Micron Faces Patent Infringement Lawsuit Over DDR5 DIMM Memory Products

Micron Technology (MU) faces a new lawsuit over patent infringement by Netlist, which revolves around power management circuitry used in DDR5 DIMM memory products. The patent, set to expire in 2028, is projected to generate $30 billion in U.S. revenues. Micron has secured $866 million in jury verdicts against Samsung and Micron for deliberate patent infringements over the past two years.

Netlist, Inc. (OTCQB:NLST) has filed a new patent infringement lawsuit against Micron Technology (MU) and Samsung, along with their distributor Avnet, Inc., in the U.S. District Court for the Eastern District of Texas. The lawsuit alleges infringement of U.S. Patent No. 12,373,366, which covers power management technology used in DDR5 DIMM memory products. The patent, set to expire in June 2028, comes at a crucial time when U.S. DDR5 annual revenue is projected to reach $30 billion in 2028.

Netlist, a leading innovator in advanced memory and storage solutions, has a rich portfolio of patented technologies. The company's Chief Executive Officer, C.K. Hong, stated, "Netlist continues to expand its portfolio of patented memory technologies, including patents that read on DDR5 DIMMs, the latest generation of Double Data Rate memory modules used in servers and PCs. This new action expands our efforts to prevent Samsung and Micron from their unauthorized use of Netlist intellectual property without a license."

This legal action follows Netlist's recent courtroom victories against the same companies. Over the past two years, the company has secured jury verdicts awarding a combined $866 million in damages for willful patent infringement by Samsung and Micron. The company has retained Irell & Manella LLP for legal representation in the case, with Jason Sheasby leading the legal team.

The lawsuit involves the '366 Patent, titled "Memory with On-Module Power Management," which is Netlist's latest patent directed to its innovations in power management circuitry that the industry has adopted in DDR5 memory modules. The patent is expected to expire in June 2028.

Netlist, which trades on the OTCQB exchange under the ticker NLST, has a market capitalization of $203 million and annual revenues of $140 million. The company's next earnings report is due on August 7, 2025. Analysts project that the U.S. DDR5 annual revenue will reach $30 billion by 2028.

References:
[1] https://finance.yahoo.com/news/netlist-initiates-another-patent-infringement-113000801.html
[2] https://www.investing.com/news/company-news/netlist-files-patent-infringement-lawsuit-against-samsung-and-micron-93CH-4157125
[3] https://www.stocktitan.net/news/NLST/netlist-initiates-another-patent-infringement-action-against-samsung-q6s2zdu3crqu.html