Monday, April 24, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
LG X Power 2 Smartphone Packs A Huge Battery
Questions Remain About The Fate Of Toshiba's HDD and SSD Business
SK Hynix Develops First 8Gb GDDR6
Call of Duty Game Returns to WWII
Twitch to Sell Video Games
Apple May Invest in Boeing Satellite Broadband Project
Chrome's Rumored Ad-blocker May Not Be Exactly an Ad-blocker
GM To Launch Electric Cars in China by 2020
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
Questions Remain About The Fate Of Toshiba's HDD and SSD Business
Toshiba's Shareholders Seek For New Compensatory Damages
Toshiba's New 8TB Consumer Hard Disk Focuses on Reliability
INCJ Added to the List Of Companies Interested In Toshiba's Chip Unit
Apple Eyes Toshiba's Memory Chip Business: reports
Toshiba To Sell Its TV Business, Turkish, Chinese Companies Among Buyers
Toshiba Faces USITC Probe Over Patent Violation Claim
Foxconn, Broadcom And SK Hynix Closer To Toshiba's Memory Buiness
Toshiba Announces 8TB HDD Model Enterprise HDD
Toshiba Investors Approve Memory Chip Sale
Toshiba's Nuclear Unit Westinghouse Files for Bankruptcy
Toshiba Delays Earnings Report, Announces Recovery Plan

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .