MediaTek says will defend itself in accusation over patent 'bounty' agreement

FILE PHOTO: MediaTek chips are seen on a development board at the MediaTek booth during the 2015 Computex exhibition in Taipei, Taiwan, June 3, 2015. REUTERS/Pichi Chuang

TAIPEI (Reuters) - Taiwan's top chip design company MediaTek Inc said on Thursday it will defend itself in court against accusations from Realtek that it paid a company that sues over patents a "secret litigation bounty" to file meritless lawsuits.

Realtek Semiconductor Corp's lawsuit, lodged in California, accuses MediaTek of conspiring with IPValue Management Inc in an effort to drive Realtek out of the market and monopolise the industry for chips used in smart televisions and set-top boxes.

In a statement to the Taiwan stock exchange, MediaTek said the case was in the process of being litigated and it will submit evidence and defend itself against the accusations.

It added that the litigation has no significant impact on the company.

(Reporting by Ben Blanchard; Editing by Christopher Cushing)

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!


Next In Tech News

California governor vetoes bill banning robotrucks without safety drivers
X social media's India, South Asia policy head Gupta resigns-sources
Nasa�technology can spot wine grape disease from the sky. The world’s food supply could benefit
As California fires worsen, can AI come to the rescue?
Raw meat-eating Liver King and other health influencers face mounting lawsuits
Scientists say they’ve used AI to decipher the language of chickens
Oracle spends more than $100 million on Ampere chips
US Supreme Court extends pause on order curbing Biden social media contacts
Arm and Instacart add to losses after lukewarm analyst reports
KKR asks Telecom Italia to extend deadline for grid bid

Others Also Read