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Rambus awarded $307 million in legal victory


Tuesday, April 25, 2006 A U.S. jury handed Rambus Inc. a big legal victory on Monday by finding that Hynix Semiconductor Inc. violated patents on its memory chip technology.

The jury in the U.S. District Court for Northern California in San Jose ordered Hynix, the second-biggest maker of memory chips in the world, to pay $307 million to Rambus.

The jury awarded $30.5 million regarding patents on a type of DRAM computer memory known as SDRAM and $276.4 million on a type known as DDR SDRAM.

Rambus shares were halted before the verdict was announced at $38.33, a drop of 27 cents for the day in Nasdaq trade.

The case, which went to trial a month ago after six years of legal wrangling, is being closely watched in the $20 billion-a-year market for computer memory chips known as DRAM.

Rambus has similar suits pending with other memory chip makers including Samsung Electronics.

By: DocMemory
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