Bloomberg writes a Chinese court temporarily banned Micron chip sales in the country due to a patent ruling in favor of UMC. The latter sued Micron in January, claiming the US-based memory maker infringed on patents related to memory storage and other products. Micron on the other hand accuses UMC of stealing its trade secrets for a Chinese firm.
In a patent ruling in favor 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 in a statement Tuesday. Micron said it hasn’t been served with the injunction and won’t comment until it does. Shares in the Boise, Idaho-based company dropped as much as 8 percent.