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 knowledge 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 large 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 expertise infringe its patents. Netlist stated its improvements improve the facility 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 instructed the jury that Samsung took its patented module expertise after the businesses had collaborated on one other undertaking, in line with a courtroom 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 expertise labored otherwise 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, revealed 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 lately after the mixing of the unreal intelligence tech behind ChatGPT.

© Thomson Reuters 2023