Vikingod

Source: DailyTech
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Hynix Semiconductor and SanDisk Corporation have announced a patent cross-licensing deal covering the flash memory components in order to avoid a messy intellectual property fight. The agreement outlines a joint venture between the two companies to manufacture memory components and sell NAND memory system solutions. The joint venture will involve equal capital investments by both companies in dedicated production capacity in South Korea.

The two companies first came together from a technology cooperation involving x4 memory technology, a technique that allows each memory cell to hold four bits of information memory chip, helping keep production costs low. Hynix had been working on x4 with M-Systems, a company that was acquired by SanDisk for $1.5 billion in November 2006. Specific terms of the agreement are confidential.

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