Samsung Faces $303 Million Jury Verdict for Patent Infringement

Pc-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 “reminiscence 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 know-how infringe its patents. Netlist stated its improvements improve the facility effectivity of reminiscence modules and permit customers to “derive helpful info from huge quantities of knowledge in a shorter time frame.”

A Netlist lawyer instructed the jury that Samsung took its patented module know-how after the businesses had collaborated on one other challenge, in keeping 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 had been invalid and that its know-how labored otherwise than Netlist’s innovations.

The case is Netlist v. Samsung Electronics, U.S. District Court docket for the Japanese 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 gadgets. The report, revealed by the New York Instances 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 synthetic intelligence tech behind ChatGPT.

© Thomson Reuters 2023