Apple Hit With Record $5.7 Billion Patent Verdict
A U.S. jury ruled that Apple owes San Diego-based Taction more than $5.7 billion over patented haptic technology used in iPhones and Apple Watches. Apple says it will appeal what Reuters describes as the largest U.S. patent verdict to date.
The ruling is significant not only because of its size but because it involves technology embedded across some of the world’s highest-selling consumer devices. It could influence future intellectual-property disputes across the technology sector.
Apple plans to appeal, meaning the $5.7 billion award is not necessarily final. Courts could uphold, reduce, overturn or order further proceedings concerning the verdict.
Sept. 25: Jury reaches verdict
Sept. 26: $5.7 billion ruling reported
Next: Apple begins the appeals process.
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1. reuters.comView Original
