Samsung HIT With Another Legal LOSS Vs. Apple

Apple (NASDAQ:AAPL) has come out on the winner’s side in another legal tussle with main rival Samsung. The U.S. International Trade Commission ruled on Friday that the iPhone maker does not infringe on any of the four patents in question in the case and added that Samsung had not been able to prove that it had a domestic industry that used the patents.

Don’t Miss: Is the iPhone 5 a BURDEN for Apple?

ITC Judge James Gildea made the comments in a notice posted on the agency’s website. Gildea’s findings are subject to review by the full six-member commission according to Bloomberg.

“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,” Samsung said in a statement. “We are proud of our long history of innovation in the mobile industry and will continue to defend our intellectual-property rights.”

Samsung had first filed its complaint in June 2011, alleging that several Apple devices violated two of its patents associated with transmission of data and two others related to device features. Of the second two, one is a feature to detect phone numbers in an e-mail or web page and the other relates to the movement of document display along with the user’s finger.

Three of the Samsung patents involved in the case were issued before the iPhone was first sold, and the fourth was bought by Samsung in 2009, Apple lawyers said. They added that Samsung was not within its rights to sue for the two data transmission technologies because they were part of standard-essential patents.

The latest result follows a jury verdict on August 24 that awarded Apple more than $1 billion in damages after finding that Samsung copied the look and features of the iPhone.

Apple has been a huge winning stock pick for Wall St. Cheat Sheet Newsletter subscribers. Don’t waste another minute — click here and get more of our CHEAT SHEET stock picks now.

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Premium Newsletters

Stock Investor Cheat Sheet

Stock Investor Cheat Sheet®

The ultimate Cheat Sheet for finding winning stock picks.
Learn More

Gold & Silver Newsletter

Gold & Silver

Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
Learn More

Commodities Premium Newsletter

Commodities Premium

There's always a bull market in some sector! Find the best opportunities in commodities.
Learn more

ETF Investing

ETF Investing

At last, a trading system that buys the right ETFs at the right time, time after time!
Learn more

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business