Intel, ParkerVision settle chip patent lawsuit during Texas trial


FILE PHOTO The Intel Corporation logo is seen at a temporary office during the World Economic Forum 2022 WEF in the Alpine resort of Davos Switzerland May 25 2022. REUTERSArnd Wiegmann

FILE PHOTO: The Intel Corporation logo is seen at a temporary office during the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 25, 2022. REUTERS/Arnd Wiegmann

(Reuters) - Chipmaking giant Intel Corp on Tuesday settled a patent lawsuit brought by wireless technology developer ParkerVision Inc on the second day of a West Texas jury trial in the case, court records showed.

A ParkerVision filing with the U.S. Securities and Exchange Commission on Tuesday said it would receive $25 million in a settlement that also includes a patent licensing agreement.

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