Feeds

Toshiba wins review of Lexar trial damages

May not have to pay out $465m after all

Combat fraud and increase customer satisfaction

Toshiba has won the right to a new trial to appraise the "erroneous" $465m damages awarded to Lexar after the Japanese giant lost a NAND Flash trade secret misappropriation dispute.

The Superior Court of California, which last week granted Toshiba the fresh trial, also set aside the original damages ruling, announced by a jury in March 2005, Toshiba said this past Friday.

The ruling followed Lexar's successful claim that Toshiba had nabbed its intellectual property. Toshiba claims to have invented NAND Flash. Lexar maintains that Toshiba used its know-how to get its own NAND Flash chips to work reliably. Lexar alleged Toshiba gained access to the technology after taking a place on Lexar's board - one result of a 1997 $3m investment in the small US company.

Since the March verdict, Toshiba has vigorously protested its innocence, calling the ruling "injust" and, this week, "erroneous". It has always said it would fight the ruling.

The Court denied Toshiba's request for a judgement notwithstanding the verdict. Toshiba said it will appeal against that denial.

Lexar has yet to comment on last week's ruling.®

3 Big data security analytics techniques

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.