CalTech wins $1.1 billion patent case against Apple, Broadcom
The California Institute of Technology (CalTech) won $1.1 billion jury verdict patent case against Apple and Broadcom.
The case was filed in 2016 in the federal court of Los Angeles. CalTech alleged Broadcom from infringing patents linked to data transmission technology and used it in their wi-fi chips that were sold to Apple.
“While we thank the members of the jury for their service, we disagree with the factual and legal bases for the verdict and intend to appeal,” Broadcom said in a statement.
Apple and Broadcom expressed plans to appeal the verdict. Broadcom is one of Apple’s major suppliers and takes one-fifth of its sales from the iPhone maker in its 2019 fiscal. Broadcom had signed deals to produce $15 billion worth of chips to Apple.
The verdict ruled that Apple will pay $837.8 million and Broadcom $270.2 million to CalTech.
“We are pleased the jury found that Apple and Broadcom infringed Caltech patents,” CalTech said in a statement. “As a non-profit institution of higher education, Caltech is committed to protecting its intellectual property in furtherance of its mission to expand human knowledge and benefit society through research integrated with education.”