Wall Street Jedi
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Wall Street Jedi
No Result
View All Result
Home Investing

Samsung ordered to pay $118 million for infringing Netlist patents

by
November 23, 2024
in Investing
0
Samsung ordered to pay $118 million for infringing Netlist patents
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter

By Blake Brittain

(Reuters) – A federal jury in Marshall, Texas, on Friday awarded computer memory company Netlist (OTC:NLST) $118 million in damages from Samsung Electronics (KS:005930) 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 (NASDAQ:MU) 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 were invalid and that its technology worked differently than Netlist’s inventions.

Samsung has also filed a related lawsuit in Delaware federal court accusing Netlist of breaking an obligation to offer fair licenses for technology required to comply with international standards.

This post appeared first on investing.com
Previous Post

Fed survey finds inflation fading as a risk next to debt, trade wars

Next Post

Exclusive-Saudi Aramco unit in talks to invest $1 billion in US software maker Mavenir, sources say

Next Post
Exclusive-Saudi Aramco unit in talks to invest $1 billion in US software maker Mavenir, sources say

Exclusive-Saudi Aramco unit in talks to invest $1 billion in US software maker Mavenir, sources say

  • Trending
  • Comments
  • Latest
American creating deepfakes targeting Harris works with Russian intel, documents show

American creating deepfakes targeting Harris works with Russian intel, documents show

October 23, 2024
Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers

Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers

October 28, 2024
Earnings call: Microsoft sees soaring cloud and AI growth in Q1 FY2025

Earnings call: Microsoft sees soaring cloud and AI growth in Q1 FY2025

October 31, 2024
Israel stocks lower at close of trade; TA 35 down 0.23%

Israel stocks lower at close of trade; TA 35 down 0.23%

October 6, 2024
Home Depot is buying GMS for about $4.3 billion as it chases more home pros

Home Depot is buying GMS for about $4.3 billion as it chases more home pros

0
Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

0
PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

0
East and Gulf coast ports shut down as thousands of workers go on strike

East and Gulf coast ports shut down as thousands of workers go on strike

0
Home Depot is buying GMS for about $4.3 billion as it chases more home pros

Home Depot is buying GMS for about $4.3 billion as it chases more home pros

July 1, 2025
Home Depot is buying GMS for about $4.3 billion as retailer chases more home pros

Home Depot is buying GMS for about $4.3 billion as retailer chases more home pros

June 30, 2025
Microsoft says goodbye to the Windows blue screen of death

Microsoft says goodbye to the Windows blue screen of death

June 30, 2025
Apple reveals complex system of App Store fees to avoid E.U. fine of 500 million euros

Apple reveals complex system of App Store fees to avoid E.U. fine of 500 million euros

June 30, 2025

Recent News

Home Depot is buying GMS for about $4.3 billion as it chases more home pros

Home Depot is buying GMS for about $4.3 billion as it chases more home pros

July 1, 2025
Home Depot is buying GMS for about $4.3 billion as retailer chases more home pros

Home Depot is buying GMS for about $4.3 billion as retailer chases more home pros

June 30, 2025
Microsoft says goodbye to the Windows blue screen of death

Microsoft says goodbye to the Windows blue screen of death

June 30, 2025
Apple reveals complex system of App Store fees to avoid E.U. fine of 500 million euros

Apple reveals complex system of App Store fees to avoid E.U. fine of 500 million euros

June 30, 2025

Disclaimer: WallStreetJedi.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 wallstreetjedi.com | All Rights Reserved

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 wallstreetjedi.com | All Rights Reserved