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UMC, Micron to withdraw complaints against each other

(Reuters) - Taiwan's UMC and U.S. semiconductor firm Micron Technology Inc (NASDAQ:MU) have agreed to withdraw their complaints against each other, the companies announced on Thursday. UMC, formally known as United Microelectronics Corp, will also make a onetime payment to Micron of an undisclosed amount.
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(Reuters) – Taiwan’s UMC and U.S. semiconductor firm Micron Technology Inc (NASDAQ:MU) have agreed to withdraw their complaints against each other, the companies announced on Thursday.

UMC, formally known as United Microelectronics Corp, will also make a onetime payment to Micron of an undisclosed amount.

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