January 29, 2020 11:58 pm
Illustration by Alex Castro / The Verge
Original Link: https://www.theverge.com/2020/1/29/21114325/apple-broadcom-caltech-lawsuit-jury-award-1-1-billion-damages
Apple must pay $837 million for infringing Wi-Fi patents from Caltech, jury decides
Illustration by Alex Castro / The Verge
Nearly four years after the California Institute of Technology sued Apple and Broadcom for allegedly infringing four of the university’s patents on Wi-Fi data transmission, a federal jury has agreed that the two companies infringed — and has awarded $1.1 billion in damages to Caltech for the infringement, Law360 reports.
Reporting from the courtroom today, Law360 writes that the jury ordered Apple to pay $837 million, with Broadcom owing $270 million. That seems to be based on Caltech’s hypothetical estimate of what it might have been able to negotiate in royalties back in 2010 — if Broadcom and Apple had actually struck a deal with Caltech before they put Broadcom’s Wi-Fi chips into new Apple devices.
Caltech figured that Apple would...
Original Link: https://www.theverge.com/2020/1/29/21114325/apple-broadcom-caltech-lawsuit-jury-award-1-1-billion-damages
Share this article:
Tweet
View Full Article
The Verge
The Verge is an ambitious multimedia effort founded in 2011More About this Source Visit The Verge