Samsung shares have climbed on the Frankfurt Stock Exchange this morning (September 24th) following news Apple is seeking an additional $707 million (£436 million) in damages from the South Korean company for patent infringements.
This follows a recent court case where a US jury voted in favour of the Californian iPhone and iPad manufacturer, which saw its Asian rival handed a $1 billion fine for using technological developments conceived and protected by Apple.
Both companies have been locked in legal battles around the world and on Friday, the Californian organisation asked for a larger payout on account of the allegedly irreversible "damage to the iPhone's distinctive product identity" Samsung's patent infringements have caused.
At 11:45 BST today, Samsung's share price on the Frankfurt Stock Exchange was 1.4 per cent higher to €456.50, while Apple was steady at close of play last week on the Nasdaq at $700.10.
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