Monolithic Power Systems (MPWR) Wins Patent Infringement Case Against Fitipower

July 19, 2012 5:15 PM EDT
Monolithic Power Systems (MPS) (Nasdaq: MPWR) announced that on June 14, 2012, the Intellectual Property Court (IP Court) in Taiwan issued a judgment finding Fitipower Integrated Technology infringes MPS Patent No. I299935. The IP Court also granted an injunctive relief ordering Fitipower to destroy and to stop making, selling, importing, use and offer to sell infringing products and datasheets including TA2154, FR9758, FR9706 and FP6340. In the ruling, the IP Court awarded MPS monetary damages in the amount of $1.8 million New Taiwan Dollars against Fitipower.

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