A federal jury on Wednesday said Philips Electronics NA should pay US$466.8mil (RM1.51bil) to Masimo Corp for having infringed two patents for technology used to help measure blood oxygen and track pulse rates.
Shares of Masimo closed 12.9% higher, rising US$2.74 (RM8.92) to US$24.02 (RM78.17) on the Nasdaq.
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