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July 1, 2014
12:22 EDTCODEMacronix files additional patent infringement complaints against Spansion
Macronix International and Macronix America announced that they have filed a new patent infringement complaint against Spansion (CODE), Spansion LLC, Spansion Thailand and certain of their customers with the U.S. International Trade Commission, ITC, for infringement of four Macronix patents covering separate aspects of non-volatile memory devices, including flash memory. The named respondents include Aerohive Networks,, Allied Telesis , Ciena Corporation, Delphi Automotive and Delphi Automotive Systems, Polycom , Ruckus Wireless, ShoreTel, Tellabs and/or Tellabs North America, and TiVo Inc. The company added, "Macronix has taken this step to address Spansion's rampant infringement of Macronix's patent rights as well as the infringement that arises when Spansion's customers import products containing infringing Spansion's devices, including Spansion flash memory devices, into the United States." This additional complaint follows a first ITC complaint, that was filed in December 2013 and that will be determined in January, 2015, in which Macronix asserted three patents against Spansion. In addition, Macronix has a seven-patent infringement litigation pending against Spansion in the United States District Court. Macronix also has pending actions at the U.S. Patent Office to invalidate Spansion's patents asserted in an earlier-filed ITC case. The investigations of the above have been initiated respectively by the courts and/or authorities and the decisions will be available in the early part of 2015. Macronix is confident in those actions and will continue to vigorously defend its valuable intellectual property rights.
News For CODE From The Last 14 Days
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July 31, 2014
07:40 EDTCODESpansion weakness a buying opportunity, says Jefferies
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July 30, 2014
16:32 EDTCODESpansion sees Q3 EPS 22c-30c, consensus 38C
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16:28 EDTCODESpansion reports Q2 EPS 24c, consensus 25c
Reports Q2 revenue $314.7M, consensus $327.01M.
July 23, 2014
10:02 EDTCODEOn The Fly: Analyst Upgrade Summary
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July 22, 2014
18:06 EDTCODESpansion upgraded to Buy from Hold at Jefferies
Jefferies upgraded Spansion to Buy citing the potential for margin upside and the company's ability to monetize its intellectual property. The firm raised its price target for shares to $28 from $21.
07:04 EDTCODESpansion has positive read through from Texas Instruments, says Sterne Agee
Sterne Agee believes that Texas Instruments' (TXN) commentary on 4G telecom, auto and industrial strength should be positive for Spansion (CODE). The firm keeps a Buy rating on Spansion.
July 21, 2014
17:18 EDTCODESpansion challenges Macronix patent claims
Spansion has filed petitions with the USPTO's Patent Trial and Appeal Board to invalidate the patents that are being asserted against Spansion by Macronix International and Macronix America in an investigation that is currently pending at the U.S. International Trade Commission. In its petitions, Spansion challenges the validity of three patents addressing technologies directed to circuit designs and circuit layouts. The PTAB's decision on granting these petitions is expected in early 2015.

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