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Intel Corp. convinced a Texas jury that VLSI Technology LLC is controlled by Fortress Investment Group, setting up a potential escape from more than $3 billion in patent-infringement verdicts against the chipmaker in the lengthy dispute. https://t.co/jZzCLi35J6
Intel secures a jury verdict confirming that Fortress Investment Group controls VLSI Technology, a decision that may overturn more than $3 billion in patent infringement awards from Intel to VLSI. https://t.co/ynhndGyrFJ
Samsung was hit with a $111.7 million jury verdict in Eastern District federal court for patent infringement. Litigation reporter Laura Lorek has details about the case at the link: https://t.co/nd41KJ1EXx https://t.co/Z1CXsveU76
Samsung has been found guilty by a U.S. federal court of infringing key technology patents and has been ordered to pay $117 million in damages. The verdict was delivered by a jury in the Eastern District court, marking a legal setback for the South Korean tech giant. Samsung has indicated that it plans to appeal the decision, suggesting that the patent litigation battle is ongoing. Meanwhile, Intel secured a separate jury verdict confirming that Fortress Investment Group controls VLSI Technology LLC. This ruling could potentially overturn more than $3 billion in patent infringement awards previously granted to VLSI against Intel, offering the chipmaker a possible reprieve in the protracted legal dispute.
