Samsung Fined $7.3 Million for Patent Infringement
Samsung Electronics has been ordered to pay 50 million yuan ($7.3 million) to Holley Communications over an alleged patent infringement claim, ending an 18-month lawsuit. Filed in April of last year, Holly Communications sued Samsung claiming the handset maker had violated a patent technology allowing mobile phones to operate on both CDMA and GSM networks.
"Samsung has sold more than 700,000 cellphones that contain Holley's patented technologies. The patents are still on sale. The compensation is only part of the sales," Xinhua news agency quoted Ge Chen, Holley's executive director as saying.
According to Xinhua, Holley Communications will seek even more compensation than what has already been awarded. Meanwhile, a spokesman for Samsung said no official decision has yet been handed out, but should that happen, the company may appeal.

Image Credit: Flickr Joe Gratz