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Technology Stocks : Micron Only Forum
MU 292.63-0.6%3:59 PM EST
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To: Chas who wrote (42492)1/25/1999 10:30:00 PM
From: DJBEINO  Read Replies (1) of 53903
 
Hyundai, NEC will share semiconductor technology

Jan 26, 1999 - Hyundai Electronics Industries and NEC of Japan have agreed to share their patented technologies on memory chips as a compromise in the patent disputes between the two chip makers, a Hyundai spokesman announced Monday.

He said that Hyundai had accepted NEC's proposal to compromise through technology sharing between the two companies after Hyundai won the case it filed in the district court of Virginia on the Japanese maker's infringement of Hyundai's patented semiconductor technology.

Analysts forecast that the technology sharing between the two semiconductor giants will greatly increase the pace of advancement in dynamic random access memory chip manufacturing.

NEC and Hyundai are the world's second and fourth largest manufacturers of memory chips. The two firms agreed to share all of their memory chip technologies and part of their non-memory chip technologies, the official said.

With the compromise, Hyundai has decided to withdraw all six other suits it had filed against NEC in the U.S. court.

Hyundai is expected to replace NEC as the world's second largest chip maker as soon as it acquires LG Semicon under the ongoing business swap deals in corporate Korea. The acquisition would give Hyundai control of 15.7% of the global semiconductor market.
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