A jury in the US has decided that Apple should pay $300 million to Optis Wireless Technology in a patent dispute.
According to media reports, the five patents in question once belonged to Samsung, Panasonic, and LG and were obtained by Optis.
“A jury in Texas awarded $300 million in damages to Optis Wireless and its constellation of companies, to be paid by Apple because the 4G/LTE tech in its iPhones, iPads, and Watches were deemed to have infringed Optis’ communications patents,” reports The Registrar.
Last year, a jury awarded Optis $506 million in the dispute, but US District Judge Rodney Gilstrap vacated that award in April, ordering a new trial focused only on damages.
Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free
An Apple spokesperson said in a statement that “Optis makes no products and its sole business is to sue companies using patents they accumulate”.
“We will continue to defend against their attempts to extract unreasonable payments for patents they acquire,” the company spokesperson added.
According to Apple, Optis doesn’t do anything other than sue corporations like Tesla, Huawei, and ZTE.
Options claimed Apple was unwilling to give a fair royalty rate for its patented designs.