On January 2, Jinshi Data reported that on January 2, local time, GlobalFoundries and IBM jointly announced that they have reached a settlement on the ongoing litigation to settle all litigation matters, including breaches, business secrets, and intellectual property claims between the two companies. The details of the settlement are confidential, and both parties are satisfied with the outcome.
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Gexin and IBM have reached a settlement on litigation matters
On January 2, Jinshi Data reported that on January 2, local time, GlobalFoundries and IBM jointly announced that they have reached a settlement on the ongoing litigation to settle all litigation matters, including breaches, business secrets, and intellectual property claims between the two companies. The details of the settlement are confidential, and both parties are satisfied with the outcome.