ALEXANDRIA, Va., Sept. 17 -- United States Patent no. 12,417,864, issued on Sept. 16, was assigned to Panasonic Intellectual Property Management Co. Ltd. (Osaka, Japan).

"Multilayer varistor" was invented by Masashi Takamura (Hokkaido, Japan), Yuto Akiyama (Hokkaido, Japan) and Ken Yanai (Hokkaido, Japan).

According to the abstract* released by the U.S. Patent & Trademark Office: "A multilayer varistor includes a sintered body and a first internal electrode, a second internal electrode, a third internal electrode, and a fourth internal electrode which are disposed in the sintered body. The first internal electrode, the second internal electrode, the third internal electrode, and the fourth internal electrode are arranged in an order of th...