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$900 Million Chip Settlement between Samsung and Rambus

After a long winded litigation period
| Business, Financial & Legal News | Posted: Jan 22, 2010 6:44 am

After a long drawn out litigation process concerning royalty payments, Samsung and Rambus have finally reached settlement this week in which Samsung has agreed to pay Rambus $900 Million. The $900M financial settlement is based on the following conditions :-


• A one-time payment to Rambus of $200 million


• Future payments of about $25 million per quarter for the next five years


• Samsung's purchase of $200 million worth of Rambus stock


Under the agreement there will also be new technology collaboration between the two companies. Samsung has said that the settlement doesn't put a huge dint in its earnings as it had already set aside provisions and its shares were up 1.1% in midday trading in Seoul on Wednesday.



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