Disaster for Samsung: Apple Wins $1 Billion Patent Decision

Apple has won a huge victory over Samsung Electronics after a United States jury found that the Japanese firm had infringed on a number of copyrights owned by the Cupertino, California-based company.

Despite facing a list of 300 issues spread across a twenty-page verdict, the jurors took just twenty-two hours to decide in favour of Apple. The jurors agreed with Apple on all but one of its patent claims, while also rejecting each and every claim made by Samsung that Apple had actually infringed on its own patents.

In the end, Apple won a resounding victory. Samsung must now pay it $1.05 billion and faces the prospect of having to redesign many of its popular products, including the Galaxy line of smartphones and tablet computers.

That could seriously delay future releases of Samsung products, giving Apple a major edge in several highly competitive markets.

“The verdict is worse for Samsung than what many had anticipated, and it will have to change some products in its pipeline,” said Chang In Whan, president of asset management firm, KTB.

“There could be delays in developing and releasing new models, which together with a potential sales ban could weigh on corporate value.”

Samsung has officially denied that this will be the case. In fact, both Samsung and Apple will be back in court soon as Apple seeks a permanent ban on products related to last week’s decision. If the upcoming decision goes in favour of Apple, there’s no doubt that Samsung’s release schedule — and its future revenue figures — will be seriously affected.

Samsung’s recent loss will have an enormous impact on the smartphone market. It will clearly benefit Apple and hurt Samsung, though it’s unclear how other firms will be affected. It could help desperate Research in Motion (RIM), makers of the BlackBerry, who should see any shift in the smartphone market as an opportunity to reverse a troubling downward spiral in revenue and stock value.

However, the decision will force other firms that use technologies similar to Apple and Samsung, particularly HTC, to prepare for future patent problems.

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