Intel Sentenced to Pay $ 2 Billion in Patent Litigation

Intel Sentenced to Pay $ 2 Billion in Patent Litigation

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Intel Corp asked to pay $ 2.18 billion after losing technology patent infringement lawsuit related to chipmaking, Bloomberg News reported Tuesday.

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Intel violated two patents owned by VLSI Technology LLC, a federal jury in Waco, Texas, said, according to the report.

“Intel strongly disagrees with today’s jury verdict. We intend to appeal and are confident that we will be successful, ”said the Santa Clara, California-based company.

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The damages amount represents about half of Intel’s fourth quarter earnings.

“The operating companies are going to be disturbed not only by…

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