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Maxim Sees No Material Near-term Impact From Apple V. Samsung Verdict

Stocks in this article: MXIM

SAN JOSE, Calif., Aug. 27, 2012 /PRNewswire/ -- Maxim Integrated Products, Inc. (NASDAQ:MXIM) has reviewed the verdict in Apple, Inc. v. Samsung Electronics Company, Ltd., et al , (U.S. District Court, Northern District of California) as well as the ruling of the Seoul Central District Court in a lawsuit filed by Samsung against Apple, both of which concluded last week. At this time, we do not believe these lawsuits will have any material impact on Maxim's September quarter revenues. In reference to the California jury verdict in Apple v. Samsung, it appears that this lawsuit was not focused on the newer generation Samsung products that comprise most of Maxim's sales to Samsung in the December quarter.

(Logo: http://photos.prnewswire.com/prnh/20120117/SF36500LOGO)

About Maxim

Maxim makes highly integrated analog and mixed-signal semiconductors. Maxim reported revenue of approximately $2.4 billion for fiscal 2012. For more information, go to www.Maxim-ic.com.

Investor Contact: Venk NathamuniManaging DirectorInvestor Relations (408) 601-5293 venk.nathamuni@maxim-ic.com

SOURCE Maxim Integrated Products, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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