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Apple is reportedly working to salvage its $17 billion smartwatch business from an impending U.S. ban, set to take effect on Dec. 25, by tweaking algorithms related to blood oxygen level measurement, which is at the center of a patent infringement claim by Masimo Corp.
Apple Watch: Engineers at the company are racing to make changes to algorithms on the device that measure a user’s blood oxygen level — a feature that Masimo Corp. has argued infringes its patents. They’re adjusting how the technology determines oxygen saturation and presents the data to customers, according to people familiar with the work.
Apple Inc, just days away from a US ban of its smartwatches, is plotting a rescue mission for the US$17bil (RM79.65bil) business that includes software fixes and other potential workarounds.
There’s no stopping the market. Fresh off seven straight weeks of gains, major indexes mostly rose Monday as they attempted to maintain their momentum.
Without a last-minute veto by the White House, a ban imposed by the International Trade Commission (ITC) will take effect on December 25.