Next killer product is the patent itself

Vikingod · Mar 20, 2006, 06:39 PM

Patriot Scientific Corp. had spent nearly a decade trying unsuccessfully to establish a new microprocessor architecture when it decided it needed to do some soul-searching. It hit paydirt when that process revealed its real products: patents.

The six-person company netted more than $24 million in 2005 from Advanced Micro Devices, Casio, Fujitsu, Intel and Hewlett-Packard by licensing seven U.S. patents it considers fundamental to CPUs. And it's just getting started.

"Hundreds of companies have been put on notice as potential infringers," said David Pohl, CEO of the Carlsbad, Calif., company, which hopes to collect royalties on sales of all microprocessor-based systems--sales that are estimated at $200 billion a year. "Virtually every electronic product that a consumer or business comes into contact with is touched by this portfolio."
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Read More / Source: EETimes

Judas · Mar 20, 2006, 06:59 PM

i hate people that find loopholes like that and without lifting much of a finger... benefit by someone elses work..

BONEHEAD · Mar 20, 2006, 07:40 PM

It reminds me of the fat person who sued Mcdonalds. Just to lazy to do the work themselves.
When I was 17 and drinking all the time with my freinds we thought of putting wheels on coolers, several years later what do see wheels on coolers. lol Maybe I should sue them because they stole my idea.

BWX · Mar 20, 2006, 07:56 PM

Quote:

Originally Posted by BONEHEAD

It reminds me of the fat person who sued McDonald's. Just to lazy to do the work themselves.
When I was 17 and drinking all the time with my friends we thought of putting wheels on coolers, several years later what do see wheels on coolers. LOL Maybe I should sue them because they stole my idea.

Well if you patented that idea, and then you saw wheels on coolers later.. then you could sue them for stealing your idea.. (edit- patent infringement) The better thing to do would be to patent the idea and then make the coolers and sell them to make your money off your idea. (hypothetically speaking of course)

Mar 20, 2006, 06:39 PM	#1
Vikingod Int'l Fish Liaison Join Date: Jul 2004 Location: By the light of lamp I sit and type... Posts: 16,197 Rep Power: 112 System Specs	Next killer product is the patent itself Patriot Scientific Corp. had spent nearly a decade trying unsuccessfully to establish a new microprocessor architecture when it decided it needed to do some soul-searching. It hit paydirt when that process revealed its real products: patents. The six-person company netted more than $24 million in 2005 from Advanced Micro Devices, Casio, Fujitsu, Intel and Hewlett-Packard by licensing seven U.S. patents it considers fundamental to CPUs. And it's just getting started. "Hundreds of companies have been put on notice as potential infringers," said David Pohl, CEO of the Carlsbad, Calif., company, which hopes to collect royalties on sales of all microprocessor-based systems--sales that are estimated at $200 billion a year. "Virtually every electronic product that a consumer or business comes into contact with is touched by this portfolio." __________ Read More / Source: EETimes

Mar 20, 2006, 07:40 PM	#3
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