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4th March 2021, 15:17 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
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| Intel faces $2.18 billion patent payout VLSI payout largest in history Intel was told to pay VLSI Technology LLC $2.18 billion by a federal jury in Texas after losing a patent infringement trial over technology related to chip-making. The fine was one of the largest patent-damages award in US history, and Chipzilla said it would appeal. The court ruled that Intel infringed two patents owned by closely held VLSI, the jury in Waco, Texas, said Tuesday. The jury found $1.5 billion for infringement of one patent and $675 million for breach of the second. The jury rejected Intel's denial of infringing either of the patents and its argument that one patent was invalid because it claimed to cover work done by Intel engineers. The patents were owned by Dutch chipmaker NXP Semiconductors, which will get a cut of the cash. VLSI was founded four years ago and has no products of its own. https://fudzilla.com/news/52446-inte...-patent-payout |
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