series of lawsuits over patents across the globe but mostly centred in courtrooms in the US.

Now, a few weeks later, a more friendly atmosphere has apparently been set between Apple and Samsung as reports said the companies have finally agreed to settle.

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The resolution comes a month after a jury concluded Samsung owed Apple 539 million dollars (£400 million) for copying some of the iPhone's innovations in some of Samsung's competing products.

The importance of the second supplier is potentially massive for Apple, as by having LG Display's expertise to call on in the production of OLED screens, and potentially ramp up massively if it sees fit, it would put the company in a great position to strike cheaper deals with Samsung for the tech and reduce the overall cost of each new iPhone, which it could then pass on to iPhone users.

"We're grateful to the jury for their service and pleased they agree that Samsung should pay for copying our products". But the case has had a lasting impact on US patent law.

In 2012, a United States jury awarded California-based Apple $1.05 billion in damages for the copied features, which included design elements like the screen that displays icons in a grid.

Samsung, however, claimed that the compensation should only take parts into consideration and not the entire smartphones.