“The company has inherited a patent portfolio belonging to MobileMedia Ideas LLC, which has already proven its value. MobileMedia Ideas was a kind of ‘corporate troll,’ majority-owned by a patent pool called MPEG-LA. Minority stakes in MobileMedia were owned by Sony and Nokia, who also provided patents that could be used in lawsuits against other tech companies,” Mullin reports. “Last year, a Delaware federal jury found that Apple’s iPhone infringed a MobileMedia patent and ordered Apple to pay $3 million in damages. A judge later increased that amount to $10.7 million, or $0.125 per infringing unit, which included millions of iPhone 3G and iPhone 4 units.”
“While that case is on appeal, the MobileMedia portfolio was sold to Ironworks,” Mullin reports. “On Friday, Ironworks filed a new lawsuit seeking to ensure it has the rights to collect royalties for all later iPhone models—from the iPhone 4S all the way up to the still-not-shipped iPhone X.”
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MacDailyNews Take: We’re going to hope against hope here that eventually common sense will prevail, for once.