Netlist wins $118 million in second patent infringement trial against Samsung

seekingalpha
25 Nov 2024

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  • Netlist (OTCQB:NLST) Monday said that it won a $118 million damages award against Samsung (OTCPK:SSNLF) in the United States District Court for the Eastern District of Texas.
  • The award resulted from a jury trial which involved three Netlist patents: U.S. Patent Nos. 7,619,912, 11,093,417 and 10,268,608. The infringing products were all Samsung DDR4 RDIMMs and DDR4 LRDIMMs. Netlist filed the complaint against Samsung in August 2022.
  • The federal jury's unanimous verdict confirmed that all three Netlist (OTCQB:NLST) "patents had been infringed by Samsung (OTCPK:SSNLF), that none of the patents were invalid, that Samsung willfully infringed those patents, and that money damages were owed to Netlist for the infringement of all three patents."
  • Source: Press Release

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