Instead, they buy up and hold onto patents solely to sue for profit.
It’s a fascinating viewpoint.
A South Korean company called Mimir IP is suing US memory maker Micron Technology for infringing on its patents.
In May alone, Mimir bought about 1,500 patents from SK Hynix.
The judge could also force the defendants to sign licensing agreements with Mimir.
Companies frequently sell patents to trolls to fight competitors by proxy.
Recently, it has noticed an uptick in NPE activity presumably due to the ongoing AI boom.
The move is considered preparation for a proxy legal battle.
It was the first time in 11 years that Micron offloaded a cache of patents to a holding company.
“SK Hynix and Micron are DRAM rivals.
It will be interesting to see if Lodestar indeed files an infringement lawsuit in the immediate future.
This viewpoint adds a whole different perspective to patent trolls and their dubious actions.
