Samsung and SK Hynix sign cross licensing agreement on semiconductor

Samsung Electronics Co. and SK hynix Co. — the world’s two largest computer memory chipmakers — said Wednesday that they have reached an agreement to share patents for chipmaking technologies, wrapping up three-year long negotiations. Details about the agreement, including the contract’s duration and royalty fees, were not revealed, but both of the companies reportedly agreed on a comprehensive cross-licensing deal.

Samsung has 102,995 chipmaking patents, with the comparable figure for SK hynix being 21,422. Samsung also signed a similar deal with Micron Technology Inc. of the U.S. in 2010, while SK hynix forged a cross-licensing deal with Toshiba Corp. of Japan in 2007.

For full article, see Yonhap News.


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