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Micron resolves IP theft lawsuit
Mint Mumbai
|December 25, 2023
Micron Technology Inc. has settled a high-profile intellectual property theft lawsuit with a key, state-backed Chinese rival amid the US company's efforts to mend ties with Beijing.
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Micron said it has reached a global settlement agreement with Fujian Jinhua Integrated Circuit Co."The two companies will each globally dismiss their complaints against the other party and end all lawsuits between them," a Micron spokeswoman said in an email, declining to provide further details.
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