Published 3 years ago

Intel loses Texas patent trial, ordered to pay $2.18 billion in damages

Summary by Reuters

Chipmaker Intel Corp was ordered to pay $2.18 billon by a federal jury after losing a patent-infringement trial in Texas on Tuesday.

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Reuters

Intel loses Texas patent trial, ordered to pay $2.18 billion in damages

Chipmaker Intel Corp was ordered to pay $2.18 billon by a federal jury after losing a patent-infringement trial in Texas on Tuesday.

3 years ago·United Kingdom

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IBTimes

Intel Hit With $2.2 Bn Verdict In US Patent Trial

A federal jury in Texas on Tuesday ruled that US computer chip giant Intel should pay $2.2 billion to VLSI Technology in a patent infringement case. Intel said it would appeal the decision. "Intel strongly disagrees with today's jury verdict," spokesman William Moss said in reply to an AFP inquiry. "We intend to appeal and are confident that we will prevail." The suit filed by patent-holding company VLSI in early 2019 accused Intel of violating …

3 years ago·United States

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Financial Post

Intel asked to pay $2.18 bln after losing Texas patent trial

Intel Corp was asked to pay $2.18 billon after losing a patent-infringement trial over technology related to chip-making, Bloomberg News reported on Tuesday. Read More

3 years ago·Canada

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Bangkok Post

Intel hit with $2.2bn verdict in US patent trial

SAN FRANCISCO: A federal jury in Texas on Tuesday ruled that US computer chip giant Intel should pay $2.2 billion to VLSI Technology in a patent infringement case.

3 years ago·กทม, Thailand

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Bloomberg Quint

Intel Told to Pay $2.18 Billion After Losing Texas Patent Trial

(Bloomberg) -- Intel Corp. was told to pay $2.18 billion after losing a patent-infringement trial over technology related to chip-making.Intel infringed two patents owned by closely held VLSI Technology LLC, a federal jury in Waco, Texas, said. The jury found $1.5 billion for infringement of one patent and $675 million for infringement of the second. Intel, the world’s largest chipmaker, denied infringing either of the patents and said one was i…

3 years ago·Mumbai, India

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The Verge

A jury says Intel owes $2.18 billion for infringing a zombie chip company’s patents

Intel may owe quite a bit of cash to a semiconductor company that hasn’t existed for 20 years. A Texas jury has asked Intel to pay $2.18 billion for infringing two patents owned by VLSI Technology, according to Bloomberg.VLSI seemingly rose from the dead in 2019 specifically to sue. The last time it was a company was in 1999 when Philips purchased the semiconductor design firm for $1 billion, with its assets later traveling to Philips spinoff NX…

3 years ago·United States

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