Jury finds Rambus liable for fraud in Infineon counter claims - All patent infringement claims against Infineon dismissed
Richmond,Va. - May 10, 2001 Infineon Technologies (FSE/NYSE: IFX) today announced that the jury in the Eastern District of Virginia found Rambus liable for fraud and awarded Infineon US$3.5 million (Euro 4 million) punitive damages. Infineon filed counter claims in response to the lawsuit Rambus filed against the company in August 2000. The counterclaims alleged that Rambus subverted the open standards process rules governing the Memory Standards Committee of the Joint Electronic Device Engineering Council (JEDEC) by not disclosing relevant patents and patent applications.
We attended the JEDEC sessions with the goal of promoting integration and global interoperability of technology, stated Dr. Ulrich Schumacher, President and CEO of Infineon Technologies AG. The jurys decision reinforces the importance of industry leaders working together in high-tech standards consortia such as JEDEC to develop next generation DRAM technology.
This verdict follows last Fridays decision where Judge Robert E. Payne dismissed all of Rambus patent infringement claims against Infineon. The infringement claims were filed by Rambus over use of its patents in SDRAMs and DDR SDRAMs manufactured and sold by Infineon in the United States. The judge ruled that Infineon did not infringe Rambus patents.
We attended the JEDEC sessions with the goal of promoting integration and global interoperability of technology, stated Dr. Ulrich Schumacher, President and CEO of Infineon Technologies AG. The jurys decision reinforces the importance of industry leaders working together in high-tech standards consortia such as JEDEC to develop next generation DRAM technology.
This verdict follows last Fridays decision where Judge Robert E. Payne dismissed all of Rambus patent infringement claims against Infineon. The infringement claims were filed by Rambus over use of its patents in SDRAMs and DDR SDRAMs manufactured and sold by Infineon in the United States. The judge ruled that Infineon did not infringe Rambus patents.
About Infineon
Infineon Technologies AG, Munich, Germany, offers semiconductor and system solutions for applications in the wired and wireless communications markets, for security systems and smartcards, for the automotive and industrial sectors, as well as memory products. With a global presence, Infineon operates in the US from San Jose, CA, in the Asia-Pacific region from Singapore and in Japan from Tokyo. In the fiscal year 2000 (ending September), the company achieved sales of Euro 7.28 billion with about 29,000 employees worldwide. Infineon is listed on the DAX index of the Frankfurt Stock Exchange and on the New York Stock Exchange (ticker symbol: IFX). Further information is available at www.infineon.com
Information Number
INFXX200105.079e