WASHINGTON : The U.S. Supreme Court on Monday declined to hear a bid by Apple Inc and Broadcom Inc to revive their challenges to Caltech data-transmission patents in a patent infringement case in which the university's earlier $1.1 billion jury verdict against the companies was thrown out.
Apple and Broadcom have argued that they should have been allowed to raise the patent challenges during the trial. Apple is a major purchaser of Broadcom chips, and in January 2020 reached a $15 billion supply agreement that ends in 2023. Broadcom has estimated that 20 per cent of its revenue comes from Apple.
Source: News Formal (newsformal.com)
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