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Calif. Jury Sets RAND Rate For Licensing Wi-Fi Patents

Law360, Los Angeles (February 27, 2014, 6:35 PM EST) -- A California federal jury on Wednesday found that LSI Corp. should be paid about half what it was seeking in royalties for the licensing of two of its wireless networking patents, in the first district court suit in which a jury determined what are known as reasonable and nondiscriminatory, or RAND, terms.

Realtek Semiconductor Corp. will pay LSI a 0.12 percent royalty for U.S. Patent No. 6,452,958 and a 0.07 percent royalty for U.S. Patent No. 6,707,867, according to the decision.

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