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Apple and Samsung Settle Their Lengthy Patent Suit

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Jun 27, 2018, 2:06 PM by Eric M. Zeman

Apple and Samsung today said they have reached a settlement in their ongoing fight over patents. The two companies began filing litigation against one another in 2011 when Apple accused Samsung of copying its designs. In 2012 a jury award Apple with $1 billon, finding that Samsung willfully copied Apple's designs. The reward has been whittled down to $539 million in subsequent appeals, most recently in May. The companies have already settled other claims made after 2012. Terms of the deal concerning the 2011 patent suit between Apple and Samsung were not disclosed.

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