Apple has asked a US court to ban up to eight of Samsung's mobile phones in the country after it was found guilty of infringing on design patents.
The South Korean firm was ordered to pay US$1.05 billion ($1.01 billion) for copying the patents and now Apple is seeking a ban on a number of devices.
These include the Galaxy S 4G, Galaxy S2 AT&T model, Galaxy S2 Skyrocket, Galaxy S2 T-Mobile model, Galaxy S2 Epic 4G, Galaxy S Showcase, Droid Charge and Galaxy Prevail.
Following the ruling, shares in Apple rose by 1.88 per cent to $675.68 in Monday (August 27th) trading on Wall Street.
Experts have warned that the verdict could see certain products taken off the market.
John Park of Daishin Securities said of the uncertain future of the industry: “An adjustment in the next few days is unavoidable as the damage amount was much bigger than market expectations, and there are further uncertainties, such as the possibility of a sales ban.”
Posted by Samantha Green