Samsung ordered to pay US$118-million for infringing Netlist patents [Globe and Mail, The (Toronto, Canada)]
NETLIST INC (NLST)
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Source: Globe and Mail, The
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 allegations, arguing that the patents we
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News
- Samsung ordered to pay $118 million for infringing Netlist patents [Yahoo! Finance]Yahoo! Finance
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- Netlist, Inc. (NLST) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
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