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Apple Loses Patent Lawsuit To University Of Wisconsin, Faces Hefty Damages

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy

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An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York CityBy Andrew Chung NEW YORK (Reuters) - Apple Inc could be facing up to $862 million in damages after a U.S. jury on Tuesday found the iPhone maker used technology owned by the University of Wisconsin-Madison's licensing arm without permission in chips found in many of its most popular devices. The jury in Madison, Wisconsin also said the patent, which improves processor efficiency, was valid. The trial will now move on to determine how much Apple owes in damages.




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