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University wins $1.1bn battle with Apple and supplier over iPhone patents

University wins $1.1bn battle with Apple and supplier over iPhone patents

World
Apple and the wifi chip company it uses for iPhones have been ordered to pay $ 1.1bn (£840.5m) to a university for infringing patents.A jury handed down the verdict in favour of the California Institute of Technology (Caltech) which claims the Broadcom wifi chips used in hundreds of millions of Apple iPhones infringed four of its data transmission patents. The amount relates to how much Caltech believes it could have negotiated in royalties with the two companies in 2010 if they had struck a deal with the university before putting Broadcom chips into new Apple devices.Apple said it plans to appeal the verdict, but declined to comment further on the case that was filed in federal court in Los Angeles in 2016 by the research university.In court filings, Apple said it believed all the univers
Bombardier sells Northern Ireland operations in $1.1bn deal

Bombardier sells Northern Ireland operations in $1.1bn deal

Business
Canada's Bombardier has agreed to sell its Belfast-based aerospace business to US-based Spirit AeroSystems as part of a $ 1.1bn (£840m) deal.The business is Northern Ireland's biggest manufacturer, employing 3,600 people, and was put up for sale by Bombardier in May. Its history dates back to the 1930s when Shorts established its first factory in Belfast.The deal will see Kansas-based Spirit pay $ 500m (£390m) in cash, and take on liabilities worth $ 590m (£460m), to acquire aerostructure operations in Northern Ireland, Morocco and Texas.Spirit, whose global operations include a site in Prestwick, Scotland, makes parts for aeroplane makers Boeing and Airbus. Advertisement