Samsung’s $1 billion fine to get a trim?

A federal judge appears ready to reduce a $1.05 billion jury verdict Apple Inc. won over Samsung Electronics.

By - December 7, 2012
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A federal judge appears ready to reduce a $1.05 billion jury verdict Apple Inc. won over Samsung Electronics.

During a hearing Thursday in a San Jose federal courtroom, U.S. District Judge Lucy Koh told lawyers for both companies that jurors appeared to miscalculate damages and she was inclined to trim the award.

Koh didn’t specify how much of the award she might cut, saying she would rule later on a host of legal demands made by both companies.

A jury in August found 26 of Samsung’s smartphones and computer tablets were built with technology owned by Apple.

Samsung is seeking a new trial while Apple is arguing for an increase in the damage award. Koh said she would issue several rulings in the coming weeks.

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