Power Integrations Awarded $139.8 Million in Damages from Fairchild Semiconductor

SAN JOSE, Calif. — (BUSINESS WIRE) — December 17, 2015 — Power Integrations (Nasdaq: POWI) today announced the latest result in one of its ongoing patent cases against Fairchild Semiconductor. After a trial in federal district court in San Francisco, a jury awarded Power Integrations $139.8 million in damages stemming from Fairchild’s infringement of two Power Integrations patents. The infringement finding occurred in March 2014 and remains intact; the just-concluded trial was solely to retry damages after an earlier award of $105 million was set aside by the court in view of an intervening change in the law. Power Integrations will also be seeking a permanent injunction against the more than 140 Fairchild parts implicated in this case.

Power Integrations recently filed another lawsuit to address Fairchild’s ongoing infringement of Power Integrations’ patents, including additional products not included in today’s verdict.

Commented Balu Balakrishnan, president and CEO of Power Integrations: “We are gratified that Fairchild must now compensate us for harm inflicted on our business by their blatant disregard for our intellectual property. We hope this financial penalty will encourage them to cease their serial violations of our patents, which continue to this day despite an unprecedented string of infringement findings over the past ten years.”

About Power Integrations

Power Integrations, Inc. is a leading innovator in semiconductor technologies for high-voltage power-conversion. The company’s products are key building blocks in the clean-power ecosystem, enabling the generation of renewable energy as well as the efficient transmission and consumption of power in applications ranging from milliwatts to megawatts. For more information please visit www.power.com.

Power Integrations and the Power Integrations logo are trademarks or registered trademarks of Power Integrations, Inc. All other trademarks are property of their respective owners.



Contact:

Power Integrations, Inc.
Joe Shiffler, 408-414-8528
Email Contact




Review Article Be the first to review this article
Featured Video
Jobs
ASIC FPGA Verification Engineer for General Dynamics Mission Systems at Bloomington, MN
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
Technical Support Engineer for EDA Careers at Freemont, CA
Principal Engineer FPGA Design for Intevac at Santa Clara, CA
Senior DSP Architect / System Engineer for General Dynamics Mission Systems at Scottsdale, AZ
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
Upcoming Events
FPGA 2017 at 350 Calle Pincipal, Marriott Hotel Monterey CA - Feb 22 - 24, 2017
DVCon 2017 Conference at DoubleTree Hotel San Jose CA - Feb 27 - 2, 2017
IoT Summit 2017 at Great America ballroom, Santa Clara Convention Center Santa Clara CA - Mar 16 - 17, 2017
SNUG Silicon Valley 2017 at Santa Clara Convention Center Santa Clara CA - Mar 22 - 23, 2017



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy