Micron Technology Faces New Legal Action Over Alleged Infringement of Netlist Patents

MT Newswires Live00:17

Micron Technology (MU) is facing new legal proceedings before the US International Trade Commission and the US District Court for the Central District of California for the alleged infringement of Netlist patents, according to a statement by Netlist on Wednesday.

"Micron continues its unauthorized use of Netlist technology to gain an unfair competitive advantage and reap historical profits," Netlist Chief Executive Officer C.K. Hong said in the statement.

Netlist said Micron manufactures its infringing memory products overseas and that its ITC action is intended to prevent those products from entering the US.

Micron did not immediately respond to a request for comment from MT Newswires.

Price: 924.00, Change: +55.48, Percent Change: +6.39

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