Genesis Microchip incurred about $3.5 million in legal expenses 4...
Genesis Microchip incurred about $3.5 million in legal expenses 4th quarter, including for lawsuits involving Silicon Image and several Taiwanese display controller suppliers. The U.S. Appeals Court, Federal Circuit, dismissed in Jan. Genesis’ appeal of a lower court ruling…
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that found binding a proposed settlement of a patent infringement suit filed against it by Silicon Image. The appeals court dismissed the challenge for lack of jurisdiction, saying the case hadn’t been fully resolved in district court. Meanwhile, MStar filed an appeal with the U.S. Appeals Court, Federal Circuit, seeking to overturn an International Trade Commission (ITC) order last Aug. that barred the company from marketing its display controllers in the U.S. The ITC found that controllers sold by MStar, along with Trumpion International and Media Reality Technologies (MRT), had infringed patents held by Genesis. Trumpion and MRT haven’t filed appeals. In a separate case, a June hearing on a Genesis motion for summary judgement is scheduled in U.S. Dist. Court, San Jose, in a patent infringement suit brought against MRT in March 2002. MRT has countered by alleging trade secret misappropriation and interference with economic advantage.