Micron Owes Netlist $445 Million in Texas Memory Patent Suit

Micron Technology Inc. owes its competitor Netlist Inc. $445 million for infringing protected technology in its semiconductor memory products, a jury determined.

Micron and its units Micron Technology Texas LLC and Micron Semiconductor Products Inc. willfully infringed US Patent Nos. 7,619,912 and 11,093,417 by manufacturing and importing memory products, according to a jury verdict Thursday in the US District Court for the Eastern District of Texas.

C.K. Hong, Netlist’s CEO, said in a statement the verdict underscores the value of the company’s technology.

“Juries fundamentally understand that the intentional unauthorized use of intellectual property created by others is improper,” Hong ...