Tuesday, December 06, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Is Careful With New Chatbot Zo, Now Available For Testing
Android 7.1.1 Update Coming To Google Smartphones
Avalanche Network Dismantled in Cyber Operation
Fibit Remained Top Wearable Device Vendor in Q3
Amazon Go Eliminates Checkout Lines In Stores
Uber Creates AI Lab With Geometric Intelligence Acquisition
Google Launches New Personal Safety App
Micron Introduces The TLC-based 5100 Enterprise SSDs
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Toshiba...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, July 27, 2006
Toshiba Settles Suit With Flash Memory Inventor


Toshiba has said it will pay to settle a dispute with an engineer who says he developed lucrative flash memory chips and has campaigned for Japanese firms to treat inventors better.

Toshiba said Thursday it will pay 87 million yen (745,000 dollars) to former employee Fujio Masuoka, 63, who is now a professor at Tohoku University.

Masuoka had initially said he deserved eight billion yen in compensation but brought the claim down to one billion when he filed the lawsuit in 2004.

Masuoka said that while working at Toshiba he developed two types of flash memory in 1980 and 1987 from which the company obtained 41 patents. Flash memory chips are used to store data inside cellphones and other equipment.

The case was one of a series of lawsuits by inventors who said that Japanese companies, which traditionally stress teamwork, had failed to award individual innovation.

Masuoka complained Toshiba had given him only six million yen extra when he retired to reward him. He said his lawsuit was to win greater respect for Japanese engineers.

"The sum is not so satisfactory when compared with what I had demanded but, if I take into account that I had been given six million yen as the reward, it is a big step forward," he told reporters.

"The court has helped establish a reward system encouraging inventors. It was such a significant settlement.

"After I filed the lawsuit, a growing number of Japanese companies have been highly rating engineers," he said. "Right treatment of engineers can help advance Japan's industry."

In a landmark case, the Tokyo District Court in 2004 ordered Nichia Corp. to pay a record 20 billion yen to Shuji Nakamura, inventor of the revolutionary blue light-emitting diode (LED).

Nakamura, whose invention is used worldwide in cellphones and other applications, left Japan after his feud to become a professor in the United States.

Toshiba said in a statement that it reached the settlement with Masuoka through court arbitration.

"Toshiba appreciated the substantial degree to which the settlement recommendations by the Tokyo District Court took into consideration Toshiba's policies and arguments in respect of compensation for employees' inventions," it said.


Previous
Next
Kazaa Becomes Legal Service        All News        Intel Unveils Core 2 Duo Chips
Kazaa Becomes Legal Service     General Computing News      Metallica Ends iTunes Holdout

Get RSS feed Easy Print E-Mail this Message

Related News
Toshiba Expands 3D Flash Memory Production Capacity In New Fabrication Facility at Yokkaichi
Toshiba Advances Deep Learning with Extremely Low Power Neuromorphic Processor
Toshiba's Voice Recognition Technology Can Distinguish Multiple Individual Speakers Without Training
Investors Sue Toshiba Over Accounting Scandal
Toshiba Starts Testing System For Future Self-driving Cars
Toshiba, Tohoku Electric and Iwatani Start Study of World?s Largest Hydrogen Energy System
Toshiba Introduces the Value-oriented OCZ TL100 SATA SSD Series
Toshiba Expands 24nm SLC Flash Family with 16Gb Offering
Toshiba Introduces the OCZ VX500 SATA SSD Series
Toshiba to Implement Eyefi Connected Features in Next FlashAir SD Cards
Toshiba Debuts Flashmatrix Technology
Toshiba Announces New BG SSDs with 3-Bit-Per-Cell TLC BiCS FLASH

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .