TSMC And Globalfoundries Bury The Hatchet

Globalfoundries and TSMC are dismissing all litigation between them as well as those that involve any of their customers.

The companies have agreed to a broad life-of-patents cross-license to each other’s worldwide existing semiconductor patents as well as those patents that will be filed during the next ten years as both companies continue to invest significantly in semiconductor research and development.

 This resolution guarantees GLoFo and TSMC freedom to operate and ensures that their respective customers will continue to have access to each foundry’s complete array of technologies and services.

 “We are pleased to have quickly reached this settlement that acknowledges the strength of our respective intellectual property. Today’s announcement enables both of our companies to focus on innovation and to better serve our clients around the world,” says GloFo CEO Thomas Caulfield.

“The resolution is a positive development that keeps our focus on advancing the needs of our customers for technologies that will continue to bring innovation to life, enabling the entire semiconductor industry to thrive and prosper,” says TSMC’s lawyer Sylvia Fang.