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Apple Wins USITC Patent Ruling Against Samsung

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9/15/2012 1:31 AM ET

Apple Inc. (AAPL: Quote) won a U.S. International Trade Commission or ITC case brought by Samsung Electronics Co.(SSNLF.PK,SSNNF.PK) over patented technology in the iPhone and iPad tablet computer, its second U.S. legal victory in a month over its smartphone competitor. A jury in a California federal court ordered Samsung to pay more than $1 billion in damages to Apple after finding that Samsung had copied some features of the iPhone.

ITC Judge James Gildea said in a ruling that Apple did not violate patents owned by Samsung.

Apple has already won other major victories against Samsung as the sale of Samsung tablets are banned in Germany and its three latest Galaxy smartphone models are banned in the Netherlands.

Adam Yates, a Samsung spokesman, said, "we remain confident that the full Commission will ultimately reach a final determination that affirms our position that Apple must be held accountable for free-riding on our technological innovations."

South Korean conglomerate Samsung Electronics said it would contest that verdict and work to modify its products to keep them on the U.S. market.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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There was a mixed performance on Wall Street on Friday. Shares suffered an early decline, as investors continued to express worries about the Federal Reserve. A recovery through the rest of the day allowed the Dow to edge into positive territory by the close. The Nasdaq and S&P 500 posted fractional losses. Stocks have shown a notable move to the downside in early trading on Friday amid lingering concerns about the outlook for the Federal Reserve's asset purchase program. The major averages have slid firmly into negative territory, adding to the modest losses posted in the previous session. The major averages are currently posting notable losses, near their lows for the young session. After reporting a sharp drop in new orders for manufactured durable goods in the previous month, the Commerce Department released a report on Friday showing that durable goods orders rebounded by more than anticipated in the month of April. The report said durable goods orders surged up by 3.3 percent in April after tumbling by a revised 5.9 percent in March.
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