US Subsidiary of STMicroelectronics files to protect Intellectual Property
New York, November 7, 2002 - STMicroelectronics, Inc. today announced that it filed a lawsuit for patent infringement against Broadcom Corporation (NASDAQ:BRCM). The lawsuit has been filed in the United States District Court for the Eastern District of Texas.
The lawsuit alleges that Broadcom infringes six U.S. patents - United States Patents 5,031,092; 5,347,185; 5,515,225; 5,946,261; 6,025,746 and 6,087,709. Those patents cover technology used in various semiconductor products, including products used in cable modem, set top box, and high speed networking applications. STMicroelectronics, Inc. is a wholly-owned subsidiary of STMicroelectronics NV (NYSE:STM), which invests heavily in research and development and holds a broad patent portfolio with over 21,000 patents and pending patent applications worldwide corresponding to more than 11,000 original inventions.
About STMicroelectronics
STMicroelectronics, the world's third largest semiconductor company, is a global leader in developing and delivering semiconductor solutions across the spectrum of microelectronics applications. An unrivalled combination of silicon and system expertise, manufacturing strength, Intellectual Property (IP) portfolio and strategic partners positions the Company at the forefront of System-on-Chip (SoC) technology and its products play a key role in enabling today's convergence markets. The Company's shares are traded on the New York Stock Exchange, on Euronext Paris and on the Milan Stock Exchange. In 2001, the Company's net revenues were $6.36 billion and net earnings were $257.1 million. Further information on ST can be found a www.st.com.
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