Samsung wins patent trade dispute with Apple

<p>Apple has lost its legal battle with Samsung.</p>

Samsung has come out on top in its patent trade dispute with rival smartphone manufacturer Apple.

The International Trade Commission (ITC) ruled the latter company infringed a Samsung patent and this could mean some older models of the iPad and iPhone are banned from sale in the US.

However, Apple is planning to launch an appeal in the wake of the verdict and the ruling may also be reversed by a US presidential order within 60 days.

"We believe the ITC's final determination has confirmed Apple's history of free-riding on Samsung's technological innovations," a Samsung statement said.

Apple and Samsung have become easily the biggest smartphone manufacturers in the world in the last few years, with the companies going head-to-head with their rival devices the iPhone and the Galaxy.

On the Nasdaq later today (June 5th), Apple shares will start the day's trading at 449.31, but defeat in the ITC ruling to Samsung could lead to its stocks losing value.

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