As noted, the company did not disclose the terms of the settlement. The conflict between Samsung and Apple surrounding the alleged design infringement started in 2011. Apple solicited more than $2 billion while Samsung debated that it indebted just $28 million. Samsung naturally defended its position vigorously, and would soon file a number of countersuits against Apple for patent infringement.
In May, a USA jury awarded Apple US$539 million, after Samsung had previously paid Apple US$399 million to compensate for patent infringement - Samsung would need to make an additional payment to Apple of almost US$140 million if the verdict was upheld.
Apple and Samsung ended a seven-year legal battle that ignited a series of lawsuits over patents across the globe but mostly centred in courtrooms in the US.
Samsung has not responded to a USA TODAY request for comment on the final settlement.
SAMSUNG has yet to comment, while APPLE reiterated its statement after last month's jury award: "We believe deeply in the value of design, and our teams work tirelessly to create innovative products that delight our customers".
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Apple originally pursued to obstruct Samsung phones from the market, but the technology at debate has for a long time obsolete, and the battle since then has predominantly about money.
In 2012, a United States jury awarded California-based Apple $1.05 billion in damages for the copied features, which included design elements like the screen that displays icons in a grid.
"We're grateful to the jury for their service and pleased they agree that Samsung should pay for copying our products". They covered having a rectangular front face with rounded edges and a grid of colorful icons on a black screen.
Samsung, however, claimed that the compensation should only take parts into consideration and not the entire smartphones. This led the South Korean tech giant to countersue the Cupertino, California-headquartered Apple in the same year.