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Samsung, Rambus reach settlement

Samsung, Rambus reach settlement

Samsung Electronics and Rambus reached a US$900 million settlement on Tuesday to patent claims filed against the South Korean giant by the U.S. memory chip company.
Samsung and Rambus said the agreement includes an initial payment by Samsung to Rambus of US$200 million and quarterly payments of US$25 million over the next five years.
In addition, Samsung will invest US$200 million in Rambus stock, they said in a statement.
Samsung and Rambus said the two companies had also agreed to a new licensing agreement for Rambus graphics and mobile memory solutions.


Updated : 2021-10-17 05:04 GMT+08:00