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To: Chas who wrote (42494)	1/25/1999 10:48:00 PM
From: DJBEINO	Respond to of 53903

biz.yahoo.com Hyundai Elecsays NEC patent dispute ends SEOUL, Jan 25 (Reuters) - South Korea's Hyundai Electronics Industries Co said on Monday it has agreed with Japan's NEC Corp to end a patent dispute and drop mutual lawsuits. NEC filed lawsuits with a U.S. court in late 1997 against Hyundai over seven different semiconductor production technology patents while Hyundai had later filed counter suits. Hyundai said in a statement the two companies have agreed to allow each other to use their patent rights, which it said would contribute to saving a huge amount of royalty payments. The statement said it won one of the seven lawsuits in December and that trial had been under way in a U.S. court over the remaining six issues.