SOITEC : SOITEC ANNOUNCES END OF PATENT LAWSUIT WITH SIGEN

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SOITEC ANNOUNCES END OF PATENT LAWSUIT WITH SIGEN Bernin (Grenoble), France, March 29, 2017-Soitec, a world leader in designing and manufacturing semiconductor materials for the electronics industry, and Silicon Genesis Corporation (SiGen) have ...

SOITEC ANNOUNCES END OF PATENT LAWSUIT WITH SIGEN

Bernin (Grenoble), France, March 29, 2017- Soitec, a world leader in designing and manufacturing semiconductor materials for the electronics industry, and Silicon Genesis Corporation (SiGen) have successfully brought an end to the dispute regarding the importation and sale in the United States of certain silicon-on-insulator (SOI) wafers (see press release dated October 21, 2016). Both companies have agreed to dismiss all pending litigations including the proceedings in front of the U.S. International Trade Commission (USITC).

This agreement reinforces Soitec's intellectual property position and allows the company to better serve and protect Soitec's customers and business partners.

A robust patent portfolio is a key part of Soitec's business model, including new product developments, manufacturing and licensing. The company uses its state-of-the-art innovative technologies to enhance the performance and energy efficiency of semiconductors. Soitec's products - mainly SOI wafers - are critical for today's global electronics chip industry, with SOI based chips being mainly used in smart phones, cars, IOT devices and networks.

About Soitec: Soitec (Euronext, Tech 40 Paris) is a world leader in designing and manufacturing innovative semiconductor materials. The company uses its unique technologies and semiconductor expertise to serve the electronics and energy markets. With 3,000 patents worldwide, Soitec's strategy is based on disruptive innovation to answer its customers' needs for high performance, energy efficiency and cost competitiveness. Soitec has manufacturing facilities, R&D centers and offices in Europe, the U.S. and Asia. For more information, please visit www.soitec.com and follow us on Twitter: @Soitec_EN

 

International Media Contact
Camille Dufour
+33 (0)6 79 49 51 43 
camille.dufour@soitec.com
   

Investor Relations
Steve Babureck 
+1 858 519 6230 
or +33 (0)6 16 38 56 27
steve.babureck@soitec.com 

 

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: SOITEC via Globenewswire

Source(s) : SOITEC

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