Samsung: Apple victory is a "loss for the American consumer"

Samsung has said that the $1.05 billion (over £630m) patent verdict delivered against it late last night represents a "loss for the American consumer."

Friday evening, a California jury ruled largely in Apple's favour in a far-reaching patent trial that kicked off last month. There was no mention of product bans in court yesterday, but the jury did hand down significant damages against the Korean manufacturer.

The verdict, according to Samsung, "will lead to fewer choices, less innovation, and potentially higher prices."

"It is unfortunate that patent law can be manipulated to give one company a monopoly over rectangles with rounded corners, or technology that is being improved every day by Samsung and other companies," Samsung continued. "Consumers have the right to choices, and they know what they are buying when they purchase Samsung products."

Apple had accused Samsung of "slavishly" copying the iPad and iPhone with its Galaxy lineup of devices. At issue was whether Apple could truly claim ownership over what was essentially a black rectangle shape.

"This is not the final word in this case or in battles being waged in courts and tribunals around the world, some of which have already rejected many of Apple's claims," Samsung concluded. "Samsung will continue to innovate and offer choices for the consumer."

The jury decision was reached after last-minute talks between the two parties failed.