Micron to Pay $445 Million for Stealing Computer Memory Technologies from Netlist

Micron Technology, the world’s largest chip manufacturer, has been ordered to pay $445 million to Netlist as compensation for a patent infringement case involving memory module technology for high-performance computing.

The US District Court jury in Eastern Texas decided that Micron’s products, specifically its memory chips, infringed upon two Netlist patents tied to the enhanced capacity and performance of memory chips. The jury also determined that Micron’s patent infringement was intentional, which could have increased the compensation up to $1.335 billion, as per a report by Reuters.

Netlist’s win against Micron marks the largest victory in the history of semiconductor memory patent disputes and the second-largest patent infringement compensation awarded by a Texas Eastern District Court.

Last year, Netlist won a similar case against Samsung involving the same patents – high-performance memory technology – and received a compensation of $303 million. The current triumph over another industry giant demonstrates the firm’s determination to defend its patents.

Micron, a key player in the computer memory market, has experienced an increased demand for its chips used in artificial intelligence applications. Still, the recent legal defeat due to patent infringement could slow this upward trend and damage Micron’s reputation as an innovative company. Micron’s representatives have yet to make a comment on the verdict.

In contrast, the smaller California-based Netlist has been actively defending its patents in the courts in recent years. This new victory will result in substantial income from the lawsuits and allow the company to continue developing cutting-edge memory technologies. “We are grateful to the court for its work and recognition of the importance of Netlist’s innovations,” said Netlist’s attorney, Jason Sheasby.

This post was last modified on 05/24/2024

Harry Males: Hey there, I'm Harry Males, your go-to news writer at Dave's iPAQ, where I traverse the intricate landscape of technology, reporting on the latest developments that shape our digital world. With a pen in hand and a passion for all things tech, I dive deep into the realms of Software, AI, Cybersecurity, and Cryptocurrency to bring you the freshest insights and breaking news. Artificial Intelligence is not just a buzzword for me – it's a captivating realm where machines mimic human intelligence. From the wonders of machine learning to the ethical considerations of AI, I'm dedicated to keeping you informed about the advancements that are reshaping industries and everyday life. Beyond the bylines and breaking news, I believe in fostering a community of tech enthusiasts. Whether it's engaging in discussions on forums, attending tech conferences, or sharing insights on social media, I aim to connect with readers who share a passion for the ever-evolving world of technology.