: Apple must pay more than $500 million in damages and interest for 4G patent infringements held by intellectual property company PanOptis, a Texas court has ruled.PanOptis, which specializes in licensing patents, took Apple to court in February last year, claiming it refused to pay for the use of 4G LTE technologies in its smartphones, tablets and watches.
FRAND refers to terms that are “fair, reasonable and non-discriminatory” and is the IT industry standard for technology use. The case is one of many patent suits from licensing firms that make no products but hold rights to certain technologies. Critics call these firms “patent trolls.”
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