Integrated Device Technology, Inc. (IDTI) announced that the International Trade Commission or ITC issued a favorable ruling in a patent action brought by LSI Corp., against several semiconductor companies, including IDT. In the ruling, the ITC found that the patent claims asserted by LSI were invalid.
LSI had alleged that IDT and the other defendants in the action violated section 337 of the Tariff Act which prohibits the importation and sale of infringing products. Based on the finding of invalidity, the court held that no violation of section 337 has occurred with respect to the asserted claims.
The full ITC commission has until November 21 to determine whether to review the initial determination of the judge or allow it to become final.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.