Corporate | 10 May 2001 11:09
Infineon Technologies AG
english
Corporate-News announcement sent by DGAP.
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Jury finds Rambus liable for fraud in Infineon counter claims
All patent infringement claims against Infineon dismissed
Richmond, Virginia. – May 10, 2001 – Infineon Technologies (FSE/NYSE: IFX) today
announced that the jury in the Eastern District of Virginia found Rambus liable
for fraud and awarded Infineon US$3.5 million (Euro 4 million) punitive
damages. Infineon filed counter claims in response to the lawsuit Rambus filed
against the company in August 2000. The counterclaims alleged that Rambus
subverted the open standards process rules governing the Memory Standards
Committee of the Joint Electronic Device Engineering Council (JEDEC) by not
disclosing relevant patents and patent applications.
“We attended the JEDEC sessions with the goal of promoting integration and
global interoperability of technology,” stated Dr. Ulrich Schumacher, President
and CEO of Infineon Technologies AG. “The jury’s decision reinforces the
importance of industry leaders working together in high-tech standards consortia
such as JEDEC to develop next generation DRAM chip technology.”
This verdict follows last Friday’s decision where Judge Robert E. Payne
dismissed all of Rambus’ patent infringement claims against Infineon. The
infringement claims were filed by Rambus over use of its patents in SDRAM- and
DDR SDRAM-chips manufactured and sold by Infineon in the United States. The
judge ruled that Infineon did not infringe Rambus’ patents.
ABOUT INFINEON
Infineon Technologies AG, Munich, Germany, offers semiconductor and system
solutions for applications in the wired and wireless communications markets, for
security systems and smartcards, for the automotive and industrial sectors, as
well as memory products. With a global presence, Infineon operates in the US
from San Jose, CA, in the Asia-Pacific region from Singapore and in Japan from
Tokyo. In the fiscal year 2000 (ending September), the company achieved sales of
Euro 7.28 billion with about 29,000 employees worldwide. Infineon is listed on
the DAX index of the Frankfurt Stock Exchange and on the New York Stock Exchange
(ticker symbol: IFX).
INTERNET www.infineon.com/news
CONTACT Media Relations
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Worldwide Headquarters: Guenter Gaugler
Phone: +49 89 234-28481, Fax: -28482
Email: guenter.gaugler@infineon.com
U.S.A.: Chris Goodhart
Phone/Fax: +1 408 501 6389/2424
Email: chris.goodhart@infineon.com
Asia: Kaye Lim
Phone/Fax: +65 8400 689/082
Email: kaye.lim@infineon.com
CONTACT Investor Relations
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Achim Schneider
Phone: +49 89 234-26154, Fax: -26155
Email: investor.relations@infineon.com
end of message, (c) DGAP 10.05.2001