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Re: chipguy post# 14314

Sunday, 09/28/2003 11:33:33 AM

Sunday, September 28, 2003 11:33:33 AM

Post# of 98413
Ah just ran out of editing minutes :(

The additional $ 100 M I mentioned which Intel might pay for the PIC patents, maye still happen, as from this text in the INGR 2nd quarter release on july 30, 2003:

Based upon the trial court’s decision and the parties’ prior settlement agreement, Intel paid $150 million to the Company in November 2002. Intel has appealed this ruling. Regardless of the outcome on appeal, the Company will retain the $150 million received for the trial court decision. Intel will be required to pay an additional $100 million in damages if the trial court’s decision is affirmed on appeal. The parties have completed the briefing process, and oral argument is tentatively scheduled for the first week of December 2003. The final decision from the appeal court is not expected until the first quarter of 2004.

TI paid $ 18 M as a one-off payment.
They are now after HP, Gateway and Dell.

All the best
Cor

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