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SanDisk settles with Ritek

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Signed cross license agreement

 

Flash memory company SanDisk has settled its patent litigation row with Ritek.

According to an official statement, the pair have signed a royalty-bearing cross-license agreement.

The move makes Ritek the first Taiwanese manufacturer of SanDisk's flash cards, USB flash drives and storage systems.

Other details are being kept secret.

More here.

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