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UMC, Micron to withdraw complaints against each other -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO Micron Technology presents its solid-state drive to data center customers at an event held in San Francisco on October 24, 2019. REUTERS/Stephen Nellis

(Reuters:) Taiwan’s UMC (NASDAQ) and the U.S. semiconductor manufacturer Micron Technology Inc (NASDAQ) announced Thursday that they had reached an agreement to withdraw all complaints.

UMC (formerly known as United Microelectronics Corp) will make Micron a one-time payment of an undisclosed sum.

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