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Home Business & Finance A jury says Intel owes $2.18 billion for infringing a zombie chip...

A jury says Intel owes $2.18 billion for infringing a zombie chip company’s patents

Document Analysis NLP IA

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neutral
sentiment

Sentiment0.089033189033189
subjective
redaction

Subjectivity0.51053391053391
probably it's an affirmation
Affirmation0.48591549295775

Highlights

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Key Concepts (and relevance score)

Summary (IA Generated)

Intel may owe quite a bit of cash to a semiconductor company that hasn’t existed for 20 years.

18 billion for infringing two patents owned by VLSI Technology, according to Bloomberg.

The last time it was a company was in 1999 when Philips purchased the semiconductor design firm for billion, with its assets later traveling to Philips spinoff NXP (which you may know from its tap-to-pay NFC chips, among other things).

Calling out VLSI as a zombie brand was part of Intel’s argument, according to Bloomberg: .

VLSI “took two patents off the shelf that hadn’t been used for 10 years and said, ‘We’d like $2 billion,”’ Lee told the jury.

18 billion — for infringing two of the three patents.

”.

Fortress and VLSI Technology have other lawsuits pending against Intel, too.


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