The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Westhamtin:
https://www.courtlistener.com/docket/16849072/nanoco-technologies-ltd-v-samsung-electronics-co-ltd/
Nanoco filed a request for a jury trial on Feb14, 2020.
https://www.imveurope.com/news/sts-quantum-dot-sensor-set-volume-swir-imaging
"He said there’s a lot of effort going into improving the quantum efficiency of CQDs [colloidal quantum dots]. In academia, Professor Edward Sargent at the University of Toronto has reported 80 per cent quantum efficiency of a CQD photodetector at 1,550nm.
‘In industry, in the next couple of years, we’ll probably also be able to develop our technology to hit higher quantum efficiencies, upwards of 70-80 per cent,’ Steckel said. ‘Then it would create more of a value-add, and more of a gap between what silicon can do versus what CQD can do in the NIR, and also close the gap between what InGaAs can do versus CQD technology in the SWIR.’
As part of its IEDM paper, STMicroelectronics showed that its device met the current consumer electronics industry standard for reliability, although Steckel added that ST is working on higher temperature stability so that it can address more demanding applications."
Because "Driver Monitoring Systems will be mandatory in many countries", I have to believe that growth rate of these cameras will be greater than the suggested 10%. STM and Nanoco have spent years developing SWIR technology to create safer automated cars. We see competition, but Nanoco may have a head start.
Should see visibility soon if STM is incorporating Nanoco technology. Many 2024 cars will be released in 2023.
www.motorbiscuit.com/when-expect-2024-cars-go-sale/
"Keep in mind that the official release dates for certain makes and models will vary. We can likely expect to see some 2024 models roll out as early as Spring of next year, while other models, like the 2024 Honda CR-V, will probably show up closer to August of next year. "
The new sensor, the VD/VB1940, delivers a cost-effective solution that combines the sensitivity and high resolution of infrared sensing with high dynamic range (HDR) color imaging in a single component. It can capture frames alternatively in rolling-shutter and global-shutter modes. With 5.1-megapixels, it captures the high-dynamic-range (HDR) color images needed for an occupant monitoring system (OMS) in addition to the high-quality near-infrared (NIR) images typically captured by standard DMS sensors. DMS uses NIR imaging to analyze driver head and eye movements in all lighting conditions.
Possibly important for Nanoco:
finance.yahoo.com/news/stmicroelectronics-sets-scene-advanced-car-130000099.html
Geneva, September 8, 2022 – As leading automotive markets start to mandate driver-monitoring systems (DMS), STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, is already equipping carmakers with the required technologies. While DMS promises greater road safety by assessing driver alertness, the next-generation dual image sensor ST announced today monitors the full vehicle interior covering both the driver and all passengers. New applications enabled by ST’s new image sensor include passenger safety-belt checks, vital-sign monitoring, child-left detection, gesture recognition, and high-quality video/picture recording.
Gilstrap is brilliant. He received a Bachelor of Arts from Baylor University in 1978, where he graduated magna cum laude.[3] As an undergraduate he was inducted into Phi Beta Kappa. He is highly respected in Texas, extremely well organized, and seems to have little difficulty understanding technology or business subjects.
For many years, he has presided over more patent cases than any judge in the country. He led the US in patent cases in 2014 and 2015. In 2016 alone, he had 1,119 cases brought before him. He also has access to subject experts. It is not likely that many jury members have anything near his expertise.
I mention this, Feeks, because I think it is an important backstop. I don't think we need to depend on the judge overruling the jury. However, it is comforting to know that the judge could overturn a totally irrational holdout by one or two members of the jury. We know that there are gobs of money at stake, that Samsung has huge funds at its disposal, and Samsung often does not play fair.
I believe that Gilstrap is a fair person and will seek a fair outcome. I am sure that Samsungs excessively egregious behavior will weigh heavily in any award Nanoco might receive.
Can a Federal Judge overturn a jury and | Legal Advice (lawguru.com)
Re: Can a Federal Judge overturn a jury and rule a patent invalid.
Yes. A judge can overrule a jury's verdict in a case. The measure is whether, given the evidence, no reasonable person could give the verdict that was given by the jury in the case. This can happen in cases where the jury lets their emotions take over for their rationality, or in cases where the jury may not have properly understood the issues and the evidence in the case (as might have been the scenario in your case). The two rules of Federal Civil Procedure through which this may be implemented are as follows:
Judgment as Matter of Law (formerly ?Directed Verdict?) ? Motion for judgment as a matter of law allows judgment to be granted for either party if the evidence is such that reasonable persons could not disagree. Evidence must be viewed in the light most favorable to the non-moving party (in your case, you would have been the non-moving party).
Renewed Motion for Judgment as a Matter of Law (formerly "JNOV" - Judgment Non Obstante Veridicto) ? A renewed motion for judgment as a matter of law, formerly known as a JNOV, may be filed no later than 10 days after entry of judgment (if a motion for judgment as a matter of law was made at the close of all evidence.)
And, of course, the Federal Appellate Court may affirm the Federal Trial Judge's verdict.
My research shows that a Post Grant Review petition must be filed withing nine months of the patent grant date. Strange that Samsung never petitioned for a PGR. They certainly must have been immediately aware of the patent approval.
Put yourselves in the position of the funders!
1. You were considering committing tens of millions of dollars to fund Nanoco's lawsuit.
2. First, you hired a company expert in verifying patents to verify Nanoco's technology and patents.
3. You hired Mintz, a top law firm, to work with the above company to examine all loopholes. 4. The two above companies would have worked with Nanoco (scientists and executives) to review the evidence against Samsung.
5. Prior to filing the lawsuit, these three would have hard-tested the patents by verifying the process against the sufficiency of the patent descriptions.
I have no doubt that funding would not have occurred if they and Nanoco lawyers were not certain they could prove sufficiency. Nevertheless, a jury trial is always a risk. Let's not forget that Gilstrap is not a fool. The jury should vote in Nanoco's favor. As a judge, he does have the authority to overrule the jury if he feels the jury reached a wrong conclusion.
No, UglyButter. Nanoco could not have done it without the funder. The money could not have been better spent given that Nanoco was ble to sue Samsung risk free-- all court costs covered, win or lose. This funder saved Nanoco and us. Even if Nanoco loses, the SWIR and Infrared dots hold promising futures.