
Apple should pay $300 million in royalties following a retrial in a patent dispute, a Texas jury decided Friday. As reported by Reuters, the jury discovered that Apple ought to pay patent firm Optis Wireless Technology and its associated corporations as a result of the know-how Apple utilized in its iPhones, iPads, and Watches allegedly infringed Optis’ patents.
Last 12 months, a jury awarded Optis $506 million within the dispute, however a choose vacated that award in April, and ordered a brand new trial targeted on damages solely. US District Judge Rodney Gilstrap stated the primary jury had not been allowed to think about whether or not the quantity was awarded on the “fair, reasonable, and non-discriminatory,” or FRAND, phrases required in standard-essential patent circumstances.
The 5 patents concerned within the case as soon as belonged to LG, Panasonic, and Samsung, The Register reported, however had been obtained by Optis.
Apple didn’t instantly reply to a request for remark Sunday however informed Reuters in a press release that it plans to proceed to struggle the choice. “Optis makes no products and its sole business is to sue companies using patents they accumulate,” the assertion reads. “We will continue to defend against their attempts to extract unreasonable payments for patents they acquire.”
Last month Apple reported document third-quarter income of $81.4 billion.
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