Netlist Receives Sanctions Award Against Samsung

June 14,2022 announced that, the United States District Court for the Central District of California (the Court) issued an order granting in part Netlist's motion for associated attorneys' fees and expenses.

The order is a final step in Netlist's action against Samsung’s material breaches of the parties' Joint Development and License Agreement, where on February 15, 2022, the Court entered Judgment for Netlist on each of its three claims.

Jayson Sohi, Netlist's Director of IP Strategy, said, "We are pleased that the Court recognized Samsung's failure to admit requests for admissions, and saw fit to award Netlist compensation."

Netlist filed a patent infringement action against Samsung in December 2021 in the United States District Court for the Eastern District of Texas. Netlist now asserts six of its patents there. A claim construction hearing is currently scheduled for October 14, 2022, with a trial beginning next year on May 1, 2023.

About Netlist

Netlist provides high-performance solid state drives and modular memory solutions to enterprise customers in diverse industries. The Company's NVMe? SSDs in various capacities and form factors and the line of custom and specialty memory products bring industry-leading performance to server and storage appliance customers and cloud service providers. Netlist licenses its portfolio of intellectual property including patents, in server memory, hybrid memory and storage class memory, to companies that implement Netlist’s technology. To learn more, visit www.netlist.com.

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