singlezeroroulette| Micron Technology (MU.US) faces $445 million in damages after losing patent litigation with Netlist

Zhitong Finance APP learnedsinglezerorouletteThe U.S. District Court for the Eastern District of Texas ruled that the jury found Micron Technology (MUsinglezeroroulette.US) ViolationsinglezerorouletteComputer memory company Netlist's patent rights on high-performance computing memory module technology have been awarded and Netlist needs to be compensated US$445 million.

The case began in 2022, when Netlist accused Micron of violating Netlist's patents related to memory chip capacity enhancement technology on its three storage production lines.

District Court jurors found this time that Micron did infringe Netlist's two storage patents and needed to pay US$425 million and US$20 million in compensation respectively.

Jurors also believed that Micron committed intentional infringement, which could lead the judge to further increase the amount of compensation.

Micron said it plans to appeal the jury's verdict.

Micron said the vast majority of the damages awarded by the jury were based on Netlist's 912 patent, which had been invalidated by the U.S. Patent Trial and Appeal Board of the U.S. Patent and Trademark Office more than a month before the trial (IPR2022-00615singlezeroroulette, Document No. 96). The jury's verdict does not affect previous rulings that Netlist patents are invalid.