BREAKING: Apple $AAPL ordered to pay $502M to Optis Cellular Technology for using 4G patents in iPhones and iPads, per Reuters. Apple plans to appeal, stating Optis' business model is solely to litigate.
Apple ordered to pay $502 million to Optis by UK courts https://t.co/p1aHXBpjOH
Apple must pay Optis $502 million lump sum in UK patent dispute, court rules https://t.co/18Gj7NunFq https://t.co/Qy1nmhGX6e

London's Court of Appeal has ruled that Apple Inc. must pay $502 million to Optis Cellular Technology for using Optis' 4G standard-essential patents in devices such as iPhones and iPads from 2013 to 2027. This decision overturns a 2023 High Court ruling and represents one of the largest patent damages awards in UK history, with total royalties and interest owed exceeding $700 million. Apple has expressed its intention to appeal the ruling, criticizing Optis' business model as focused solely on litigation. The case is part of a prolonged legal dispute between Apple and Optis over patent licensing fees.

