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Applied Materials and Advanced Micro-Fabrication Equipment, Inc. Settle Litigation and Resolve All Outstanding Disputes

Advanced Micro-Fabrication Equipment, Inc.
2010-01-21 17:44 1660

SHANGHAI and SANTA CLARA, Calif., Jan. 22 /PRNewswire-Asia/ -- Applied Materials and Advanced Micro-Fabrication Equipment, Inc. (AMEC) today jointly announced that they have settled all litigation between the respective companies and that all outstanding disputes have been resolved. Among other things, there was a dispute over the ownership of certain patent families filed by AMEC. In the settlement the parties agreed that those patent families will be jointly owned. AMEC also made a payment to Applied Materials of an undisclosed amount, and in light of that, the parties agreed to collaborate on projects in the future.

About Advanced Micro-Fabrication Equipment, Inc.

Advanced Micro-Fabrication Equipment, Inc. (AMEC) is a leading Asia-based semiconductor equipment company with proprietary wafer fabrication solutions designed to advance technology, increase productivity and reduce manufacturing costs for leading global semiconductor manufacturers. AMEC's systems combine unique technology solutions with economic innovations for the 65/45/32-nm nodes and beyond. The company maintains R&D, manufacturing, business and support operations in China, with sales and support organizations in Japan, Korea, Singapore and Taiwan. To learn more, please visit http://www.amec-inc.com .

Source: Advanced Micro-Fabrication Equipment, Inc.
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