GSI Technology Files Antitrust Lawsuit against Cypress Semiconductor; ITC Institutes Investigation in Response to Cypress Complaint
SUNNYVALE, Calif., Jul 25, 2011 -- GSI Technology, Inc. announced that on July 22, 2011 it filed a complaint against Cypress Semiconductor Corporation in the United States District Court for the Northern District of California charging Cypress with conducting an unlawful combination and conspiracy to monopolize the market for high-performance static random access memory (SRAM) devices, known as fast synchronous Quad Data Rate (or QDR) SRAMs and Double Data Rate (or DDR) SRAMs. The complaint alleges that the anti-competitive, collusive and conspiratorial conduct of Cypress and certain co-conspirators has violated Section 1 of the Sherman Act and also constitutes unlawful restraint of trade and unfair competition under applicable provisions of California law. The complaint seeks treble damages, in an amount to be determined at trial, a preliminary and permanent injunction prohibiting the continuation of the unfair and illegal business practices and recovery of GSI's attorneys' fees and costs.
GSI also announced that, on July 21, 2011, the United States International Trade Commission (the "ITC") formally instituted an investigation in response to the patent infringement complaint filed on June 10, 2011 by Cypress against GSI and previously reported by GSI.
GSI believes that it has meritorious defenses to Cypress' infringement claims and intends to defend itself vigorously in the ITC proceeding while vigorously prosecuting its antitrust claims against Cypress.
About GSI Technology
Founded in 1995, GSI Technology, Inc. is a leading provider of high performance static random access memory, or SRAM, products primarily incorporated in networking and telecommunications equipment. Headquartered in Sunnyvale, California, GSI Technology is ISO 9001 certified and has worldwide factory and sales locations. For more information, please visit www.gsitechnology.com .
Related News
- SigmaTel, Inc. Files Formal Complaint with ITC Against Actions Semiconductor for MP3 Player Technology Patent Infringement
- Rambus Files Anti-Trust Lawsuit; Hynix Semiconductor, Infineon Technologies, Micron Technology, Siemens AG cited as defendants
- U.S. International Trade Commission (ITC) Institutes an Investigation of Certain Cisco Equipment Based on MOSAID Complaint
- MOSAID Files Complaint Against Cisco at International Trade Commission (ITC)
- Rambus Files ITC Complaint against Broadcom, Freescale, LSI, MediaTek, NVIDIA and STMicroelectronics
Breaking News
- Siemens collaborates with TSMC on design tool certifications for the foundry's newest processes and other enablement milestones
- Leveraging Cryogenics and Photonics for Quantum Computing
- Kalray Joins Arm Total Design, Extending Collaboration with Arm on Accelerated AI Processing
- Credo at TSMC 2024 North America Technology Symposium
- Cadence Reports First Quarter 2024 Financial Results
Most Popular
- Huawei Mate 60 Pro processor made on SMIC 7nm N+2 process
- Silicon Creations Reaches Milestone of 10 Million Wafers in Production with TSMC
- GUC provides 3DIC ASIC total service package to AI/HPC/Networking customers
- Analog Bits to Demonstrate Numerous Test Chips Including Portfolio of Power Management and Embedded Clocking and High Accuracy Sensor IP in TSMC N3P Process at TSMC 2024 North America Technology Symposium
- Alphawave Semi: FY 2023 and 2024 YTD Trading Update and Notice of Results
E-mail This Article | Printer-Friendly Page |