Silicon Image Inc., a designer of high-definition video microchips, said on Thursday it expects to book up to $15 million in additional operating income for its fourth quarter after settling a five-year-old patent lawsuit against Genesis Microchip Inc. Under the deal, Genesis will pay additional monies on top of $11 million it had paid Silicon Image through the end of September, meaning Silicon Image expects to record an additional $13 million to $15 million in operating income for the quarter.

Posted by GEN-ERIC at 12:13:52 am into the following categories: In The News

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