Micron, UMC to withdraw IP complaints against each other

micron umc to withdraw ip complaints against each other

Sumary of Micron, UMC to withdraw IP complaints against each other:

  • :U.S. chipmaker Micron Technology Inc and Taiwanese peer United Microelectronics Corp (UMC) have agreed to withdraw complaints against each other following a years-long legal dispute over intellectual property (IP).
  • Last year, the United States fined UMC US$60 million after the Taiwanese firm pled guilty to stealing Micron designs and sharing them with China’s state-backed Fujian Jinhua, which is building a memory chip manufacturing plant.
  • The United States also indicted Fujian Jinhua for allegedly using the trade secrets in its chip designs.

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