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Wednesday, June 06, 2007
 Sanyo and MediaTek Reach Settlement in Patent Infringement Litigation
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Message Text: Sanyo Electric Co., Ltd. has amicably resolved the outstanding patent disputes with MediaTek Inc. in the United States.

The settlement covers patent claims brought by Sanyo against MediaTek and its customers ASUSTek Computer, Inc. and ASUS Computer International in California, and by MediaTek against Sanyo and Sanyo North America Corporation in Texas. Both cases were scheduled to begin trial over the next few months and each matter will be dismissed with prejudice, according to the companies.

Sanyo and MediaTek also agreed to exchange cross-licenses under the patents asserted in each litigation. The remaining terms of the settlement agreement were not disclosed.
 
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