IBM and Global Foundries settle long-running lawsuit

IBM and Global Foundries have come to an agreement to settle their legal disputes from previous lawsuits dating back to 2021 and 2023. The two technology companies have reached a confidential settlement to address issues related to breach of contract, trade secrets, and intellectual property claims. This resolution marks the end of a long-standing legal battle between IBM and Global Foundries, following IBM’s sale of its chip manufacturing business to Global Foundries in 2015. Both parties have expressed satisfaction with the outcome and are looking forward to strengthening their partnership for future innovations in the semiconductor industry. IBM’s chairman and CEO, Arvind Krishna, and GF’s president and CEO, Dr. Thomas Caulfield, have emphasized the importance of resolving these disputes to focus on driving progress and benefiting their organizations and customers.

Hisense’s new 4K laser TV delivers up to 150 inches of picture, and 6.2.2 channels of Dolby Atmos sound

Fri, 03 Jan

0 0 votes

Article Rating