Samsung Faces $303 Million Jury Verdict for Patent Infringement

0
33
Samsung Faces $303 Million Jury Verdict for Patent Infringement


Computer-memory firm Netlist satisfied a federal jury in Texas on Friday to award it greater than $303 million (roughly Rs. 2,500 crore) for Samsung Electronics‘s infringement of a number of patents associated to enhancements in information processing.

The jury in Marshall, Texas decided after a six-day trial that Samsung’s “memory modules” for high-performance computing willfully infringed all 5 patents that Netlist accused the Korean tech big of violating.

Representatives for the businesses didn’t instantly reply to requests for remark. Netlist inventory was up 21 % following the decision on Friday afternoon.

Irvine, California-based Netlist sued Samsung in 2021, alleging Samsung reminiscence merchandise utilized in cloud-computing servers and different data-intensive know-how infringe its patents. Netlist mentioned its improvements enhance the ability effectivity of reminiscence modules and permit customers to “derive useful information from vast amounts of data in a shorter period of time.”

A Netlist legal professional advised the jury that Samsung took its patented module know-how after the businesses had collaborated on one other challenge, in accordance with a court docket transcript.

Netlist had requested the jury for $404 million (roughly Rs. 3,300 crore) in damages.

Samsung had argued that the patents have been invalid and that its know-how labored another way than Netlist’s innovations.

The case is Netlist v. Samsung Electronics, U.S. District Court for the Eastern District of Texas, No. 2:21-cv-00463.

In one other information, it was reported that Samsung Electronics was contemplating changing Google with Microsoft-owned Bing because the default search engine on its units. The report, printed by the New York Times over the weekend, underscores the rising challenges Google’s $162-billion (roughly Rs. 13,29,477 crore) a-year search engine enterprise face from Bing — a minor participant that has risen in prominence not too long ago after the mixing of the unreal intelligence tech behind ChatGPT.

© Thomson Reuters 2023


Xiaomi launched its digital camera focussed flagship Xiaomi 13 Ultra smartphone, whereas Apple opened it is first shops in India this week. We talk about these developments, in addition to different stories on smartphone-related rumours and extra on Orbital, the Gadgets 360 podcast. Orbital is accessible on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
Affiliate hyperlinks could also be routinely generated – see our ethics assertion for particulars.



Source hyperlink