Micron, UMC to withdraw IP complaints against each other

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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).

have agreed to withdraw complaints against each other following a years-long legal dispute over intellectual property .

Micron had accused UMC of misappropriating trade secrets and passing them to a Chinese state-backed firm. UMC had alleged patent infringement by two of Micron's China-based subsidiaries.Their agreement to withdraw the complaints comes amid broader concerns from the U.S. government about technology theft, particularly in relation to China.

UMC at the time said management was unaware of unauthorised actions of three employees who had previously worked for Micron.

 

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