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Technology Stocks : Silicon Storage Technologies(SSTI)
SSTI 7.355-5.2%Jan 20 3:59 PM EST

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To: Pete who wrote (45)11/16/1997 9:33:00 PM
From: 4-UR-Eyes-Only  Read Replies (1) of 49
 
NEWS:

dljdirect.com


Intel sues Silicon Storage in patent dispute

WILMINGTON, Del., Nov 14 (Reuters) - Intel Corp. INTC.O,
the world's largest computer chip maker, filed a lawsuit
against Silicon Storage Technology Inc. SSTI.O on Friday,
alleging that Silicon's Flash EEPROM memory chips infringe four
of its patents.
Flash EEPROM -- or electrically erasable and programmable
read-only memory -- are specialized computer chips used
primarily in consumer electronics to store data even after the
device is turned off.
In papers filed in the U.S. District Court in Delaware,
Intel said Silicon "developed their Flash EEPROM business at an
extraordinary rate with net revenues of more than $13 million"
in U.S. sales last year.
Intel, based in Santa Clara, Calif., seeks a court order
against further alleged infringement and unspecified damages
tripled for alleged willfull infringement.
Silicon, of Sunnyvale, California, makes flash memory
components for the computer, communications and consumer
markets.
A spokeswoman said the company was unable to comment until
it had seen the lawsuit.
In September, Silicon was cleared in federal court of
allegations that it infringed a computer chip patent held by
Atmel Corp.ATML.O.
REUTERS
Rtr 20:45 11-14-97

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