By ET Bureau - January 31, 2020 1 Mins Read
Apple and Broadcom have been ordered by a judge to pay a combined $1.1 billion in a patent infringement case with the California Institute of Technology (CalTech). The verdict awarded the California-based research university $837.8 million from Apple and $270.2 million from Broadcom.
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Apple said it plans to appeal the verdict. In 2016, CalTech has alleged that Broadcom WiFi chips used in Apple iPhones infringed patents relating to data transmission technology. Broadcom is a major Apple supplier and last week Broadcom said it had signed deals to sell as much as $15 billion worth of chips to Apple. As per Bloomberg, this was the 6th largest patent-related verdict ever.
Source: https://www.reuters.com/article/us-broadcom-apple-verdict/caltech-wins-11-billion-jury-verdict-in-patent-case-against-apple-broadcom-idUSKBN1ZS399
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