Samsung and Apple have both issued warnings which may have global implications. Photo: Reuters/Dado Ruvic

Samsung Electronics Co Ltd said on Wednesday the U.S. Supreme Court’s ruling in the firm’s patent lawsuit against Apple Inc was a victory for itself and “those who promote creativity, innovation and fair competition”.

The court on Tuesday sided with Samsung by throwing out an appeals court ruling that the South Korean firm had to pay a $399 million penalty to Apple for copying iPhone designs.