Netlist and Samsung Settle Pending Litigation, Sign Five-Year Patent and Memory Agreements

ITHome reported on August 7 that memory and storage company Netlist announced on August 5, local time in California, that Samsung Electronics had agreed to settle and dismiss all pending litigation between the two companies. The companies have also formed a strategic alliance. According to the cooperation documents, the two companies signed five-year agreements covering cross-licensing of their patent portfolios, the supply of memory products, and technical collaboration. Samsung will gain access to Netlist’s entire patent portfolio, including technologies related to server DIMMs and HBM; Samsung will supply Netlist with DRAM and NAND products; and Samsung will purchase 10 million shares of Netlist common stock. Netlist CEO CK Hong said: “We are pleased to renew this cooperation agreement and look forward to working closely with Samsung. These strategic agreements reflect our shared commitment to innovation in AI memory and validate the value of Netlist’s intellectual property.” Related reading: “US ITC Launches Section 337 Investigation into Seven Companies, Including Samsung Electronics, Google, Nvidia, and Broadcom” “Samsung’s Memory Business Faces Patent Challenge in the US as Netlist Alleges Its HBM and DDR5 Products Infringe Patents” “Samsung Ordered to Pay $118 Million for Infringing Netlist Patents” “(Update: Some Patents Invalidated) Micron Loses Patent Lawsuit Against Netlist, Faces $445 Million in Damages” “Samsung Electronics Wins Favorable Ruling in Memory Patent Case, Does Not Have to Pay Netlist $303 Million” “Samsung Loses Patent Lawsuit Against US Memory Company Netlist”