Netlist Prevails Against Samsung in the United States Court of Appeals for the Federal Circuit

Rhea-AI Summary

Netlist (OTCQB:NLST) has secured a significant legal victory against Samsung as the United States Court of Appeals for the Federal Circuit (CAFC) affirmed the U.S. Patent Trial and Appeal Board's (PTAB) decision upholding the validity of Netlist's U.S. Patent No. 10,217,523 ('523 Patent). This patent is particularly relevant to DDR4 LRDIMM technology.

The ruling follows Samsung's preemptive declaratory judgment action and could expose Samsung to significant liability due to potentially infringing sales of DDR4 LRDIMM products worth billions of dollars. A related case in the U.S. District Court for the District of Delaware remains stayed pending developments in other courts regarding the Joint Development and License Agreement (JDLA). A jury trial for the JDLA case is scheduled for March 18, 2025, in the U.S. District Court for the Central District of California.

Positive

• CAFC upholds validity of Netlist's '523 Patent related to DDR4 LRDIMM technology
• Potential for significant monetary compensation from Samsung's DDR4 LRDIMM sales
• Strengthened patent position against Samsung

Negative

• Ongoing legal proceedings and associated costs
• Uncertain timeline for final resolution and potential compensation

-Upholds All Claims of Netlist's ‘523 Patent-

IRVINE, CA / ACCESS Newswire / March 6, 2025 / Netlist, Inc. (OTCQB:NLST) today announced that the United States Court of Appeals for the Federal Circuit ("CAFC") has issued a judgement affirming the U.S. Patent Trial and Appeal Board's ("PTAB") Inter Partes Review ("IPR") decision upholding the validity finding of Netlist's U.S. Patent No. 10,217,523 (" ‘523 Patent "). Netlist's ‘523 Patent reads on DDR4 LRDIMM. The IPR followed a preemptive declaratory judgment action by Samsung against Netlist.

C.K. Hong, Netlist's Chief Executive Officer, said, "CAFC rulings are critically important. With this ruling affirming the PTAB's finding of validity of the ‘523 Patent, Samsung now faces significant exposure based on billions of dollars of potentially infringing sales of its DDR4 LRDIMM products."

On October 15, 2021, Samsung initiated a declaratory judgment action against Netlist in the U.S. District Court for the District of Delaware ("DDE"). Netlist has asserted in that action that Samsung infringes the claims of the ‘523 Patent. The DDE case remains stayed until the development of any action by any other court pertaining to Samsung's and Netlist's rights under the Joint Development and License Agreement ("JDLA"). The JDLA case is before the U.S. District Court for the Central District of California which has currently scheduled a jury trial for March 18, 2025.

About Netlist

Netlist is a leading innovator in advanced memory and storage solutions, pushing the boundaries of technology to deliver unparalleled performance and reliability. With a rich portfolio of patented technologies, Netlist inventions are foundational to the advancement of AI which is revolutionizing computing and empowering businesses and industries to thrive in the digital age. To learn more about Netlist, please visit www.netlist.com.

For more information, please contact:

Investors/Media
The Plunkett Group
Mike Smargiassi
NLST@theplunkettgroup.com
(212) 739-6729

SOURCE: Netlist, Inc.

View the original press release on ACCESS Newswire

FAQ

What is the significance of Netlist's Federal Circuit Court victory against Samsung?

The CAFC affirmed the validity of Netlist's '523 Patent, potentially exposing Samsung to significant liability for DDR4 LRDIMM product sales.

How does the CAFC ruling impact Netlist's patent dispute with Samsung?

The ruling strengthens Netlist's patent position and could lead to substantial compensation from Samsung's DDR4 LRDIMM sales.

When is the scheduled jury trial for Netlist vs Samsung JDLA case?

The jury trial is scheduled for March 18, 2025, in the U.S. District Court for the Central District of California.

What technology does Netlist's '523 Patent cover?

The '523 Patent covers DDR4 LRDIMM (Load Reduced Dual In-line Memory Module) technology.

What is the current status of Netlist's Delaware court case against Samsung?

The Delaware case remains stayed pending developments in other courts regarding Samsung's and Netlist's rights under the JDLA.