Apple asked to pay $300M in LTE patent infringement case

Apple will need to cough up $300 million from its pocket for LTE patent infringement. According to a report from Bloomberg, a federal jury in Texas ordered the iPhone maker to pay PanOptis Patent Management and its Optis Cellular and Unwired Planet, for using their patented wireless technology in iPhones and iPad. Last August, a jury had slapped a $500 million fine on Apple. However, that amount has been reduced in the retrial. As The Register noted, the wireless patents originally belonged to LG, Samsung, and Panasonic that were later acquired by Optis. Apple told The Verge that it was disappointed by…

This story continues at The Next Web

Or just read more coverage about: Apple