Sunday, September 24, 2023
  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zoneUpdated
    • ViewnetUpdated
    • Sri ComputersUpdated
    • StartecUpdated
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zoneUpdated
    • ViewnetUpdated
    • Sri ComputersUpdated
    • StartecUpdated
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home News

Intel Ordered To Pay US$2.18 Billion To Previously Inactive Company In Patent Lawsuit

by Sebastian Loh
March 3, 2021
67
SHARES
Share on FacebookShare on Twitter

A US court has ordered Intel to pay US$2.18 billion (~RM8.83 billion) to VLSI Technology for infringing two chip-related patents owned by the latter, Bloomberg said. In a strange twist, VLSI was previously inactive for 20 years from 1999, and then seemingly emerged again in 2019 just to sue Intel, The Verge noted.

Indeed, Intel lawyer William Lee told the court that VLSI didn’t have products and that the lawsuit was its only source of potential revenue. VLSI “took two patents off the shelf that hadn’t been used for 10 years and said, ‘We’d like $2 billion,'” Lee said, according to Bloomberg.

Lee called VLSI’s demand “outrageous” and argued that it didn’t deserve more than US$2.2 million (~RM8.9 million). The jury obviously disagreed, resulting in one of the largest patent-damages award in US history – equivalent to half of Intel’s fourth quarter profit.

Intel said it would appeal the court’s decision.

Here’s where it gets complicated. Electronics giant Philips bought VLSI in 1999. Later, VLSI assets find their way into NXP, a Philips spinoff company that makes chips.

A company named Freescale Semiconductor used to hold one of the patents in question, and SigmaTel the other. Freescale eventually acquired SigmaTel and then was itself acquired by NXP in 2015. Bloomberg Law said the two patents were transferred to VLSI in 2019.

(Source: Bloomberg, The Verge.)

What’s your Reaction?
+1
0
+1
0
+1
0
+1
0
+1
0
+1
0
+1
0

Follow us on Instagram, Facebook, Twitter or Telegram for more updates and breaking news. 

Filed Under chipintelintel lawsuitlawsuitlawsuitsPatent Claimpatent infringementPatent LawsuitPatents
Back to top
Share27Tweet17SendShare
No Result
View All Result

TRENDING THIS WEEK

  1. 1
    Telco

    Maxis, U Mobile, CelcomDigi Announce Their iPhone 15 Pre-Order Plans

  2. 2
    Branded

    The Samsung Galaxy Z Flip5: Unfolding A World Where Durability Meets Design Excellence

  3. 3
    Computing

    Major Windows 11 Update Coming 26 September; Here’s What’s New

  4. 4
    Telco

    Yes 5G To Offer iPhone 15 Series Starting From RM21/Month

  5. 5
    Branded

    Rewriting Your Sleep Cycle with Samsung Galaxy Watch6 Series

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2023 VIJANDREN RAMADASS. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zone
    • Viewnet
    • Sri Computers
    • Startec
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2023 LOWYAT, LLC. ALL RIGHTS RESERVED.