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LG Electronics 3Q26 operating profit up 13.5%, misses forecasts as cash shifts to AI cooling

Credited to DigiTimes$ · digitimes.com16h ago

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LG Electronics' third-quarter results show a company whose mature businesses are generating steady cash, but not enough to meet raised expectations. The company says it will channel earnings from appliances and auto parts into AI data center cooling and robotics.

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Capital · United States

Micron licenses Netlist's memory tech for US$600M to settle patent dispute

Reading from The Economic Times · Credited to DigiTimes $ · digitimes.com · 18h ago

Photograph · DigiTimes

Netlist said in a statement that Micron would pay $30 million per quarter for a five-year license to Netlist's patent portfolio that includes its "high bandwidth memory" technology.

Computer-memory company Netlist announced on Tuesday that Micron would pay $600 million to settle a patent dispute over Micron's memory chips.

Netlist won a $445 million patent infringement verdict against Micron in Marshall, Texas, federal court in 2024.

Netlist filed a new infringement complaint against Micron at the US International Trade Commission in September seeking to block imports of Micron chips used in Google, Nvidia and Broadcom products for AI computing.

"The agreement with Micron further validates the value of our AI memory technologies," Netlist CEO C.K. Hong said in a statement. "We remain committed to protecting our IP while continuing to invest in the development of next-generation products".

Spokespeople for Micron did not immediately respond to a request for comment on the agreement.

Netlist settled a separate memory-patent dispute with Samsung ⁠in August after winning $421 million in patent verdicts against the South Korean tech giant in Texas.

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