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04/25/06
Memory chip designer Rambus said a San Jose jury has ruled in its favor and awarded it $306.5 million in a patent infringement case against Hynix Semiconductor. The case began in 2000, when the memory chip giant Hynix sued Rambus, seeking to invalidate 11 of Rambus' patents. Rambus, based in Los Altos, then countersued Hynix, one of the world's largest memory chip companies. Rambus' shares surged 15.28 percent in regular-hour trading, as investors believed the jury verdict would possibly help the chip designer in its other patent infringement cases. The company has ongoing patent infringement lawsuits against Micron, Samsung and another memory technology suit against Hynix. The company alleges that its many designs to speed up the communication between the memory chips and the microprocessor were infringed.
Posted by GEN-ERIC at 03:00:35 am into the following categories: In The News
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