Banners advertising Samsung Electronics' Galaxy S III, left, and Apple's iPhone 4S are displayed at a mobile phone shop in Seoul, South Korea, Friday, Aug. 24, 2012. A South Korean court ruled Friday that technology rivals Apple Inc. and Samsung Electronics Co. both infringed on each other's patents, and ordered a partial ban of their products in South Korea. Each side was also ordered to pay limited damages.(AP Photo/Ahn Young-joon)

Seoul - South Korea's Samsung Electronics on Friday said it would contest a US court verdict that it must pay damages of more than $1 billion to rival technology giant Apple.

“We will move immediately to file post-verdict motions to overturn this decision in this court and if we are not successful, we will appeal this decision to the Court of Appeals,” it said in a statement. - Sapa-AFP