Los Angeles judicial body orders Apple, Broadcom to Pay $1.1 Billion to Caltech for patent infringement
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A Los Angeles jury on Wednesday ordered Apple and Broadcom to pay $1.1 billion (roughly Rs. 7,900 crores) to a university in California for infringing on four Wi-Fi technology patents. Tech-giant Apple has been ordered to pay $837 million while Broadcom will have to pay $270 million to the California Institute of Technology. The University known as Caltech had sued both tech giants in 2016, alleging infringement.