BOISE, Idaho, Nov. 25, 2021 (GLOBE NEWSWIRE) – United Microelectronics Corporation (TWSE: 2303; NYSE: UMC) and Micron Technology, Inc. (Nasdaq: MU) today announced a settlement agreement between the two companies in the world. The companies will collectively withdraw their claims against the other party and UMC will make a one-time payment in an undisclosed amount to Micron. UMC and Micron look forward to engaging in opportunities for mutual business cooperation.
Micron is one of the world’s largest semiconductor companies with more than 40 years of technological leadership and innovation, more than 47,000 lifetime patents granted, and significant investments in advanced manufacturing and processes. Protecting intellectual property is fundamental to Micron’s ability to remain competitive as the company continues to drive innovation that is critical to the data economy.
UMC is one of the world’s leading semiconductor foundry companies focused on manufacturing logic and specialty products for all major sectors of the electronics industry. UMC has 12 factories with a combined capacity of nearly 800,000 wafers per month (8 inch equivalent). UMC is constantly improving and refining its trade secret protection policy and procedures while providing high quality products and services to its customers.
UMC (NYSE: UMC, TWSE: 2303) is one of the world’s leading semiconductor foundry companies. The company provides high quality integrated circuit manufacturing services, focusing on logic and various specialized technologies to serve all major sectors of the electronics industry. UMC’s comprehensive integrated circuit processing technologies and manufacturing solutions include mixed logic / signal, on-board high voltage, on-board non-volatile memory, RFSOI and BCD, etc. Taiwan, with others across Asia. UMC has a total of 12 factories in production with a combined capacity of nearly 800,000 pads per month (8 inch equivalent), and all of them are certified with the automotive quality standard IATF-16949. UMC is headquartered in Hsinchu, Taiwan, as well as local offices in the United States, Europe, China, Japan, Korea and Singapore, with a total of 19,500 employees worldwide. For more information, please visit: https://www.umc.com.
About Micron Technology, Inc.
We are an industry leader in innovative memory and storage solutions transforming the way the world uses information to enrich lives. for everyone. With a relentless focus on our customers, technological leadership, and excellence in manufacturing and operations, Micron offers a rich portfolio of high-performance DRAM, NAND and NOR memory and storage products through our MicronÂ® brands and CrucialÂ®. Every day, innovations created by our employees fuel the data economy, enabling advancements in artificial intelligence and 5G applications that unlock opportunity – from the data center to the smart edge and across the customer and user experience. mobile. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com.
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