ON Semiconductor Pays Power Integrations USD 175 Million to Settle Patent Row

2019/10/28

Semiconductor technology company Power Integrations has announced a settlement of its patent disputes with ON Semiconductor and its subsidiary, Fairchild Semiconductor, in which it will receive a payment of USD 175 million.
 
In an announcement on October 24, Power Integrations said the settlement will end 15-years of litigation between the companies, including lawsuits in Delaware, California, Taiwan and China. Neither company has granted licences to the other.
 
According to Power Integrations, Fairchild was found to have infringed a number of its patents, and that it subsequently won permanent injunctions covering hundreds of infringing products.
 
Additionally, Power Integrations said it has successfully defended itself against several countersuits, and that its patents have survived numerous validity and enforceability attacks.
 
Source: Wipr