The $1,999 foldable screen iPhone is ready to launch, but Apple (AAPL.US) faces an over $5.7 billion patent compensation penalty.

According to Jinshi Finance APP, as the US consumer electronics giant Apple (AAPL.US) ramps up its investment in foldable iPhones and AI growth businesses, it faces a judgment of over $5.7 billion in damages related to haptic technology patents. On September 25, a federal jury in California determined that Apple’s Taptic Engine, used in certain iPhones and Apple Watches, infringed on two patents held by Taction Technology. Apple denies using Taction’s technology and has clearly stated that it will appeal.