By Reuters | Updated: 13 November 2023
Nov 12 (Reuters) – Chinese chipmaker Yangtze Memory Technologies Co (YMTC) has filed a lawsuit against U.S. rival Micron Technology (MU.O) alleging infringement of eight of its patents.
YMTC filed the lawsuit against Micron and unit Micron Consumer Products Group on Nov. 9 at the U.S. District Court for the Northern District of California.
According to the lawsuit, Micron turned to YMTC’s patented technology to fend off competition from YMTC and to gain and protect market share. It said Micron was not paying its fair share to use the patented inventions.
“While we cannot discuss the specifics of pending litigation, I can confirm that YMTC recently filed a lawsuit in the U.S. District Court for the Northern District of California against Micron Technology, Inc for infringement of our company’s patents related to the design, manufacture, and operation of 3D NAND technology,” YMTC said in a statement to Reuters on Monday. “We are confident that this matter will be resolved swiftly.”
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