Once again, tech giant Apple Inc. (NASDAQ: AAPL) has to face a patent infringement lawsuit filed by Sweden-based networking and telecommunications company Ericsson, Reuters reported. There are a series of issues ongoing between the two companies related to a royalty payment for the use of Ericsson's 5G wireless patents in iPhones.  Background  The two companies negotiated over the renewal of a seven-year licensing contract for telecoms patents, which was signed first in 2015, but in vain. As a result, both companies sued each other in the U.S.  Notably, Apple was sued by Ericsson in October, who accused the company of reducing the royalty rates inappropriately.
https://www.tipranks.com/news/apple-faces-another-lawsuit-over-5g-patent-licensing-report?utm_source=advfn.com&utm_medium=referral
Apple (NASDAQ:AAPL)
Historical Stock Chart
Von Apr 2022 bis Mai 2022 Click Here for more Apple Charts.
Apple (NASDAQ:AAPL)
Historical Stock Chart
Von Mai 2021 bis Mai 2022 Click Here for more Apple Charts.