Apple ordered to pay $506 million to university for processor patent infringement

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Apple ordered to pay $506 million to university for processor patent infringement

The lawsuit was filed by the Wisconsin Alumni Research Foundation, citing a 1998 patent for improving chip efficiency that has apparently been employed by Apple's A7, A8, and A8X chipsets that have powered various iPhones and iPads. According to Reuters, in a surprise move today the judge almost doubled the $234 million put forward by the jury after first being hit with $862.4 million in damages when originally found guilty in 2015.

The original amount was actually set at $862 million, but the judge at that time slashed it to $234 million.

Apple has been ordered by U.S. District Judge William Conley to pay the University of Wisconsin-Madison's patent licensing arm $506USD million. The ruling was announced by U.S. District Judge William Conley. While Apple is pretty loaded in terms of cash, $506 million is definitely no small figure to be sneezed at. Apple intends to appeal Conley's ruling.

This was to account for ongoing royalties that Apple owed at the rate of $2.74 per infringing unit from the date of the judgment to December 2016, when the patent expired, plus interest.

The fines paid by Apple are $272 million more than a $234 million federal jury ruling in 2015.

While this case is seemingly wrapping up, Apple is still facing another lawsuit from the University of Wisconsin-Madison. Apple is no stranger to litigation and right or wrong, expect them to fight to the tooth over a case this large. The company was sued for making use of a "predictor circuit" developed by the Wisconsin Alumni Research Foundation (WARF).

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