SK Hynix announced on Tuesday that they will sign agreement with U.S. Spansion for mutual use of patent license and SLCNAND flash memory.SK Hynix explained that the agreement includes the two sides do not need to pay for the patent when to use other's patent.Recently the global patent disputes have a sharp increase, the two companies signed the agreement in such circumstances , it is better to reduce potential disputes, and narrow the uncertainty on the business.In addition, SK Hynix also can make use of the protocol to master a steady supply of embedded SLCNAND flash memory products. Embedded SLCNAND flash is used in IT equipment, internal storage of high value-added products, Spansion will use SK Hynix products into embedded products, and then for the manufacture of digital TV, mobile phones, automotive applications company provide these embedded products.SK Hynix plans, the company will come ture sharing of diverse patent based on Spansion accumulated technological capabilities,to improve technology development, product mix of resources. In addition, Spansion introduced the embedded Flash memory products for the first time due to the agreement, with a combination of resources of a variety of products.The president of SK Hynix said competitiveness of NAND flash memory products from SK Hynix and the competitiveness of Spansion Flash memory technology make up for shortcomings, their cooperation could meet needs of embedded NAND flash memory market satisfied. |
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SK Hynix Establishes Strategic Partnership With Spansion