news/AAPL/2023.02.07/Intel, ParkerVision settle chip patent lawsuit during Texas trial.txt

*ParkerVision said Intel wireless chips infringe patents*Companies settled case during second day of West Texas
trial(Reuters) - Chipmaking giant Intel Corp on
Tuesday settled a patent lawsuit brought by wireless technology
developer ParkerVision Inc on the second day of a West
Texas jury trial in the case, court records showed.A ParkerVision filing with the U.S. Securities and Exchange
Commission on Tuesday said it would receive $25 million in a
settlement that also includes a patent licensing agreement.An Intel spokesperson confirmed that the companies
settled but declined to provide further details. A ParkerVision
spokesperson declined to comment. ParkerVision stock was down
48% Tuesday afternoon.Jacksonville, Florida-based ParkerVision sued Intel in Waco,
Texas in 2020 for infringing several patents related to improved
radio-frequency receivers. ParkerVision had said it pioneered
the communications technology used in Intel's wireless chips in
the mid-1990s.ParkerVision said Intel chips used in smartphones, including
Apple's iPhone, infringe the patents. Intel denied the
allegations, arguing the patents are invalid and its technology
works in different ways.A ParkerVision expert told the court that Intel should pay
more than $294 million in royalties for the alleged
infringement, according to a court filing.ParkerVision has also sued companies including Apple,
Qualcomm and TCL for patent infringement over wireless chips and
devices that use them.A Florida federal judge overturned a $173 million jury
verdict for ParkerVision against Qualcomm in 2014. The U.S.
Court of Appeals for the Federal Circuit upheld the decision in
2015.Santa Clara, California-based Intel has been hit with two
verdicts in Waco for damages totaling over $3 billion in a
separate, ongoing patent fight with VLSI Technology LLC over
Intel computer chips.The ParkerVision case is ParkerVision Inc v. Intel Corp,
U.S. District Court for the Western District of Texas, No.
6:20-cv-00108.For Intel: Michael Summersgill, Sarah Petty, Todd Zubler,
Mindy Sooter and Robert Gunther of Wilmer Cutler Pickering Hale
& DorrFor ParkerVision: Ronald Daignault, Scott Samay, Jason
Charkow, Chandran Iyer and Oded Burger of Daignault IyerRead more:Qualcomm wins appeal in $173 million ParkerVision case
(Reporting by Blake Brittain in Washington)