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GlobalFoundries sues Tower Semiconductor for US patent infringement [Yahoo! Finance]

GlobalFoundries Inc. (GFS) 
Company Research Source: Yahoo! Finance
The cases, lodged with both the US International Trade Commission (ITC) and the District Court for the Western District of Texas, centre on allegations that Tower Semiconductor has misappropriated GlobalFoundries' proprietary process technologies. GlobalFoundries asserts that Tower Semiconductor is using these technologies in its semiconductor manufacturing operations without a licence. The former claims this use violates 11 US patents covering process technologies deployed in sectors including mobile devices, automotive systems, aerospace equipment, and communications infrastructure. The complaints from GlobalFoundries seek injunctive relief preventing Tower Semiconductor from importing and selling products that allegedly infringe these patents within the US market. GlobalFoundries is also pursuing damages for any profits lost as a result of the alleged unauthorised use. GlobalFoundries chief technology officer Gregg Bartlett said: “Semiconductor manufacturing is one of the mo Show less Read more
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