UMC, Micron to withdraw complaints against each other


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

UMC, formally referred to as United Microelectronics Corp, may also make a onetime fee to Micron of an undisclosed quantity.

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Reporting by Eva Mathews in Bengaluru; enhancing by Jonathan Oatis

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