LG ordered by court to pay $3.5 million in damages for patent violations


LG ordered by court to pay $3.5 million in damages for patent violations

A jury in the Eastern District of Texas has awarded Core Wireless Licensing $3.5 million in damages after finding that LG Electronic, Inc. and its mobile subsidiary infringe two smart phone user-interface patents owned by Core Wireless.

From Core Wireless:

Core Wireless alleged that most of LG's recent smartphones, including its leading LG G4 model, infringe two Core Wireless patents. The jury determined that the patents are infringed and not invalid and awarded Core Wireless past damages based on a reasonable royalty of $0.10 cents per unit, or $3.5 million.

Core Wireless will also ask District Judge Rodney Gilstrap for additional payment of $0.10 cents per unit for royalty on all future sales on the infringing products until the patent expiration date which will be in 2027.
LG ordered by court to pay $3.5 million in damages for patent violations LG ordered by court to pay $3.5 million in damages for patent violations Reviewed by Wicked Sago on 12:53:00 PM Rating: 5

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