Sunday, September 1, 2013

Samsung pays Apple $1 Billion Fine in 5 cent coins

Although the $1 Billion fine imposed on Samsung by the US court must have had hurt Samsung - but this does not necessarily means that it has robbed the Samsung CEO from his sense of humour.

On 30th August, Samsung sent 30 tons load of $1 Billion in 5 cents coin to Apple’s headquarters in California.Initially, the security company that protects the facility said the trucks were in the wrong place, but minutes later, Tim Cook (Apple CEO) received a call from Samsung CEO explaining that they will pay $1 billion dollars for the fine recently ruled against the South Korean company in this way.

And Samsung is not wrong in the 'mode of payment  as it was not specified by the court as to which medium of currency will the fine be paid to Apple.

Lee Kun-hee, Chairman of Samsung Electronics, told the media that his company is not going to be intimidated by a group of “geeks with style” and that if they want to play dirty, they also know how to do it.
You can use your coins to buy refreshments at the little machine for life or melt the coins to make computers, that’s not my problem, I already paid them and fulfilled the law.
A total of 20 billion coins, delivery hope to finish this week.


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