Catalyst event

Samsung Electronics Co Ltd (005930)

From KRX K-AI Semiconductor TOP2 Plus Index (KKAISEMI)

Samsung entered five-year patent cross-license, settlement, memory-supply and ITC-cooperation agreements with Netlist, including a US$239 million upfront license payment and revenue-based quarterly payments.

Korean translation

삼성전자는 넷리스트와 5년간 특허 상호라이선스·소송 합의·메모리 공급·ITC 협력 계약을 체결했으며, 2억3,900만달러의 선급 라이선스 대가와 매출연동 분기 지급 조건이 포함됨.