Verdict will lead to fewer choices, less innovation, and potentially higher
prices, said Samsung.
SAN FRANCISCO - Samsung said
Friday the massive patent decision by a US jury in favor of Apple was a
"loss for the American consumer", and the verdict was "not the
final word in this case."
"Today's verdict should not
be viewed as a win for Apple, but as a loss for the American consumer,"
the South Korean electronics firm said after news of the $1 billion (S$1.25
billion) patent infringement award by a California jury.
"It will lead to fewer
choices, less innovation, and potentially higher prices. It is unfortunate that
patent law can be manipulated to give one company a monopoly over rectangles
with rounded corners, or technology that is being improved every day by Samsung
and other companies."
News reports from the courtroom
said Apple was awarded $1.05 billion for infringement of patents for its iconic
iPhone and iPad and that Samsung's counterclaims of infringement of wireless
patents were rejected.
Samsung said, "Consumers
have the right to choices, and they know what they are buying when they
purchase Samsung products. This is not the final word in this case or in
battles being waged in courts and tribunals around the world, some of which
have already rejected many of Apple's claims."
"Samsung will continue to
innovate and offer choices for the consumer," the statement said.
AFP
Business & Investment Opportunities
YourVietnamExpert is a division of Saigon Business Corporation Pte Ltd, Incorporated in Singapore since 1994. As Your Business Companion, we propose a range of services in Strategy, Investment and Management, focusing Healthcare and Life Science with expertise in ASEAN. We also propose Higher Education, as a bridge between educational structures and industries, by supporting international programmes. Many thanks for visiting www.yourvietnamexpert.com and/or contacting us at contact@yourvietnamexpert.com
No comments:
Post a Comment