A U.S. court has ruled Apple Inc. and Samsung Electronics Co. do not have to make their financial details public amidst the ongoing patent infringement cases.
The Federal U.S. Circuit Court of Appeals ruled on Aug. 23 to reverse a lower court's decision that originally ordered Apple and Samsung to disclose specific documents pertaining to sales.
Follow the latest Tech news on Twitter: @LatinosPostTech
"We recognize the importance of protecting the public's interest in judicial proceedings and of facilitating its understanding of those proceedings," stated the Federal U.S. Circuit Court of Appeals. "That interest, however, does not extend to mere curiosity about the parties' confidential information where that information is not central to a decision on the merits."
The latest ruling involving Apple and Samsung comes as the U.S. International Trade Commission (ITC) ruled Samsung violated two Apple iPhone patents and issued a U.S. imports ban, which will go into effect in early October.
President Obama does hold the power to veto the ITC's decision, however, a report stated the move is unlikely.
According to Bloomberg, Samsung cannot issue the same public-policy argument Apple used to sway the Obama administration when the ITC previously banned the iPhone 3GS, iPhone 4 and iPad 2.
The potential Samsung devices ban does not include the Galaxy S2, Galaxy S3, Galaxy S4, or the latest incarnations of the Galaxy Note.
According to Reuters, Apple and Samsung declined to comment.
For the latest on the Apple vs. Samsung patent infringement trial, click here.
__
For the latest updates, follow Latinos Post's Michael Oleaga on Twitter: @EditorMikeO
Related Articles:
- Apple vs. Samsung Patent Lawsuit Update: Obama Administration, USTR Rep. Michael Froman Veto ITC's iPhone 4, iPad 2 Ban
- Apple vs. Samsung Lawsuit, Patent Infringement Trial Case: Samsung Loses $1 Billion in Market Value after Obama's USITC iPhone, iPad Veto
- Contribute to this Story:
- Send us a tip
- Send us a photo or video
- Suggest a correction
