Intellectual Property

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by @christoph
2020-08-13T00:00:02+00:00
Technology • Internet & Web
US court rules that Apple needs to pay $506 million over patent violations
US court rules that Apple needs to pay $506 million over patent violations
Credit: unsplash.com / Mika Baumeister

A federal jury in Texas has decided that Apple needs to pay $506,2 million in damages and interest for using patented 4G technology in hardware made by the company.

Following the jury verdict, five patents were willfully infringed leading the District Judge Rodney Gilstrap to be able to increase the compensation amount by three times compared to what the jurors have set. Panoptis Patent Management had sued on behalf of one of its clients as they manage the intellectual property and patents for companies in order to enable them to focus on "innovation and new development".

According to local media Apple will appeal the decision made by the court.