U.S. chip company Micron settles IP lawsuit with Chinese firm

entertainment2024-05-21 06:58:35943

The U.S. chip company Micron Technology Inc said it has settled an intellectual property theft lawsuit with Chinese company Fujian Jinhua Integrated Circuit Co.

Micron said in a statement that it has reached a global settlement agreement with the Chinese company.

"The two companies will each globally dismiss their complaints against the other party and end all lawsuits between them," a Micron spokeswoman said.

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