IXYS Granted Stay by US Court of Appeals
IXYS Corp. (Santa Clara, CA) claims to have won a temporary stay of an injunction that was issued against it in connection with its legal dispute with International Rectifier Corp. (IR, El Segundo, CA). IXYS reported that the temporary stay on the injunction was issued by the US Court of Appeals. The injunction was entered in the legal case between IR and Samsung Semiconductor Inc., which affects IXYS because Samsung Electronics Co. Ltd. is one of its major foundry suppliers.
IXYS had previously announced that it would appeal the US District Court's decision. IR has argued that its arrangement with Samsung in Korea applies to MOSFETs sold by IXYS in the US. The temporary stay of the injunction will provide IXYS with more time to appeal the court’s decision, according to the company.