Home Technology News Today Intel Fined 2 Billion USD In Damages For Patent Infringement

Intel Fined 2 Billion USD In Damages For Patent Infringement

307


A federal jury in Texas has dominated that Intel Corporation violated two patents of VLSI Technology and should pay 2.18 billion USD in damages. The damages embody 1.5 billion for one patent and 675 million for the opposite. The patents are associated to clock frequency management and minimal reminiscence working voltage approach and had been awarded to Freescale Semiconductor Inc in 2012 and SigmaTel in 2010. Freescale purchased SigmaTel gaining management of the 2 patents earlier than being handed to NXP after the corporate acquired Freescale in 2015, these patents had been then transferred to the newly resurrected VLSI Technology in 2019 with the only real function of launching a authorized battle towards Intel. In a remark to Tom’s Hardware the corporate stated “Intel strongly disagrees with today’s jury verdict. We intend to appeal and are confident that we will prevail.”. This authorized battle will probably drag-out for a number of years as Intel plans to attraction the current ruling. Intel recorded a web revenue of 5.9 billion USD in This fall 2020 so this positive is under no circumstances insignificant.



Source hyperlink

LEAVE A REPLY

Please enter your comment!
Please enter your name here