The Apple Inc logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York October 16, 2019. — Reuters pic
The US tech giant — now worth almost US$2 trillion — will appeal yesterday’s decision, local media said. “The plaintiffs have repeatedly negotiated with Apple to reach an agreement for a FRAND license to the Plaintiff’s patent portfolios which Apple is infringing,” the court filing read. “The negotiations have been unsuccessful because Apple refuses to pay a FRAND royalty to the Plaintiff’s license.”“Lawsuits like this by companies who accumulate patents simply to harass the industry only serve to stifle innovation and harm consumers,” Apple said in a statement reported by media outlets.
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