Apple must pay $500 million over PanOptis 4G patent violations: Texas court
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Texas court has ordered Apple to pay more than $500 million in damages and interest for 4G patent infringements held by intellectual property company PanOptis."We thank the jury for their time but are disappointed with the verdict and plan to appeal," Apple said. 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.