Will Samsung SPOIL Apple’s iPhone 5 Launch?
Apple (NASDAQ:AAPL) and Samsung have been waging intellectual property warfare for a while. Apple won over $1 billion when a U.S. jury decided that Samsung infringed on “bounce back,” “one finger scrolling,” and “tap to zoom” technology. Now, Samsung is pointing the gun, saying it will sue Apple over the release of the iPhone 5 regarding its use of fourth-generation long-term evolution (4G LTE) technology.
Apple is slated to announce the new iPhone on September 12, and in preparation the company has acquired nearly 5 percent of total LTE patents. Apple would obviously like to avoid a lawsuit, but Samsung owns 12.7 percent of LTE patents, and has a bone to pick.
An industry source told the Korea Times, “It’s true that Samsung Electronics has decided to take immediate legal action against the Cupertino-based Apple.” If Samsung succeeds, it could seriously harm Apple, whose iPhones account for 70 percent of the company’s profit. Apple plans to sell 10 million units by the end of the month.
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