Search results for Viasat
Industry
Kioxia ordered to pay $229 million in U.S. patent case after five-year dispute
Kioxia Holdings said its subsidiaries Kioxia and Kioxia America were ordered by a U.S. federal court in Texas to pay about $229 million in damages in a patent infringement lawsuit brought by satellite communications company Viasat. The ruling confirms a jury verdict. Kioxia Holdings said it cannot accept the claims and the ruling and will consider all legal options, including an appeal. It said the decision will not affect products and services for customers and that it has already booked a litigation provision.
AI & Enterprise
U.S. chip stock selloff spreads to Asia, SoftBank slides 8 percent
Japanese technology shares fell sharply as a selloff in U.S. semiconductor stocks spread across Asia, CNBC reported on Thursday. SoftBank dropped 8.8 percent, while Tokyo Electron fell 9 percent and Advantest slid 9.4 percent. Kioxia sank more than 14 percent after a Texas federal jury found infringement of Viasat memory technology patents and ordered $229 million in damages. South Korean markets were shut for a holiday.
Telecommunications & Media
EU to allocate two-thirds of key satellite spectrum to European firms
The European Union is nearing a plan to give European companies priority access to two-thirds of key spectrum used for mobile satellite communications. If implemented, SpaceX\'s Starlink and Amazon\'s Kuiper would likely compete only for the remaining third. The move centres on the 2 GHz band used to connect phones and vehicles directly in areas beyond terrestrial networks. Current licences held by Viasat and EchoStar expire in May 2027.
