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Detailed text transcripts for TV channel - FOXNEWS - 20120730:19:44:00

Ripping off their designs. apple claims samsung copied the design, the touch screen technology you see on every smartphone. samsung denies the charges claiming that town screens have long been the industry standard. apple is demanding $2.5 billion in damages. if it wins, that is the largest patent verdict ever. trace has the news from the west coast. trace, it is my understanding jury selection is underway right now. trace: they are at lunch but a jury of ten will decide the case. it is interesting because the judge has the power to overrule the jury if she believes they made the wrong decision, it is a very high-tech case but as you said, a very simple premise that apple thinks samsung ripped off the design. they plan to show in court when people walk into a best buy store, they believe the sam punk galaxies are ipads and samsung part moan is an iphone. ....

Accuseing Samsung , Town Screens , Touch Screen , Industry Standard , Patent Verdict , Jury Selection , Kit Wins , West Coast , 2 5 Billion , 5 Billion , Best Buy , Sam Punk Galaxies ,

Detailed text transcripts for TV channel - FOXNEWS - 20120730:23:22:00

shepard: this one will be expensive. apple and samsung now locked in a rare multibillion-dollar court battle and a 10-member jury could soon decide whether one tech giant violated the other tech giant s patents. today the lawyers began selecting those jurors. apple accuses samsung of copying its designs for the iphone and ipad both in appearance in how the gadgets work. you can see apple s iphone 4 on the left here and the samsung galaxy s 3 on the right. apple is demanding $2.5 billion in damages. if t wins that would be the largest patent verdict ever. samsung has argued that apple s designs are not so unique. last year samsung overtook apple and nokia as the largest seller of smart phones around the world. today, attorneys started asking prospective jurors about their background. at least one person admitted i don t even own a cell phone. trace gallagher in our west ....

Tech Giants Apple , Newsroom Samsung , One Tech Giant , Multibillion Dollar Court Battle , Iphone 4 , Patent Verdict , Samsung Galaxys 3 , 5 Billion , 2 5 Billion , Cell Phone , West Coast , Trace Gallagher ,