The UK Court of Appeal ruled that Apple owes $502 million to Optis Cellular Technology for a worldwide fair, reasonable, and non-discriminatory (FRAND) license for 4G standard essential patents. With interest, the total exceeds $700 million. Optis had previously won $56.43 million in a lower court ruling, which faced criticism for its methodology. Optis argued that the royalty rate should account for comparable licenses and sales volume, potentially leading to a billion-dollar figure. This case sheds light on FRAND licensing in the tech industry and the power dynamics between patent holders and tech companies.
With interest and fees, the total amount exceeds $700 million.
The methodology employed to arrive at his $56.43 million reasonable royalty was considered controversial.
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