Apple settles $1 billion patent lawsuit with Caltech

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The patent dispute between Caltech, Apple, and Broadcom over Wi-Fi chips has ended with a settlement. Caltech filed to dismiss the case, which cannot be filed again. The terms of the settlement have not been disclosed. The lawsuit was originally filed in 2016, alleging infringement of Wi-Fi patents by Apple’s devices. Apple countersued but was unsuccessful. A jury ruled in favour of Caltech in 2020, ordering Apple to pay $838 million and Broadcom $270 million.

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Apple settles $1 billion patent lawsuit with Caltech

The patent dispute between Caltech, Apple, and Broadcom over Wi-Fi chips has ended with a settlement. Caltech filed to dismiss the case, which cannot be filed again. The terms of the settlement have not been disclosed. The lawsuit was originally filed in 2016, alleging infringement of Wi-Fi patents by Apple’s devices. Apple countersued but was unsuccessful. A jury ruled in favour of Caltech in 2020, ordering Apple to pay $838 million and Broadcom $270 million.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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