Apple Settles Patent Infringement Lawsuit with Elan for $5 Million

January 9, 2012 - Apple settled a patent infringement lawsuit with Elan Microelectronics, a Taiwanese company, for $5 million.

Elan sued Apple in 2009, claiming that its patents on touch-based technologies were infringed by the iPhone, iPod Touch and MacBook, and requested that the International Trade Commission (ITC) ban imports of the potentially infringing Apple products.

Besides the $5 million payment, Apple and Elan will also be able to use each other's patents under the terms of the settlement.

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