SSNLF - Micron Ordered To Pay $445M Penalty For Patent Violation: Report | Benzinga
Micron Technology Inc (NASDAQ:MU) has been ordered to pay $445 million in damages to Netlist Inc (OTC:NLST) for infringing on Netlist’s patents related to high-performance memory-module technology.
The decision was reached by a jury in the U.S. District Court for the Eastern District of Texas, reported Reuters.
Netlist had accused Micron of using its patented technology to improve the capacity and performance of memory modules in semiconductor-memory products.
The jury found Micron’s infringement to be willful, which might allow the judge to increase the damages up to threefold.
“We are grateful for the jury’s service, and their recognition of the importance of ...