U.S. jury awards $300 million in damages to Apple

An Apple logo is seen at an Apple store as pre-Thanksgiving and Christmas shopping accelerates at the King of Prussia Mall in King of Prussia.

A U.S. jury on Friday awarded Optis Wireless Technology LLC and several other related companies $300 million in damages after a second patent trial against iPhone maker Apple Inc.

A jury had previously found that Apple had infringed five essential wireless standards patents and awarded $506 million in damages, but the U.S. District Judge Rodney Gilstrap in Marshall, Texas, vacated that award in April and ordered a new trial to determine the amount of damages (document 64 )

In a statement Optis said: Optis makes no products and its sole business is to sue companies by patents they accumulate. We will continue to defend against their attempts to extract unreasonable payment for patents they acquire.