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$Netlist (NLST.US)$Netlist Prevails in Federal Court Against...
$Netlist (NLST.US)$ Netlist Prevails in Federal Court Against SamsungNetlist, Inc.Mon, May 20, 2024, 7:00 AM CDT3 min read1In This Article:005930.KS-0.13%NLST+1.40%
Samsung Materially Breached Agreement and No Longer Has Patent License
Netlist, Inc. (OTCQB:NLST) today announced that a jury verdict in the Federal District Court for the Central District of California found Samsung materially breached the Joint Development and License Agreement (the Agreement) signed by the parties in November 2015. Samsung is the largest memory manufacturer in the world, generating tens of billions of dollars in memory revenue annually.
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