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Intel Wins $2 Billion Reprieve After Court Quashes Patent Infringement Award

NewsTech

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Chipmaker Intel Corporation scored a big victory in court earlier today when an appeals court dismissed a $2.18 billion fine that had been imposed on it in 2021. The fine related to key chip power management and performance attributes came after a lawsuit was filed by VLSI Technology, an intellectual property license firm based in Chicago, Illinois. While IP licensing firms do not directly engage in business operations of the industries they own patents of, they still command some control by acquiring the rights to key technologies, without which technological advancement would be difficult. VLSI had sued Intel in 2019, […]

Read full article at https://wccftech.com/intel-wins-2-billion-reprieve-after-court-quashes-patent-infringement-award/

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