UMC settles with Micron in court in tech theft caseBloombergUnited Microelectronics Corp (UMC, 聯電) and Micron Technology Inc yesterday said they have settled a civil lawsuit in which the US memorychip maker accused the Taiwanese company of stealing and leaking its intellectual property to a Chinese partner. The logo of US memorychip maker Micron Technology is pictured at its booth at an industrial fair in Frankfurt, Germany, on July 14, 2015. The case concerned an allegedly illegal transfer of Micron’s memory designs in a chip manufacturing deal between UMC and Jinjiang-based Fujian Jinhua Integrated Circuit Co (福建晉華). Following the move, Micron said that it would continue to seek “full restitution” from UMC in a separate civil lawsuit, the statement said. Chen, who had been president at Micron Taiwan and was made senior vice president at UMC, brokered a deal with Fujian Jinhua to develop DRAM technology for the Chinese firm.

Source: Taipei Times November 27, 2021 03:59 UTC