Gigastorage to Appeal to Taiwan Supreme Court

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Gigastorage to appeal to Taiwan Supreme Court against IPC ruling in favor of Phillips
Taiwan-based PV wafer maker Gigastorage has decided to appeal to Taiwan’s Supreme Court against a recent ruling issued by Taiwan’s Intellectual Property Court (IPC) to have the company pay electronics giant Royal Philips NV NT$1.05 billion ($30 million) over a patent infringement lawsuit filed in 2015, increasing an initial award of only NT$10.5 million set in an earlier ruling. Gigastorage chairman Jimmy Chen announced the decision at an investors conference held July 28, one month after the IPC handed down its amended ruling on the lawsuit. In the judgment, Gigastorage was acquitted of DVD-R encoding patent infringement charges filed by Philips, but was ordered to return an improper gain of $0.06 for each DVD-R disc sold by Gigastorage.