Tesla Faces 19% Drop in UK Registrations as Competition Intensifies 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Netflix Nearing Major Deal to Acquire Warner Bros Discovery Assets 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Airline Loyalty Programs Face New Uncertainty as Visa–Mastercard Fee Settlement Evolves 
Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX 
Magnum Audit Flags Governance Issues at Ben & Jerry’s Foundation Ahead of Spin-Off 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
IKEA Launches First New Zealand Store, Marking Expansion Into Its 64th Global Market 
Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation 
GM Issues Recall for 2026 Chevrolet Silverado Trucks Over Missing Owner Manuals 
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp 
Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Visa to Move European Headquarters to London’s Canary Wharf 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
SK Hynix and Netlist ended their dispute on chip patent after reaching a settlement. The two companies have now entered into a strategic agreement that will be beneficial to both sides.
The South Korean chipmaker and US-based memory and storage tech company announced on Wednesday, April 7, that they have settled and signed a patent cross license agreement. The contract covers the firms’ chip technologies, as per Yonhap News Agency.
What is in the deal
Under the agreement, it was reported that SK Hynix will be given access to Netlist's portfolio of its US and foreign patents. In return, Netlist will get a royalty from the Korean chipmaker, supply of memory and storage products and a cross license to SK Hynix's patent portfolio.
Moreover, it was stipulated in the agreement that Netlist and SK Hynix will collaborate on the former’s HD CXL technology, advanced memory and storage tech for future sales in the market. At any rate, insiders in the industry believe that the California-headquartered tech company will be able to get at around $40 million in royalties from SK Hynix.
"We are delighted with the recognition of the value of Netlist's intellectual property and very much look forward to partnering with SK Hynix, a global leader in memory and storage technology." Netlist's chief executive officer, C.K. Hong, said in a press release.
SK Hynix and Netlist’s legal dispute
SK Hynix and Netlist just agreed to settle their court battle and it was said that the companies will close all their pending cases that are being tried in the Patent Trial and Appeals Board of the U.S. Patent and Trademark Office and the U.S. District Court for the Western District of Texas.
The tech firms’ dispute began when in 2016 and 2017, Netlist filed a patent infringement case against SK Hynix with the International Trade Commission in the U.S. Although the American company is the complainant in the suit, the ITC ruled in favor of the Korean company.
Finally, Netlist took the cases to Texas court last year but before more trials can proceed, it has made a deal with SK Hynix and settled to conclude their dispute and move on with the business. With this strategic agreement in place, both parties will only gain from now on instead of going through with the hassles of the court battle that will also cost them money.
