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Blue LED Inventor Nakamura Awarded $8.1 Million

Posted by timothy on Wednesday January 12, 2005 @05:54AM from the least-they-could-do dept.

redkingca writes "The New York Times (reg required) has an article about an $8.1 million settlement in the blue-LED royalty case. Mr. Nakamura created the blue LED while working for the Nichia Corporation but never received any bonuses or royalties for his invention. A lower court had awarded 20 billion yen, nearly $200 million, and ordered Nichia to pay Mr. Nakamura last year. The settlement came after the company appealed that ruling."

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Is this for real? by NeoSkink · 2005-01-12 05:59 · Score: 4, Funny

A first post, on Slashdot, that is actually interesting/informative? Nah! It must be a trick...

Or is this a sign of the comming apocalypse?