Samsung and Apple have issued a joint statement agreeing to settle their ongoing patent trial, which kicked off almost five years ago. Samsung will pay Apple $548 million, though the filing leaves open the possibility that this court battle may not actually be over.
First of all, Apple needs to submit its invoice immediately. If the Cupertino company gets its request in by the end of Friday, December 4, then Samsung will agree to pay within 10 days. The South Korean company also notes that it “continues to reserve all rights to obtain reimbursement from Apple.” In the very next sentence Cupertino disputes those rights.
Based on the conflict within this statement, it’s possible a retrial could send the two companies back to court before too long. That may be bad news for Apple, and new hearings could end up revealing even more company secrets in the process.
Then again, Apple could eventually end up with more than $548 million if it gets lucky. The Cupertino company originally sued for $2.5 billion and was awarded $1 billion in court. Over the years that number has dropped significantly, but a retrial could potentially work out in the iPhone-maker’s favor.