Court orders Apple to pay $234 million to University of Wisconsin in patent suit<div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Following a court decision
earlier this week that found Apple had infringed upon a patent owned by the Wisconsin Alumni Research Foundation (WARF), a jury has ordered Apple to pay out $234 million in damages. From
Reuters:</p>
<p>A U.S. jury on Friday ordered Apple Inc (AAPL.O) to pay the University of Wisconsin-Madison's patent licensing arm more than $234 million in damages for incorporating its microchip technology into some of the company's iPhones and iPads without permission.</p>
<p>The final damage amount totals far less than the original $862 million that WARF was said to be pursuing. Apple said it will be appealing the decision, so there's a chance we could see that amount shift even more before all is said and done.</p> <p>To recap, WARF brought its case against Apple in January of 2014, alleging that the company's A7, A8, and A8X processors infringed upon a patent for a "predictor circuit" developed by a University of Wisconsin researchers. WARF has also filed another suit against Apple for using the same technology in its latest A9 and A9X chips.</p> <p>Source:
Reuters</p> </div></div></div><br clear='all'/>
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Source:
Court orders Apple to pay $234 million to University of Wisconsin in patent suit
