Pioneer Scores $59.4M Verdict Against Samsung

Law360, New York (October 29, 2008, 12:00 AM EDT) -- A federal jury has handed Pioneer Corp. a $59.4 million award for damages in its plasma TV patent infringement suit against Samsung SDI Co. Ltd. and two affiliates.

The jury in the U.S. District Court for the Eastern District of Texas on Tuesday found that the South Korean company willfully infringed Pioneer’s two plasma display patents, and determined that Samsung should pay more than $51 million as a reasonable royalty for infringing one patent, plus more than $6 million for lost profits, as well as nearly...
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