Mitsubishi Electric Wins Reversal of $124 Million Verdict
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Mitsubishi Electric & Electronics USA Inc. won a reversal of a $124 million jury verdict awarded to Grail Semiconductor Inc. in May in a breach-of-contract lawsuit in California state court.
Grail claimed Mitsubishi Electric disclosed its confidential information for a memory chip to an affiliated company, Mitsubishi-Japan, and a jointly owned Japanese company, Renesas.