LG ordered to pay $3.5 million in damages to Core Wireless over patent violations
Core Wireless, a company which holds numerous patents for 2G, 3G, and 4G LTE network technologies, has been awarded $3.5 million in damages after a jury found the LG violated two patents owned by the company. The patents concerned smartphone user interfaces, and the jury awarded Core Wireless $0.10 in damages per unit.
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.
Additionally, Core will ask the judge to order LG to pay a $0.10 per unit royalty on all future sales on infringing smartphones for the life of the patent, which ends in 2027.
AIVAnet 