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Using global intellectual-property initiatives to sustainable growth Mitsubishi Electric Corporation (TOKYO:6503) announced today that it ranked first among Japanese firms and third globally in terms of international patent applications filed in 2020 according to an announcement by the Switzerland-based World Intellectual Property Organization (WIPO) on March 2. The high rankings reflect Mitsubishi Electric s strategic positioning of intellectual property (IP) as a crucial business resource, including for R&D to support the company s sustainable growth.
Mitsubishi Electric has been actively filing international patent applications in line with its globalizing business. The company has ranked first among Japanese companies for six consecutive years within the top five internationally for seven consecutive years. Mitsubishi Electric has been particularly active in filing patent applications related to IoT- and AI-supported solutions in recent years.
Chipmaker Intel Corp must pay a technology rival $2.18 billion after a federal jury decided that Intel infringed on its patent, a federal court ruled on Tuesday.
Intel owes record $2.2bn patent damages says jury verdict
03-03-2021
18-09-2020
Intel has been hit with a $2.18 billion damages verdict after a federal jury in Texas ruled that the chipmaker had infringed two patents owned by VLSI Technology.
The jury awarded VLSI $1.5 billion for the infringement of US patent number 7,523,373 and $675 million for the infringement of US patent number 7,725, 759.
If upheld, the award will be the largest patent damages award in US history.
In 2016, a jury at the US District Court for the District of Delaware awarded MSD subsidiary Idenix $2.54 billion in damages for patent infringement, the largest in a US patent case to date.
Intel told by jury to pay $2 18bn to VLSI for ripping off two semiconductor patents theregister.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theregister.com Daily Mail and Mail on Sunday newspapers.