Tuesday, March 03, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft launches Preview Program For Xbox 360
Khronos Reveals New Vulkan API for GPUs, AMD Kills Mantle
Sharp To Seek For A Second Bailout: Nikkei
Toshiba Develops STT-MRAM Circuit For High-performance Processors
Samsung Releases New Image Sensor and NFC IC For Mobile Devices
MWC: BlackBerry Unveils New Leap Smartphone
MWC: Zuckerberg Provides Update On Plan to Connect World
MWC: Panasonic Nubo Monitoring Camera Has 4G Connectivity
Active Discussions
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
need help on some cd burning...
 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 Develops STT-MRAM Circuit For High-performance Processors
Toshiba Develops Multicore SoC For Image-Recognition Applications
Toshiba Launches 8 Megapixel CMOS Image Sensor for Smartphones and Tablets
Toshiba Introduces New APs For For IoT Solutions
Toshiba Achieves 1Tbit per Square Inch Areal Density in a 2.5-Inch Hard Disk Drive
Toshiba, SK Hynix, To Accelerate Development of Nano Imprint Lithography
Toshiba Announces Encrypted USB Flash Drive
Compal To Take Over Toshiba's TV Business
Toshiba Reorganization to Strengthen IoT-Related Business
Toshiba Develops Cloud System for Instantaneous Remote Control of One Million Devices
Toshiba Launches NFC Built-in SDHC Memory Card
Toshiba Launches 3TB 2.5-inch HDD, Showcases First PCIe Single Package SSD

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 .