Sunday, November 29, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
NSA's Phone Surveillance Program Changes
Lenovo and Razer Partner to Make Gaming PCs
LG Display Makes Huge Investment in OLED Panels
Sony To Bring Remote Play Feature To PS4
MINIX NEO U1 Media Hub for Android Coming Next Week
Samsung Joins Audi’s Progressive SemiConductor Program
German ISPs May Block Music-sharing Sites: court
Study Says HTTPS Certificate and SSH Key Reuse Endangers Millions of Devices Worldwide
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 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.

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 Takes Former Executives To Court
Toshiba To Sell Image Sensor Business to Sony
Toshiba and SanDisk Start Equipment Installation at Yokkaichi’s New Fab 2
Toshiba Unveils New Enterprise Performance HDD
Toshiba Introduces Windows 10 dynaPad Tablet, dynabook Notebooks
Toshiba's Image Sensor for Iris Recognition Improves Recognition And Security
Toshiba's Satellite Click 10 Detachable 2-in-1 PC Now Available
Toshiba Reports Q1 Loss on Weak PC, TV Sales
Toshiba Reports Significant Loss Following Accounting Scandal
Toshiba's New PCs Combine Functionality, Mobility and Performance
Toshiba At IFA 2015
Toshiba Launches Wireless Power Receiver IC for Quick Charging Mobile Devices

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .