MARSHALL — Texas Instruments is suing a Korean corporation, alleging unfair trade practices.
Texas Instruments Inc. filed a complaint Dec. 27 in the Marshall Division of the Eastern District of Texas against Dongbu HiTek Ltd., alleging failure to adhere to the detailed conciliation provisions.
According to the complaint, on Jan. 28, 1997, Texas Instruments agreed to provide technical assistance and license to Dongbu HiTek for certain semiconductor technologies in exchange for royalty payments.
The suit says Texas Instruments will suffer monetary damages if the defendant reduces the royalty percentage by more than half. The plaintiff alleges Dongbu HiTek has threatened to reduce or stop paying royalties despite its continued use of the plaintiff's technology.
Texas Instruments seeks trial by jury, judicial declaration that the royalty provisions are valid, binding and enforceable, all damages, pre- and post-judgment interest, attorney fees and court costs, and all other proper relief. It is represented by attorneys Hilda C. Galvan and Thomas D. York of Jones Day in Dallas, and by Wesley Hill and Andrea L. Fair of Ward, Smith & Hill PLLC in Longview.
Marshall Division of the Eastern District of Texas Case number 2:16-cv-01458