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 Wi-fi Expertise and its associated corporations as a result of the know-how Apple utilized in its iPhones, iPads, and Watches allegedly infringed Optis’ patents.
Final yr, a jury awarded Optis $506 million within the dispute, however a decide vacated that award in April, and ordered a brand new trial targeted on damages solely. US District Decide Rodney Gilstrap stated the primary jury had not been allowed to contemplate whether or not the quantity was awarded on the “honest, affordable, 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 have been obtained by Optis.
An Apple spokesperson wrote in an e mail to The Verge on Sunday that the corporate was upset by the decision and plans to enchantment. “Optis makes no merchandise and its sole enterprise is to sue corporations utilizing patents they accumulate,” the spokesperson wrote. “We’ll proceed to defend in opposition to their makes an attempt to extract unreasonable funds for patents they purchase.”
Final month Apple reported report third-quarter income of $81.4 billion.
Replace August fifteenth 12:10PM ET: Added remark from Apple spokesperson