Friday, December 27, 2002
United Microelectronics Corp. has acquired a 2.32% stake in chipset maker Silicon Integrated Systems Corp.
The move was for long-term investment purposes UMC is quoted as saying, although it would appear to be related to the earlier settlement of a dispute between the two companies.
Reportedly UMC is to take three seats on the SiS board of directors.The two companies are to cooperate in production capacity and process technology in the future and engage in a mutual technology licensing the report said.
UMC had acted as foundry for SiS until the Taiwanese chipset designer set up its own fab. In December 2000 a series of patent dispute legal filings between the two began in court in San Jose, California.
By: DocMemory
Copyright © 2023 CST, Inc. All Rights Reserved
|
