UMC, Micron to withdraw complaints in opposition to one another

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Nov 25 (Reuters) – Taiwan’s UMC (2303.TW) and U.S. semiconductor agency Micron Technology Inc (MU.O) have agreed to withdraw their complaints in opposition to one another, the businesses introduced on Thursday.

UMC, formally often known as United Microelectronics Corp, can even make a onetime fee to Micron of an undisclosed quantity.

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Reporting by Eva Mathews in Bengaluru; enhancing by Jonathan Oatis
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Micron Technology's solid-state drive for data center customers is presented at a product launch event in San Francisco, U.S., October 24, 2019. REUTERS/Stephen Nellis