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Intel won chip patent lawsuit, avoiding USD 3 billion in damages
Intel had not infringed on the chip patents held by VLSI Technology, thus avoiding the impact of another multi-billion dollar compensation. The chip patent is used to speed up computers and was previously held by NXP Semiconductors.
A federal jury in Waco, Texas, ruled that Intel did not infringe on two patents held by VLSI. It was in the same court of this trial that another jury demanded that Intel pay VLSI US$2.18 billion for infringement of other patents last month.
This is the second patent lawsuit initiated by VLSI against Intel. In this litigation, VLSI asked Intel to pay $3 billion in compensation, believing that this patented invention is essential for Intel to increase chip speed and reduce energy consumption requirements.
Besides, Intel attorneys stated that the compensation demanded by VLSI is more than 3,000 times the estimated value of these patents in previous acquisitions. VLSI’s third lawsuit against Intel will be heard in June.
|VIA|