Samsung ordered to pay $118 million for infringing Netlist patents

Quick Summary:

A federal jury in Marshall, Texas, on Friday awarded computer memory company Netlist $118 million in damages from Samsung Electronics in a patent lawsuit over technology for improving data processing in high-performance memory products.

Netlist also won $445 million from chipmaker Micron in May in a separate lawsuit over some of the same patents.

The jury also determined that Samsung's infringement was willful, which could lead to a judge increasing the award by up to three times.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Patents Memory Netlist Electronics Lawsuit Federal Million Company Samsung Verdict Technology

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-23 @ 05:58:57 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 291 words

Reading Time: 2 minutes read

Sentences: 13 lines

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Copyright Owner: © Channel News Asia

News ID: 23772978

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