The jury presiding over the Apple vs Samsung trial in a US court has just reached a verdict. We were thinking this trial would last several weeks or even months and to everyone’s surprise the jury announced the verdict just minutes ago. Pretty bad news from Samsung has it has been found to infringe several patents owned by Apple. Samsung must pay Apple $1 billion, 51 million 855 thousand dollars $1051855000 . That is about Rs.5828.33 crores or five thousand odd crores of rupees in damages to just give you an idea about the magnitude of the verdict. Continue reading “Samsung to pay $1.05 billion in damages to Apple for infringing patents”