Taiwan chip maker UMC claims court victory against US rival Micron
China accounted for more than 50% of Micron’s revenue in financial 2017
Taipei/San Francisco — A Chinese court temporarily banned Micron Technology chip sales, cutting the US company off from the world’s largest semiconductor market, Taiwanese rival United Microelectronics Corp said. In a patent ruling in favour of UMC, the Fuzhou Intermediate People’s Court of the People’s Republic of China issued a preliminary injunction stopping Micron from selling 26 products, including dynamic random access memory and Nand flash memory-related products, UMC said on Tuesday. Micron said it had not been served with the injunction and would not comment until it was. Shares in the Boise, Idaho-based company dropped as much as 8%. UMC took legal action against Micron in January, alleging that the US company infringed on patents in China related to memory storage and other products. Among the remedies it sought was to stop Micron from making, importing or selling the allegedly infringing products and also destroy all inventory and pay compensation. UMC declined to provid...
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