Samsung Electronics and U.S. semiconductor company Netlist have resolved their ongoing patent litigation and established a strategic alliance that includes technology collaboration and product supply.
On August 5, Netlist announced that it had signed a five-year long-term agreement with Samsung Electronics covering patent cross-licensing, memory supply, and technology collaboration.
As part of the agreement, both companies have agreed to withdraw all pending legal actions and release each other from mutual liabilities.
Samsung will gain access to Netlist's entire intellectual property (IP) portfolio, including patents for high-bandwidth memory (HBM) and server DIMMs. Additionally, Samsung will supply DRAM and NAND flash memory products to Netlist. The company also plans to acquire 10 million shares of Netlist common stock.
Details of the agreement will be disclosed in a Form 8-K filing with the U.S. Securities and Exchange Commission (SEC) and on Netlist's official website.
Hong Chun-ki, CEO of Netlist, stated, "We are pleased to restore our partnership with Samsung Electronics. This alliance not only marks a significant step in driving technological innovation in the AI memory market but also reaffirms the value of Netlist's patented technologies."
* This article has been translated by AI.
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