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Friday, June 16, 2017 11:29:42 AM
https://www.twst.com/interview/interview-with-the-president-ceo-and-director-netlist-inc-nasdaq-nlst
TWST: Recently you’ve had some positive outcomes in litigation involving the ITC, U.S. International Trade Commission case. Can you tell us about that? How significant is that to you?
Mr. Hong: The case is very significant for us. After years of negotiations with Hynix, third-largest semiconductor company in the world, we were unable to reach an agreement. We therefore asserted six of our patents in the ITC and the Central District Court in California against SK Hynix on their server memory products, which account for multibillions of dollars of annual revenues. We just finished the week-long trial at the International Trade Commission in Washington, D.C., and we believe we provided comprehensive and strong arguments for our case. The initial ruling will come in October, so we expect to continue to talk with the other side, but we expect to see a positive outcome from these litigations.
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