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WDC » Topics » The nature of our business and our reliance on intellectual property and other proprietary information subjects us to the risk of significant litigation.These excerpts taken from the WDC 10-K filed Aug 20, 2008. The
nature of our business and our reliance on intellectual property
and other proprietary information subjects us to the risk of
significant litigation.
The hard drive industry has been characterized by significant
litigation. This includes litigation relating to patent and
other intellectual property rights, product liability claims and
other types of litigation. Litigation can be expensive, lengthy
and disruptive to normal business operations. Moreover, the
results of litigation are inherently uncertain and may result in
adverse rulings or decisions. We may enter into settlements or
be subject to judgments that may, individually or in the
aggregate, have a material adverse effect on our business,
financial condition or operating results.
We evaluate notices of alleged patent infringement and notices
of patents from patent holders that we receive from time to
time. If claims or actions are asserted against us, we may be
required to obtain a license or cross-license, modify our
existing technology or design a new non-infringing technology.
Such licenses or design modifications can be extremely costly.
In addition, we may decide to settle a claim or action against
us, which settlement could be costly. We may also be liable for
any past infringement. If there is an adverse ruling against us
in an infringement lawsuit, an injunction could be issued
barring production or sale of any infringing product. It could
also result in a damage award
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equal to a reasonable royalty or lost profits or, if there is a
finding of willful infringement, treble damages. Any of these
results would increase our costs and harm our operating results.
The nature of our business and our reliance on intellectual property and other proprietary information subjects us to the risk of significant litigation. The hard drive industry has been characterized by significant litigation. This includes litigation relating to patent and other intellectual property rights, product liability claims and other types of litigation. Litigation can be expensive, lengthy and disruptive to normal business operations. Moreover, the results of litigation are inherently uncertain and may result in adverse rulings or decisions. We may enter into settlements or be subject to judgments that may, individually or in the aggregate, have a material adverse effect on our business, financial condition or operating results. We evaluate notices of alleged patent infringement and notices of patents from patent holders that we receive from time to time. If claims or actions are asserted against us, we may be required to obtain a license or cross-license, modify our existing technology or design a new non-infringing technology. Such licenses or design modifications can be extremely costly. In addition, we may decide to settle a claim or action against us, which settlement could be costly. We may also be liable for any past infringement. If there is an adverse ruling against us in an infringement lawsuit, an injunction could be issued barring production or sale of any infringing product. It could also result in a damage award
Table of Contentsequal to a reasonable royalty or lost profits or, if there is a finding of willful infringement, treble damages. Any of these results would increase our costs and harm our operating results. This excerpt taken from the WDC 10-K filed Aug 28, 2007. The
nature of our business and our reliance on intellectual property
and other proprietary information subjects us to the risk of
significant litigation.
The hard drive industry has been characterized by significant
litigation. This includes litigation relating to patent and
other intellectual property rights, product liability claims and
other types of litigation. Litigation can be expensive, lengthy
and disruptive to normal business operations. Moreover, the
results of litigation are inherently uncertain and may
Table of Contents
result in adverse rulings or decisions. We may enter into
settlements or be subject to judgments that may, individually or
in the aggregate, have a material adverse effect on our
business, financial condition or results of operations.
We evaluate notices of alleged patent infringement and notices
of patents from patent holders that we receive from time to
time. If claims or actions are asserted against us, we may be
required to obtain a license or cross-license, modify our
existing technology or design a new non-infringing technology.
Such licenses or design modifications can be extremely costly.
In addition, we may decide to settle a claim or action against
us, which settlement could be costly. We may also be liable for
any past infringement. If there is an adverse ruling against us
in an infringement lawsuit, an injunction could be issued
barring production or sale of any infringing product. It could
also result in a damage award equal to a reasonable royalty or
lost profits or, if there is a finding of willful infringement,
treble damages. Any of these results would increase our costs
and harm our operating results.
This excerpt taken from the WDC 10-K filed Nov 20, 2006. The
nature of our business and our reliance on intellectual property
and other proprietary information subjects us to the risk of
significant litigation.
The hard drive industry has been characterized by significant
litigation. This includes litigation relating to patent and
other intellectual property rights, product liability claims and
other types of litigation. Litigation can be expensive, lengthy
and disruptive to normal business operations. Moreover, the
results of litigation are inherently uncertain and may result in
adverse rulings or decisions. We may enter into settlements or
be subject to judgments that may, individually or in the
aggregate, have a material adverse effect on our business,
financial condition or results of operations.
Table of Contents
We evaluate notices of alleged patent infringement and notices
of patents from patent holders that we receive from time to
time. If claims or actions are asserted against us, we may be
required to obtain a license or cross-license, modify our
existing technology or design a new non-infringing technology.
Such licenses or design modifications can be extremely costly.
In addition, we may decide to settle a claim or action against
us, which settlement could be costly. We may also be liable for
any past infringement. If there is an adverse ruling against us
in an infringement lawsuit, an injunction could be issued
barring production or sale of any infringing product. It could
also result in a damage award equal to a reasonable royalty or
lost profits or, if there is a finding of willful infringement,
treble damages. Any of these results would likely increase our
costs and harm our operating results.
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