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| Hynix and SanDisk Sign Patent Cross License Agreement Hynix and SanDisk have reached an agreement for a patent cross license covering the Flash memory components of both companies and an agreement for product supply. Concurrently, the companies signed a memorandum of understanding that outlines a joint venture contemplated between the two companies which will manufacture memory components and sell NAND memory system solutions. Details of the joint venture will involve equal capital investments by both companies in dedicated production capacity at Hynix. The parties' x4 technology cooperation was started between msystems Ltd. and Hynix before the acquisition of msystems by SanDisk. Other terms of the agreement are confidential to the parties. write your comments about the article :: © 2007 Computing News :: home page |