Samsung ordered to pay $118 million for infringing Netlist patents [Yahoo! Finance]
NETLIST INC (NLST)
Last netlist inc earnings: 11/4 09:00 am
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Source: Yahoo! Finance
from Samsung Electronics in a patent lawsuit over technology for improving data processing in high-performance memory products. The verdict follows a $303 million verdict against Samsung for Irvine, California-based Netlist in a related case last year. Netlist also won $445 million from chipmaker Micron in May in a separate lawsuit over some of the same patents. Spokespeople for Samsung and Netlist did not immediately respond to requests for comment on the Friday verdict. The jury also determined that Samsung's infringement was willful, which could lead to a judge increasing the award by up to three times. Netlist sued Samsung in 2022, alleging that the Korean tech giant's memory modules used in cloud computing servers and other data-intensive technology infringed its patents. Netlist said its innovations increase the power efficiency of memory modules and enable users to "derive useful information from vast amounts of data in a shorter period." Samsung denied the allegation
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News
- Samsung ordered to pay US$118-million for infringing Netlist patents [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Netlist to Attend 13th Annual Roth Technology ConferenceAccesswire
- Netlist, Inc. (OTCMKTS: NLST) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Netlist, Inc. (OTCMKTS: NLST) had its price target lowered by analysts at Roth Mkm from $4.00 to $2.00. They now have a "buy" rating on the stock.MarketBeat
- Netlist, Inc. (NLST) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
NLST
Earnings
- 10/29/24 - Beat
NLST
Sec Filings
- 11/7/24 - Form 10-Q
- 10/29/24 - Form 8-K
- 10/11/24 - Form 424B5
- NLST's page on the SEC website