Oct 6 (Reuters) - Computer-memory company Netlist announced on Tuesday that Micron would pay $600 million to settle a patent dispute over Micron's memory chips.
• Netlist said in a statement that Micron would pay $30 million per quarter for a five-year license to Netlist's patent portfolio that includes its"high bandwidth memory" technology
• Netlist won a $445 million patent infringement verdict against Micron in Marshall, Texas, federal court in 2024
• Netlist filed a new infringement complaint against Micron at the US International Trade Commission in September seeking to block imports of Micron chips used in Google, Nvidia and Broadcom products for AI computing
• "The agreement with Micron further validates the value of our AI memory technologies," Netlist CEO C.K. Hong said in a statement. "We remain committed to protecting our IP while continuing to invest in the development of next-generation products"
• Spokespeople for Micron did not immediately respond to a request for comment on the agreement
• Netlist settled a separate memory-patent dispute with Samsung in August after winning $421 million in patent verdicts against the South Korean tech giant in Texas
(Reporting by Blake Brittain in Washington; Editing by Mark Porter)
