Intel hit with US$949mil US verdict in VLSI trial

Patent issue: An Intel spokesperson says the company strongly disagrees with the verdict and plans to appeal. — Reuters

NEW YORK: A federal jury has ruled that Intel Corp must pay VLSI Technology LLC US$948.8mil (RM4.28bil) for infringing a VLSI patent for computer chips.

VLSI, a patent-holding company affiliated with the SoftBank Group Corp-owned private equity firm Fortress Investment Group, argued during the six-day trial that Intel’s Cascade Lake and Skylake microprocessors violated its patent covering improvements to data processing.