Apple, Broadcom settle Wi-Fi chip patent lawsuit with Caltech: report
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The California Institute of Technology came to an agreement to end its patent lawsuit against Apple (NASDAQ:AAPL) and Broadcom (NASDAQ:AVGO) over Wi-Fi chips, Reuters reported, citing a filing in California federal court.
The lawsuit dates back to 2016 and alleged that iPhones, iPads, Apple Watches and other Apple (AAPL) devices using Broadcom (AVGO) chips infringed its wireless-communication patents.
Caltech said it would dismiss the case with prejudice, meaning it cannot be refiled.
In August, the parties told the court that they had reached a potential settlement without disclosing details. 
In 2020, a jury ordered Apple (AAPL) to pay $837.8M and Broadcom (AVGO) to pay $270.2M in patent-infringement damages, a ruling that was overturned by an appeals court last year. A new trial was ordered, which was postponed indefinitely in May.
The university settled a related lawsuit against Samsung Electronics (OTCPK:SSNLF) in August, though it is still in court against Microsoft (MSFT), Dell (DELL) and HP (HPQ) over its Wi-Fi patents.

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