Jury Awards SanDisk $28M In Trial Over Flash-Memory Patent

Law360, New York (March 11, 2014, 7:36 PM EDT) -- Memory card manufacturer PNY Technologies Inc. was hit with a $28.5 million jury verdict in California court for failing to pay SanDisk Corp. royalties in a flash-memory patent licensing agreement, SanDisk announced Tuesday.

The jury found that PNY owed $28.5 million in damages for breaching a patent agreement that allowed the company to sell USB drives and flash memory cards as SanDisk licensed products, according to the statement.

“The ruling demonstrates the necessity of a strong patent system that protects technology companies’ investments in research and...
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