Apple vs. Samsung: Verdict Irks South Koreans (Video)

After Apple won landmark $1 billion damages against South Korea's Samsung for patent infringement, people in Seoul are saying the verdict smacks of protectionism.

That has brought a stern rebuke from people here in Seoul, who said the verdict smacked of protectionism. Samsung - which has seen its market share soar in recent months - called the ruling a "loss for the American consumer." The company has several options open for appeal.

Apple and Samsung are embroiled in a series of patent lawsuits across the globe as they jockey for position in the lucrative tablet and smart phone markets. On the other hand, shares in mobile phone firm Nokia leapt 10 percent on hopes it can benefit from a setback to rival Samsung. Nokia and its software partner Microsoft have been struggling to win ground from Samsung's Android-powered smartphones that lead the market.

Google's Android is used in around 65 percent of smartphones sold globally, with Samsung the biggest maker of Android phones. Nokia is expected to launch its first smartphones using a new version of Windows Phone software at an industry event in early September.