Last fall, Samsung was found guilty of infringing on five Apple patents. We’re now at the start of the patent damages retrial.
This is what Apple is asking for:
Apple is seeking $113 million in lost profits for 360,000 iPhones the company believes it could have sold without competing against its own work, another $231 million in improper profits collected by Samsung on its own sales, and $34 million in patent royalties for the intellectual property Samsung infringed, a total of $379 million.
And this is what Samsung proposes:
Samsung argued that it earned “nowhere close” to $3.5 billion on the infringing devices, instead stating that it earned only $52 million. “And that, he says, is what Apple should get in damages,” Mintz reported. Additionally, Samsung proposed paying Apple nothing for lost profits and just $28,000 for patent royalties.
Obviously, this is a negotiation. You wouldn’t expect Samsung to play this any differently. Time will tell.