Sunday, June 16, 2024

ET Telecom: Micron faces $445 million US verdict in Netlist patent trial

Modifying the body placing embeds, promoslots, related, etc.

A U.S. jury has ruled in favor of computer-memory company Netlist in a patent dispute against chipmaker Micron Technology. The jury awarded Netlist $445 million in damages for Micron’s violation of two Netlist patents related to memory-module technology for high-performance computing.

The jurors, sitting in the U.S. District Court for the Eastern District of Texas, found that Micron’s semiconductor-memory products infringed Netlist’s patents, which aim to enhance the capacity and performance of memory modules. The jury also determined that Micron’s infringement was willful, which could potentially result in the damages being tripled by the judge.

Netlist’s attorney, Jason Sheasby, expressed gratitude for the jury’s decision and emphasized the importance of recognizing Netlist’s innovation in the technology sector.

This verdict comes on the heels of Netlist’s previous successful litigation against Samsung, where they won a $303 million judgment in a similar dispute over high-performance computer memory patents in the same Texas court last year.

Micron, headquartered in Boise, Idaho, has seen a surge in its stock price this year due to the growing demand for its chips used in artificial intelligence technology. The company was sued by Netlist in 2022 over allegations that three of its semiconductor memory-module lines infringed Netlist’s patents. Micron denied the claims and raised defenses, including arguing that the patents were invalid.

While the U.S. Patent and Trademark Office invalidated one of the patents in April, potentially reducing the final damages amount, the verdict still stands as a significant win for Netlist in protecting its intellectual property rights.

The representatives for Micron have not yet commented on the jury’s decision. The case highlights the ongoing battles between tech companies over patent infringement and the high stakes involved in protecting intellectual property in the competitive semiconductor industry.

Related Articles

Latest Articles

Most Popular