{"id":72437,"date":"2023-10-13T23:41:44","date_gmt":"2023-10-14T03:41:44","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/caltech-settles-long-standing-patent-dispute-with-apple-broadcom\/"},"modified":"2023-10-13T23:41:46","modified_gmt":"2023-10-14T03:41:46","slug":"caltech-settles-long-standing-patent-dispute-with-apple-broadcom","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=72437","title":{"rendered":"Caltech settles long-standing patent dispute with Apple, Broadcom"},"content":{"rendered":"<div>\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<p><span class=\"text\">\u00a9 Reuters <\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>Caltech has successfully reached a settlement in its long-standing patent lawsuit against Apple (NASDAQ:) and Broadcom (NASDAQ:), according to federal court filings on Thursday. The lawsuit, which began in 2016, revolved around alleged infringement of Caltech&#8217;s wireless-communication patents by various Apple devices integrated with Broadcom&#8217;s chips.<\/p>\n<p>Originally, Caltech was awarded $1 billion in 2020, however, this amount was later overturned as &#8220;legally unsupportable&#8221; by an appeals court. The recent settlement&#8217;s details remain undisclosed but it is believed to encompass a licensing agreement. This agreement would permit Apple and Broadcom to utilize Caltech&#8217;s patented technology, ensuring continued product development and sales that are expected to benefit consumers.<\/p>\n<p>The lawsuit&#8217;s dismissal &#8216;with prejudice&#8217; prevents it from being refiled in the future. Notably, both parties hinted at a potential settlement as early as August, without providing further details. The trial, initially scheduled to begin in June, has been indefinitely postponed since May.<\/p>\n<p>In related news, Caltech has also recently settled a similar patent dispute with Samsung (KS:). However, the institution remains actively involved in ongoing patent lawsuits against other tech giants including Microsoft (NASDAQ:), Dell (NYSE:), and HP (NYSE:).<\/p>\n<p><em>This article was generated with the support of AI and reviewed by an editor. For more information see our T&amp;C.<\/em><\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/stock-market-news\/caltech-settles-longstanding-patent-dispute-with-apple-broadcom-93CH-3197458\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters Caltech has successfully reached a settlement in its long-standing patent lawsuit against Apple (NASDAQ:) and Broadcom (NASDAQ:), according to federal court filings on Thursday. The lawsuit, which began in 2016, revolved around alleged infringement of Caltech&#8217;s wireless-communication patents by various Apple devices integrated with Broadcom&#8217;s chips. Originally, Caltech was awarded $1 billion in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":30425,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-72437","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Caltech settles long-standing patent dispute with Apple, Broadcom | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters Caltech has successfully reached a settlement in its long-standing patent lawsuit against Apple (NASDAQ:) and Broadcom (NASDAQ:), according to\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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