S&P 500
7,401.00
+0.91%
Dow Jones
49,665.70
+0.19%
Nasdaq 100
29,241.00
+2.43%
Russell 2000
2,860.88
+0.82%
FTSE 100
10,263.70
+0.48%
Nikkei 225
63,767.70
+2.68%

Investing

Apple Settles Patent Suit with Taiwanese Company (AAPL)

Photo of Paul Ausick
By Paul Ausick Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Taiwanese chip maker Elan Microelectronics Corp. has settled a patent dispute with Apple Inc. (NASDAQ: AAPL). According to Elan, Apple will pay the company $5 million and the two will sign a cross-licensing agreement on the disputed patents.

The settlement stems from a ruling by the US International Trade Commission in which the two companies accused each of infringing two patents. The ITC ruled in June that Apple had violated one of Elan’s claims, and that is what eventually led to the settlement.

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Continue Reading

Apple Ordered to Cease iPhone Sales in Germany
Paul Ausick |

Apple Ordered to Cease iPhone Sales in Germany

Qualcomm won an injunction against Apple in a German court this morning that bans the sale in the country of…

Paul Ausick |

Samsung Won’t Deal with Apple

courtesy of AppleIn the wake of the news that Apple Inc. (NASDAQ: AAPL) and Taiwan’s HTC Corp. had settled their…

Jon C. Ogg |

Samsung Propped Up by Smartphone Shipments (AAPL, NOK, RIMM, SSNLF, GOOG, MMI)

In the third quarter of 2011, Apple Inc. (NASDAQ: AAPL) shipped about 20 million iPhones, a quarter-over-quarter increase of about…

Qualcomm’s Not So Good, Very Bad Day Could Get a Lot Worse If Apple Demands a Do-Over
Paul Ausick |

Qualcomm’s Not So Good, Very Bad Day Could Get a Lot Worse If Apple Demands a Do-Over

Tuesday's ruling against Qualcomm's pricing practices could be an even bigger blow to the company if Apple seeks to renegotiate…

Douglas A. McIntyre |

Apple and HTC Settle Huge Patent Battle

Apple Inc. (NASDAQ: AAPL) seems to be in patent battles with most of the balance of the smartphone and tablet…

Jon C. Ogg |

Apple Bests Samsung in Australia — Who’s Next? (AAPL, SSNLF, GOOG, MMI)

An Australian court has ruled in favor of Apple Inc. (NASDAQ: AAPL) in a patent dispute with Samsung Electronics (OTC:…

Jon C. Ogg |

Kodak Patent Hopes, Mirage Versus Reality (EK, AAPL, RIMM, MMI, NOK, SNE, ERIC)

It is perhaps a truism that when all you have is a hammer, everything looks like a nail. That seems…

Paul Ausick |

VirnetX Stock Tumbles on Hung Jury

ThinkstockIn a patent infringement case similar to the one it won against Apple Inc. (NASDAQ: AAPL), a jury has been…

Paul Ausick |

Oracle Rejects Google Offer in Patent Dispute (ORCL, GOOG)

In August 2010, Oracle Corp. (NASDAQ: ORCL) filed suit against Google Inc. (NASDAQ: GOOG) for patent infringements on the Java…

Top Gaining Stocks

Akamai
AKAM • Vol: 21,556,944
Micron Technology
MU • Vol: 65,135,624
Intel
INTC • Vol: 227,504,426
Monster Beverage
MNST • Vol: 15,284,847
Dell Technologies
DELL • Vol: 12,167,525

Top Losing Stocks

Mettler Toledo International
MTD • Vol: 539,266
Motorola Solutions
MSI • Vol: 3,101,643
Expedia
EXPE • Vol: 4,189,786
Coterra Energy
CTRA • Vol: 73,319,495
Fidelity National Information Services
FIS • Vol: 11,468,820