Intel told to pay $2.18bn in court because patent law is super weird | PC Gamer - carsonhable1998
Intel told to pay $2.18bn in court because patent law is superior weird
Intel has been ordered to pay $2.18bn in damages to VLSI Technology LLC over letters patent infringement. To pose that into just about context, that's nearly twice what Ea recently paid for Codemasters. An entire game developer's deserving of Johnny Cash for a partner off of patents.
The 2 patents relating to chipmaking technology are aforementioned to not have been wilfully infringed by Intel—you wear't need to make out nearly a patent to infringe it—but the TX jury has nevertheless subordinate in favour of VLSI, and for of import and massive redress.
Unsurprisingly, Intel will ingathering the finding of fact.
The damages award to VLSI are close to of the largest in U.S. story (via Law360), and Intel's lawyer, William Lee of WilmerHale, was sure to make a point of that, Bloomberg Law reports.
"[VLSI] took two patents off the ledge that hadn't been used for 10 eld and same, 'We'd like $2 billion'," Lee is aforesaid to have told the Jury. He claims $2.2 million would be a far to a greater extent suitable count on in redress.
Lee also same that VLSI has no products or other revenue streams beyond this lawsuit.
The patents that Intel is now said to have infringed upon were previously owned by NXP Semiconductors, Iraqi National Congress., a Dutch chipmaking company founded in Eindhoven spun out of Philips, and which was almost bought by Qualcomm in 2016. It gained the patents from previous acquisitions.
The two patents then made their way into the hands of VLSI in 2019, Bloomberg Law reports.
The patents, no. 7,523,373 and 7,725,759, are said to relate to inventions that increase the power and rush along of processors, which certainly places them in Intel's kingdom of expertness.
Intel should give no job compensable off the damages, at least. The company made $5.9bn in earning income in the fourth quarter of 2020.
Nevertheless, a tip that big has got to burn, and Intel South Korean won't represent pleased it forfeited a trial much as this ace. Only it's likely we'll reckon more twists and turns in this case before it's over for good.
Source: https://www.pcgamer.com/intel-vlsi-patent-trial-damages/
Posted by: carsonhable1998.blogspot.com

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